The Federal Competition and Consumer Protection Commission (FCCPC) has given a one-month moratorium to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods.

The newly appointed Executive Vice Chairman of the FCCPC, TUNJI BELLO, said this at a one-day stakeholders’ engagement on exploitative pricing in Abuja.

He said that the meeting was to address the growing trend of unreasonable pricing of consumer goods and services and the unwholesome practice of market associations

He also said the unwholesome practices including price fixing were threatening the stability of the economy.

According to BELLO, the commission will begin enforcement after the moratorium