The Federal Competition and Consumer Protection Commission (FCCPC) and the Economic and Financial Crimes Commission (EFCC) have pledged to strengthen their collaboration to protect Nigerian consumers from exploitation.
The Executive Vice Chairman, FCCPC, Mr. Tunji Bello, stated this when he paid a courtesy visit to the Executive Chairman of the EFCC, Mr. Olanipekun Olukoyede, in Abuja.
The FCCPC Chairman expressed concerns over the increasing cases of arbitrary price hikes, and emphasized the need for a joint effort to address the issue.
He commended the EFCC’s expertise in surveillance and investigation and sought its support in combating these unfair trade practices.
The Chairman, EFCC, Mr. Olukoyede acknowledged the challenges faced by consumers and assured the FCCPC of the commission’s full cooperation.
He emphasized the importance of a strong partnership between the two agencies in creating a fair and equitable market for Nigerian consumers.
Both agencies agreed to intensify their joint efforts to protect consumer rights and bring perpetrators of economic crimes and unfair market practices to justice
This is coming barely a week after FCCPC announced its desire to engage market leaders across the country to curb the exploitative pricing of consumer goods.
RN
