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FG Reopens Well-Known Abuja Store previously Shut Down For ‘misleading pricing’ 17th February 2024 Sahad Sahad Stores
FG Reopens Well-Known Abuja Store previously Shut Down For ‘misleading pricing’ 17th February 2024 Sahad Sahad Stores....KINDLY READ THE FULL STORY HERE▶
By Ajisafe Olayiwola The Federal Competition and Consumer Protection Commission (FCCPC) has reinstated operations at a prominent Abuja supermarket, Sahad Stores, after its brief closure………CONTINUE READING
The commission had taken action on Friday, February 16, by sealing the stores due to concerns regarding transparency in pricing practices.
According to the commission, Sahad Stores had been displaying lower prices on product shelves while charging higher prices during checkout, leaving customers feeling misled and disadvantaged. The FCCPC labeled this behavior as “violations involving misleading pricing and lack of transparency.”
In a statement issued by the acting Executive Vice Chairman of the commission, Adamu Abdullahi, and obtained by PUNCH Online on Saturday, Abdullahi announced the reopening of the store.
The statement explained, “On February 16, 2024, FCCPC operatives visited Sahad Stores and confirmed through random checks that the deceptive practice did not only continue, but cashiers also charged prices at their discretion, leaving unsuspecting customers vulnerable to unfair pricing.
“Exercising its authority under Section 18(f), the Commission temporarily sealed the premises.
“However, following a mutual understanding and commitment from Sahad Stores to implement transparent pricing practices, the FCCPC reopened the store on February 16, 2024, at about 7 p.m.”
Related News FG working to tackle food crisis, says minister TSA: Reps to sanction MDAs over non-compliance, summon CBN, others FG engages retired military officers to protect highway construction workers The FCCPC emphasized the importance of businesses providing transparent pricing information to enable consumers to make well-informed purchasing decisions, particularly in challenging economic times. It reiterated its dedication to combatting exploitative or misleading practices that undermine consumer rights.
The commission underscored its role in safeguarding consumer rights and deterring deceptive business practices, citing potential penalties for violations outlined in section 115 of the Federal Competition and Consumer Protection Act (FCCPA) 2018, including fines for organizations and imprisonment for directors.
It urged all businesses to adhere to fair and transparent pricing practices to ensure consumer protection and foster a healthy market environment.
Recalling the events leading to the initial closure of the store, the commission mentioned its investigation of Sahad Stores on January 8, 2024, following reports of misleading pricing practices. The investigation revealed discrepancies between displayed and charged prices, violating Section 115 of the FCCPA 2018.
The statement further noted that the commission had summoned specific Sahad Stores staff to discuss corrective measures on February 12, 2024, but they failed to appear without justification, raising concerns about potential violations under Section 33(3) of the FCCPA.
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Transfer Earthquake! Galatasaray Fight To Block Arsenal And Manchester United From Signing Osimhen!.
Galatasaray is intensifying efforts to retain Nigerian striker Victor Osimhen as major European clubs, particularly Arsenal and Manchester United, prepare substantial offers for the star. The Turkish champions previously secured Osimhen on a permanent deal for a record-breaking €75 million. Since his arrival, the 27-year-old has been instrumental in the club’s Super Lig title success and their UEFA Champions League performance, leading Galatasaray to reject a €120 million verbal offer from Atlético Madrid.....KINDLY READ THE FULL STORY HERE▶
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The club is reportedly planning to offer Osimhen the captain’s armband for the 2026/27 season, a move supported by head coach Okan Buruk, who has lauded the striker’s leadership and work ethic.
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If current captain Mauro Icardi departs, Osimhen is expected to take over the iconic No. 9 shirt.
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The club aims to permanently establish his leadership role to demonstrate his high value, despite his previous humility in declining the captaincy during a match to respect senior teammate İlkay Gündoğan.
Competition from the Premier League remains intense:
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Manchester United: New manager Michael Carrick views Osimhen as a priority target, particularly with Joshua Zirkzee expected to exit. The club is reportedly prepared to bid between £110 million and £130 million.
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Arsenal: Manager Mikel Arteta is pursuing the striker, with sporting director Andrea Berta reportedly discussing a potential deal with Galatasaray president Dursun Özbek. The total financial package for this transfer could reach £200 million when including wages and bonuses.
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Chelsea: The club maintains an interest in the player but is currently proceeding with more caution than its rivals.
Osimhen, who is currently the highest-paid player in the history of Turkish football with an annual salary of approximately €15 million, continues to be a central figure in European transfer discussions.
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Passing of Hon. Mohammad Wanzam: The Bauchi State House of Assembly announced the death of Hon. Mohammad Wanzam, the lawmaker representing the Sakwa Constituency, who passed away on Sunday morning. Hon. Wanzam also served as the chairman of the House Committee on Appropriations. The Speaker of the House, Rt. Hon. Abubakar Y. Sulaiman, paid tribute to the late legislator, praising his dedicated service to both his constituency and the state, and expressed prayers for his soul to be granted Aljannatul Firdaus. The funeral prayer for the late lawmaker was scheduled for 11:00 a.m. this Sunday at the Gwallaga Juma’at Mosque in Bauchi.....KINDLY READ THE FULL STORY HERE▶
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Passing of Audu Sule Katagum: Additionally, the former Deputy Governor of Bauchi State, Audu Sule Katagum, has died at the age of 69. He served as deputy governor from 2018 to 2019 under the administration of former Governor Mohammed Abdullahi Abubakar. His passing was confirmed early Saturday by Shamsuddeen Lukman Abubakar, an aide to the former governor.
Tunisia has been officially eliminated from the 2026 FIFA World Cup following a devastating 4-0 loss to Japan in Monterrey on Sunday. This defeat, combined with their earlier 5-1 loss to Sweden, leaves the team with zero points after two matches. With only one group stage game remaining, the Carthage Eagles cannot accumulate enough points to advance to the Round of 32.....KINDLY READ THE FULL STORY HERE▶
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In Philadelphia, Brazil secured a 3-0 victory over Haiti, effectively ending the Caribbean side’s chances of advancing.
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With no points from two matches and a goal difference of minus four, Haiti’s final game against Morocco on June 24 will have no impact on the qualification standings.
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Türkiye’s World Cup journey concluded following a 1-0 defeat to Paraguay at the San Francisco Bay Area Stadium.
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Having lost both of their opening matches, Türkiye remains without a point and is mathematically unable to progress to the knockout stage.
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