FCCPC to tackle market cartel on downward review of prices

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The Nation Newspaper FCCPC to tackle market cartel on downward review of prices

The Acting Executive Vice Chairman/ CEO, Federal Competition and Consumer Protection Commission , Adamu Abdullahi yesterday disclosed that the rise in prices of foodstuffs and other items in the markets were due to cartels forcefully enforcing prices.

When asked what the Commission is doing to ensure prices of foodstuffs are stepped down in the markets, he said it is not in the place of the FCCPC to enforce, or regulate prices, even though the commission took it upon itself to meet with market managements to address the issue. According to him, transportation was among the major challenges, which is the reason the government should do all it can to ensure that Compressed Natural Gas becomes fully operational as soon as possible. With the CNG in place, prices of goods will drastically reduce.

For these prices to completely drop, government should address some of these issues, even though the market cartel is very disturbing.Exposed!! Popular Abuja doctor revealed how men can naturally and permanently cure poor erection, quick ejaculation, small and shameful manhood without side effects. Even if you are hypertensive or diabetic . Stop the use of hard drugs for sex!! It kills!!!

 

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