Price Variation: FG Reopens Sahad Stores

The Federal Government has reopened the head office of Sahad Stores, sited in Area 11, Garki Abuja over price variations.

News Rider reports that the store was sealed on Friday, February 16, 2024, by the Federal Competition and Consumer Protection Commission (FCCPC) enforcement team for lack of transparency in products' prices and extortion of customers.

In a statement on Saturday in Abuja, Acting Executive Vice Chairman of FCCPC, Dr Adamu Abdullahi informed that the reopening followed a mutual understanding and commitment from the management of the store to implement transparent pricing practices.

He noted that the commission is aware that similar practices might be happening at other Fast-Moving Consumer Goods (FMCG) outlets nationwide.

Abdullahi enjoined supermarkets or outlets extorting customers to desist from such practice immediately to avoid consequences.

He said: ”Businesses are expected to display transparent pricing information to empower consumers to make informed purchasing decisions, especially during challenging economic times.

”The FCCPC remains committed to combating all forms of exploitative or misleading practices that undermine consumer rights."

Abdullahi disclosed that FCCPA protects consumer rights and prohibits deceptive business practices.

He pointed out that Section 115 outlined potential penalties for violation, including fines for organisations and imprisonment for directors.

The EVC encouraged all businesses to adhere to fair and transparent pricing practices to ensure consumer protection and a healthy market environment.

Comments

11- month Unpaid Salaries: FG Returns EHCON To Budget Circle By 2025

BY CHIKA OKEKE, Abuja Stakeholders and Staff of EHCON in a group photograph at the unveiling of EHCON’s Electronic Documentation Management Center (EDMC) in Abuja on Wednesday. The Federal Government has stated that plans are underway to return the staff of Environmental Health Council of Nigeria (EHCON) to budgetary allocation by 2025 and facilitate the payment of 11-month unpaid salaries. Minister of Environment, Alhaji Balarabe Abbas Lawal stated this on Wednesday in Abuja at the unveiling of Environmental Health Council of Nigeria's (EHCON) Electronic Documentation Management Center (EDMC). The centre, which is domiciled at the headquarters of EHCON in the Federal Secretariat, was built by EHCON in partnership with Agro - Climate Resilience in Semi Arid Landscape (ACReSAL) and financed by the World Bank. News Rider reports that the staff of EHCON received their last salary in December 2023, which implied that from January to November 2024, the workforce are y...

EHCON Seals Deal With SEPHON, EPHPAN, WAHEB To Revamp Environmental, Public Health

BY CHIKA OKEKE, Abuja Registrar of Environmental Health Council of Nigeria (EHCON) Dr Yakubu Baba displaying a Memorandum of Understanding (MoU) signed with the Registrar of West African Health Examination Board (WAHEB) Mrs Bola Oladejo in Abuja on Tuesday. In line with global best practices, the Environmental Health Council of Nigeria (EHCON) has sealed deal with strategic professional bodies to revamp environmental and public health issues across the country. They are Society for Environmental and Public Health of Nigeria (SEPHON), Environmental and Public Health Practitioners of Nigeria (EPHPAN), and West African Health Examination Board (WAHEB). Registrar of EHCON, Dr Yakubu Baba stated this on Tuesday at the signing of a Memorandum of Understanding (MoU) with the professional bodies in Abuja. He noted that Environmental Health (EH) is a profession recognised and established by Act 11 of Environmental Health Officers Registration Counc...

EFCC: You Do Not Change A Winning Team

By Iliyasu Gashinbaki Iliyasu Gashinbaki I have read the letter from the former President, Nigeria Bar Association (NBA), Dr. Olisa Agbakoba, SAN, addressed to the Chairmen of the Constitution Review Committee of both chambers of the National Assembly- Deputy Senate President and Deputy Speaker, House of Representatives. I was looking for his prayers to the esteemed lawmakers on clear and unambiguous anomalies he observed in the Establishment Act of the Economic and Financial Crimes Commission (EFCC) that need legislative action in the review exercise. I must confess, I could not find any. Instead, the legal luminary made a sweeping statement that is neither rooted in facts nor verifiable evidence that “I very strongly believe the EFCC is unconstitutionally established. The powers under which it was established go beyond the powers of the National Assembly. The EFCC is an unlawful organisation.” How? I have asked myself repeatedl...

News Rider

Search This Blog