The Federal Competition and Consumer Protection Commission (FCCPC) has reaffirmed its commitment to curbing exploitative pricing practices across Nigeria.

The FCCPC made this known while addressing growing concerns within the Organised Private Sector and among various stakeholders in the country.

In a Tuesday statement by its Director of Special Duties (Strategic Communication), ONDAJE IJAGWU, the commission urged businesses to cease price gouging and price fixing practices, which have become increasingly prevalent in Nigeria’s challenging economic climate.

The FCCPC emphasised that its mandate is to protect consumers from unfair and deceptive practices while ensuring healthy competition across all sectors.