The federal government through the Federal Competition and Consumer Protection Commission (FCCPC) has sealed a supermarket named Sahad Stores Supermarket in Abuja
The store was sealed 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
Sahad store was sealed during an enforcement exercise at Garki 2 in the nation’s capital on Friday.
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