BREAKING: FG Seals Sahad Store In Abuja Over Misleading Prices

The Federal Competition and Consumer Protection Commission (FCCPC) has taken action against misleading pricing practices at Sahad Store, a well-known supermarket in the Garki area of Abuja, Politics Governance reports.

This move comes twenty-four hours following President Bola Tinubu’s announcement to address the root causes of food crisis.

The supermarket management has been alleged of misleading customers by applying different prices than those indicated on the shelves.

The implementation was spearheaded by Adamu Ahmed Abdullahi, the Acting Executive Vice Chairman of FCCPC.

Briefing journalists, he said: “What we have found out that these people are doing is misleading pricing and lack of transparency in the pricing, which is against Section 115 (3) of the law that says a consumer is not required to pay a price for any good or service higher than the one that’s on display.”

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“Section 155 states that any corporate person that contravenes is liable to a fine of 100 million naira or even more, and the directors of the company themselves are liable upon conviction payment of 10 million naira each or imprisonment of six months or both.

“What we have done today is to make sure that they comply with the law. We initially called them to come and defend themselves, but failed to show up. In the long run, they sent a lawyer whom we asked if he was familiar with the facts of the case. He said he wasn’t.

“To unseal the store, they have to make sure that they do what is required to be done.”

The information minister, Mohammed Idris, had recently disclosed that a committee would be set up to address hoarding issues in collaboration with state governors.

He said the move aims to ensure food availability, control prices, and eliminate practices that lead to unnecessary hardship for Nigerians.

Security agencies were instructed to coordinate with governors to combat the hoarding of essential commodities.