Inflation: FCCPC to engage market leaders, others

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FCCPC) News

Inflation,Market Leaders,Tunji Bello

Tunji Bello said the FCCPC will engage market leaders and others in the supply and distribution chain in an effort to reduce inflation

The Federal Competition and Consumer Protection Commission has said it will engage market leaders and others in the supply and distribution chain across Nigeria in an effort to reduce inflation. The FCCPC disclosed this in a statement signed by the Vice Chairman/CEO Tunji Bello on Monday. According to Bello, this is pursuant to Sections…

“While it is recognised that the exchange rate has impacted the value of the naira, it is however observed that prices charged are, in most cases, disproportionate for imported products and excessive for locally produced ones. He believes that such interaction will be sustained by the FCCPC to foster a better market culture that makes allowance for the trader’s margin without leaving buyers exploited.

The Federal Competition and Consumer Protection Commission has said it will engage market leaders and others in the supply and distribution chain across Nigeria in an effort to reduce inflation. The FCCPC disclosed this in a statement signed by the Vice Chairman/CEO Tunji Bello on Monday. According to Bello, this is pursuant to Sections…

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