Poultry Price Manipulation Unveiled: FCCPC’s Stand Against Cartels
The Executive Vice Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), Babatunde Irukera, has accused poultry and packaging cartels of manipulating prices in Nigeria.
According to Irukera, these cartels have been involved in price-fixing activities, which negatively impact consumers and contribute to the rising cost of poultry products and other related items.
Irukera’s comments come amid concerns over food inflation and the cost of living in Nigeria.
The FCCPC is reportedly taking steps to investigate these practices and ensure fair competition in the market.
Irukera emphasized the commission’s commitment to protecting consumers and maintaining market integrity, urging the public to report any suspicious pricing behaviors.