Social

FCCPC Raids Abuja Markets for Deceptive Packaging, Unfair Pricing

The Federal Competition and Consumer Protection Commission (FCCPC) has launched a surprise raid on the Utako Market, Abuja, sealing at least 10 shops accused of deceptive packaging and unfair pricing of rice.

 

The operation targeted a suspected cartel allegedly repackaging locally produced rice and fraudulently marketing it as imported brands, capitalizing on consumer preference for foreign varieties.

 

Led by FCCPC’s Director of Surveillance and Investigations, Mrs. Boladale Adeyinka, the raid forms part of a broader enforcement drive against practices that exploit consumers and undermine market integrity. The operation focused specifically on the market’s foodstuff section, conducting a comprehensive inspection of rice vendors.

 

The commission discovered a particularly concerning trend: the continued sale of “Royal Stallion Rice” – a foreign brand that ceased production in Nigeria over a decade ago – being misrepresented as an imported product.

 

This deceptive practice highlights the lengths to which some traders will go to profit from the persistent demand for foreign rice amongst Nigerian consumers.

 

“We received reports from brand owners that their products are no longer in the Nigerian market. For instance, the Royal Stallion exited Nigeria over 10 years ago,” Adeyinka explained to journalists at the scene.

 

She emphasized that the strong consumer preference for imported rice, despite its limited availability, has created a lucrative opportunity for unscrupulous traders to exploit the market.

 

“Because of the demand for foreign rice, some market cartels have resorted to rebagging local rice and selling it as imported. This practice is not only exploitative but also infringes on consumer rights and undermines economic integrity,” Adeyinka stated.

 

 

While the immediate focus of the raid was the deceptive repackaging, the FCCPC’s action also signals a broader concern over unfair pricing practices within the market. The commission’s mandate includes ensuring fair competition, and the sudden surge in rice prices in recent months has drawn scrutiny from both consumers and regulatory bodies.

 

While the specific pricing violations in the sealed shops were not detailed, the operation suggests that the FCCPC is investigating potential price gouging alongside the issue of fraudulent labeling.

 

 

The FCCPC has warned that the raid on Utako Market is just the beginning of a sustained enforcement drive.

 

Adeyinka stated that the commission is committed to protecting consumers and maintaining the integrity of goods sold in the market.

 

“This enforcement will be sustained. Those found guilty will face administrative penalties and fines to serve as a deterrent to others,” she stressed.

Victoria otonyemeba

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Social

What’s Next in Tinubu’s Progressive Strides

President Bola Ahmed Tinubu is widely recognized for implementing bold and transformative policies aimed at national development. This was one
Entertainment Foreign News Social

Nigeria’s Inflation Drop: A Testament to Policy Reforms and Resilience

There are encouraging clues of recovery within Nigeria’s economy due to headline inflation having dropped significantly from 34.80% in December