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FCCPC launches nationwide market investigation over high food prices


The Federal Competition and Consumer Protection Commission, FCCPC, is currently conducting investigations across the country to uncover the reasons for the high cost of food prices in Nigerian markets.

 

This is to enable the commission to provide suggestions to the federal government on how to address the on-going food crisis.

 

The Head of the FCCPC, Lagos Office, SUZZY ONWUKA, recently led a team of investigators to engage with marketers and traders’ associations in Lagos State to understand the reasons behind the on-going increase in food prices.

 

Similarly, in Rivers State, the FCCPC, under the guidance of its South-South Zonal Coordinator, UCHEGBU CHUKWUMA, also conducted fact-finding sessions with traders’ associations and marketers to identify the factors contributing to the continuous rise in food prices.

 

In Lagos, the fact-finding investigation at the Mile 12 International Perishable Market and the Oke-Odo Market in Agbado/Oke-Odo LCDA was described by ONWUKA as a mission to collect first-hand information from key sources and stakeholders. This included engaging with market union leaders, sellers, and consumers in these significant food markets.

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