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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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Akpabio Camp Row Deepens As APC Chieftain Rejects Suspension Report.
A chieftain of the All Progressives Congress (APC) in Akwa Ibom State, Chief Edet Ben, has denied involvement in the alleged suspension of Mr. Eseme Eyiboh, Special Adviser to the Senate President on Media and Publicity, from the party in Ward 9, Esit Eket Local Government Area.....KINDLY READ THE FULL STORY HERE▶
Ben, who serves as an Ex-Officio member of the party in Ward 9, threatened legal action against those behind what he described as the forgery of his name and signature on documents claiming Eyiboh’s suspension.
In a sworn court affidavit, Ben described the purported suspension process as fraudulent and non-existent.
He stated that no meeting was held on April 22 to discuss or approve any disciplinary measures against Eyiboh or any other party member, adding that he neither attended nor endorsed such proceedings.
Ben also alleged that his name and signature were falsely inserted into an attendance list linked to the alleged suspension exercise.
He subsequently disowned both the attendance document and the suspension letter reportedly sent to APC leadership at the chapter and state levels.
In his notice, Ben demanded the immediate removal of his name from the documents, a public retraction, and an end to any unauthorised use of his identity.
He warned that failure to comply within 24 hours would result in legal action.
The controversy follows an announcement by a faction within the ward claiming Eyiboh had been suspended over alleged anti-party activities.
Meanwhile, a grassroots political group, Ward Nine New Era (WNNE), has strongly condemned the move, describing it as malicious, baseless, and invalid.
The group argued that the action appeared targeted at a key political figure who had recently mobilised grassroots support for major APC leaders, including President Bola Tinubu, Senate President Godswill Akpabio, and Governor Umo Eno.
WNNE also questioned the legitimacy of the ward executives behind the move and insisted that due process was not followed.
The group urged party members and the public to disregard the suspension, maintaining that it lacked credibility and legal standing.
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2027: Association Throws Weight Behind Tinubu’s Re-election Bid.
Members of the Integrated Association of Consolidated Wood, Planks and Material Sellers have embarked on a solidarity walk in support of President Bola Ahmed Tinubu’s re-election bid.....KINDLY READ THE FULL STORY HERE▶
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FUTO VC Commends Tinubu, Uzodimma For Driving Education Reforms
The newly appointed Vice Chancellor of the Federal University of Technology, Owerri (FUTO), Prof. Ikechukwu Nosike Dozie, has praised President Bola Ahmed Tinubu and Imo State Governor Hope Uzodimma for what he described as ongoing transformation in Nigeria’s education sector.....KINDLY READ THE FULL STORY HERE▶
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