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Popular Store Sealed In Abuja For Price Gouging

The store was sealed during an enforcement exercise at Garki 2 in the nation's capital on Friday.


FCCPC officials are seen sealing a popular store in Abuja.

 

The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the Sahad Stores Supermarket in Abuja for price gouging.

Price gouging is the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair

 

 

The store was sealed during an enforcement exercise at Garki 2 in the nation’s capital on Friday.

 

The enforcement team leader, Adamu Abdullahi, who is the acting Executive Vice Chairman of the agency, said businesses participating in activities contributing to price gouging in the food chain sector are now warned to desist immediately or face the full force of the law.

See more photos from the sealing below:

More to follow…