On Wednesday in Abuja, the Federal Competition and Consumer Protection Commission (FCCPC) launched a Joint Market Monitoring Taskforce (JMMT) aimed at overseeing the prices of goods in various markets and safeguarding consumers from hazardous products.
During his speech at the event, Mr. Tunji Bello, the Commission’s EVC/CEO, stated that the event highlights FCCPC’s dedication and determination to shield Nigerian consumers from dangerous and unsafe products while fostering competitiveness among businesses in Nigeria.
Represented by Director Surveillance and Investigations, Mrs. Boladale Adeyinka, he noted that it is no news that Nigerian markets are flooded with fake, counterfeit, and substandard consumer products that are not fit for intended purposes and also unsafe or injurious to consumer welfare.
Section 17 (m) (1) (g) (p) (r) (s) (t) of the FCCPA mandates the Commission to seek ways and means of removing hazardous and unsafe products from our markets, eliminate obnoxious and unscrupulous business and marketing practices that are deceptive, unfair and misleading, including anti-competitive practices that substantially prevent or lessen competition in our markets.
About The Author
