The Federal Competition and Consumer Protection Commission (FCCPC), through Dr. Adamu Abdullahi, its acting Executive Vice Chairman, said the sealed Abuja Chinese supermarket discriminated against Nigerians by pricing all its products in Chinese yen instead of the Nigerian naira.
This was revealed in a recent interview with Channels TV.
“The discovery was significant when our officials visited the supermarket. All the products were labelled in yen, the only currency accepted. This is against Nigerian law. You cannot sell products in foreign currency; everything sold in Nigeria should be in Nigerian currency.
“We also confirmed that they only allowed Chinese people into the supermarket. We have instructed the owner to put up a notice stating that everyone can enter the supermarket and shop. We are discussing with her to rectify the situation,” Abdullahi said.
The FCCPC head further said there would be consequences for such discriminatory practices against Nigerians.
“At the same time, we are also discussing sanctions because a wrong has been done and bad behaviors lead to consequences. We look at our laws, see what the consequences are, and then apply the full wrath of the law.
“There will be fines and then 10 per cent turnover from the company’s last year’s sales,” he said.
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