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FCCPC tells market traders to bring down exploitative pricing within one month

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Executive Vice Chairman of the FCCPC, Mr Tunji Bello
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The Federal Competition and Consumer Protection Commission (FCCPC), has given one month moratorium to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods. adsbygoogle || []).push({});
The newly appointed Executive Vice Chairman of the FCCPC, Mr Tunji Bello, said this at a one-day stakeholders engagement on exploitative pricing on Thursday August 29th, 2024 in Abuja.
According to Bello, the Commission will begin enforcement after the moratorium.
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.
Bello gave a description of the Commission’s finding that a fruit blender known as Ninja was being sold at a popular supermarket in Texas for 89 dollars (N140,000.00) but the same product was displayed for N944,999.00 in a supermarket in Victoria Island, Lagos.
Bello wondered the basis for the arbitrary hike in the price of the blender compared to the Texas, United States of America.
He said the unwholesome practices including price fixing was threatening the stability of the economy.
”Under Section 155, violators whether individuals or corporate entities face severe penalties including substantial fines and imprisonment if found guilty by the court..
”This is intended to deter all parties involved in such illicit activities.
”However, our approach today is not punitive. I, therefore, call on all stakeholders to embrace the spirit of patriotism and cooperation.
”It is in this spirit that we are giving a moratorium of one month (September) before the Commission will start firm enforcement, ” he said.
Bello said the government was aware of most of the problems raised by the market stakeholders.
”We have heard and you have genuine issues and government has the responsibility to address the problems but generally, let us talk to ourselves too.
”There are also gang ups to exploit consumers by traders,” he said.
Some of the market stakeholders who spoke at the engagement said that high cost of transportation, insecurity, multiple taxation among others were reasons for the continuous increase in prices of goods and services.
Mr Ifeanyi Okonkwo, the Chairman, National Association of Nigerian Traders, FCT Chapter, said that charges on imported goods at the Ports also contributed to the hike in prices.
Okonkwo appealed to the Commission to set up a taskforce and involve the association in its enforcement.
Mr Emmanuel Odugwu from Kugbo Spare Parts market, said the initial cost of transportation of a trailer load of tyres from Lagos to Abuja was N450,000 but now, it costs over one million naira to transport same.
Ms Kemi Ashiri, the Liaison Manager, Flour Mills, said that fines by regulators needed to be harmonised for businesses to thrive.
Ikenna Ubaka, who spoke on behalf of supermarket owners, alleged that banks’ interest rates to them were over 30 per cent, rent increment and hike in prices by distribution/supply chains were reasons for the high cost of goods.
Ubaka also alleged that electricity distribution companies were charging supermarkets exorbitantly.
Mr Solomon Ukeme who represented Master Bakers Association, said that rapid increment of major ingredients like flour, sugar and butter contributed to the high cost of confectioneries.
He said that a bag of flour formerly sold for N34,000 was now being sold for N74,000.
He said that multiple taxation was also the major cause of the high cost of bread.
The News Agency of Nigeria (NAN) reports that various market associations also attended the engagement.
Source: NAN
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Abdulrahman Obaje
Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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Easter: Nigeria Must Do Better, NGIJ Warns Amid Rising Insecurity

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Nigeria Guild of Investigative Journalists
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By AbdulRahman Obaje

The Nigerian Guild of Investigative Journalists (NGIJ) has issued a strongly worded Easter message, condemning worsening insecurity and demanding urgent action from security chiefs. adsbygoogle || []).push({});

In a statement signed by its National President, Abdulrahman Aliagan, and National Secretary, Rowland Olonishuwa, the Guild said Nigeria must confront its security failures without delay.

The Guild congratulated Christians across Nigeria and the world on the Easter celebration, noting that the season crowns weeks of sacrifice, reflection, and spiritual renewal.

It also acknowledged that Muslims recently concluded Ramadan and celebrated Eid al-Fitr, describing both religious observances as powerful symbols of discipline and devotion.

NGIJ said the overlapping spiritual journeys of Christians and Muslims highlight a shared national lesson on unity and peaceful coexistence.

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However, the Guild warned that the current security reality contradicts those values, as many communities continue to live in utter dread.

It described the recent killings in Jos as a grim reminder of deep cracks within the nation’s security architecture pointing out that the violence goes beyond headlines, insisting that it reflects systemic failure.

NGIJ condemned the bloodshed in the strongest terms possible and criticised what it called the growing helplessness of authorities. It argued that routine condemnations and post-attack visits by the relevant authorities saddled with the responsibility of securing lives and properties no longer satisfy public expectations.

The statement stressed that repeated promises without visible results only deepen public frustration and grief.

NGIJ maintained that every Nigerian deserves safety at home, in places of worship, and in public spaces while stressing that government must treat that responsibility as a non-negotiable duty.

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The Guild urged security chiefs to respond with urgency, intelligence, and clear results. It insisted that those unable to guarantee safety should step aside for more capable leadership.

NGIJ also clarified that its position reflects a moral duty rather than political bias while noting that Easter symbolises sacrifice, accountability, and renewal, adding that real change requires courage and action.

It warned Nigerians against yielding to fear or division despite the tense climate and encouraged citizens to protect unity and resist forces that thrive on chaos.

The Guild reaffirmed its commitment to investigative journalism, promising to pursue truth and hold power accountable. It also pledged to amplify the voices of victims often ignored in national discourse.

NGIJ concluded that hope must translate into action, urging the nation to confront its challenges with urgency.

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Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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NGIJ Targets Stronger Democracy Through Partnership with NILDS

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By AbdulRahman Obaje

The Nigerian Guild of Investigative Journalists (NGIJ) has sought a strategic partnership with the National Institute for Legislative and Democratic Studies (NILDS) to enhance legislative reporting, strengthen democratic accountability, and promote evidence-based journalism in Nigeria. adsbygoogle || []).push({});

The proposal was made during a courtesy visit by the NGIJ delegation, led by its President, Mallam Abdulrahman Aliagan, to the Institute’s headquarters in Abuja.

The Director-General of NILDS, Professor Abubakar O. Suleiman, was represented at the meeting by the Director of Legal Services, Professor Ibrahim Danwanka. Also in attendance were the Special Adviser to the DG on Media, Mr. Muhammad Abdulkadir and the Director of Information, Mr. Emmanuel Atakpo.

Speaking during the visit, Aliagan described the engagement as a strategic step toward building synergy between investigative journalism and legislative research institutions. He commended the leadership of Professor Suleiman for transforming NILDS into a leading centre for legislative studies and democratic governance in Africa.

“This visit is not merely ceremonial—it is deeply strategic. NGIJ and NILDS share a common vision of strengthening democracy, promoting accountability, and deepening good governance in Nigeria,” Aliagan said.

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He explained that while NILDS advances democratic governance through research and legislative capacity development, NGIJ complements these efforts through investigative journalism and public-interest reporting.

Aliagan highlighted the Guild’s activities across the country, particularly its Governance Assessment Visits conducted in Kogi, Bayelsa, Ondo, Kwara, Osun, and Kaduna states, noting that such engagements have improved public discourse and strengthened accountability at the subnational level.

“Our mission is to promote ethical investigative journalism, strengthen transparency in governance, and build capacity for data-driven reporting that connects citizens with democratic institutions,” he said.

The NGIJ President also proposed collaboration in areas such as training on legislative processes, joint research and publications, policy dialogues, data sharing, and fellowship programmes for journalists and researchers.

He further informed the Institute of the Guild’s plan to host the Dele Giwa Memorial Annual Lecture on Investigative Journalism in June as part of activities marking Democracy Day. The Guild requested that Professor Suleiman serve as keynote speaker and sought approval to use NILDS’ auditorium for the event.
“We are confident that your presence and intellectual contribution will greatly enrich the discourse and lend national significance to the event,” Aliagan added.

Responding on behalf of the Director-General, Professor Danwanka welcomed the proposal and described the initiative as timely and beneficial to national development. He commended NGIJ for its commitment to accountability journalism and its recognition of the Institute’s growing impact.
“If there is any institution journalists need to collaborate with, it is NILDS.

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Legislative reporting requires specialised knowledge that many journalists currently lack,” Danwanka said.

He explained that NILDS was established by an Act of Parliament in 2011 and later expanded in 2017 to include broader responsibilities covering democratic institutions and civil society organisations.

According to him, the Institute has grown significantly under Professor Suleiman’s leadership, expanding from four departments to eleven, with increased staff strength and wider national, regional, and continental visibility.

Danwanka noted that NILDS currently provides research and capacity-building support not only to Nigeria’s legislature but also to parliaments across West Africa and other parts of the continent, including Kenya, Zimbabwe, Malawi, Ghana, and Togo.

“Legislature is a specialised field. Even experts from other disciplines must acquire knowledge of its processes to report it accurately. That is where NILDS comes in,” he said.

He assured the NGIJ delegation that all requests presented during the visit, including collaboration proposals, the use of the Institute’s facilities, and the invitation to the DG would be communicated for necessary action.

Danwanka also acknowledged NGIJ’s commendation of the appointment of Mr. Abdulkadir as Special Adviser on Media, describing the recognition as thoughtful and well-deserved.

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The meeting ended with both parties expressing optimism about establishing a formal framework for collaboration, with a shared commitment to strengthening democratic institutions and improving governance through knowledge-driven journalism.

“This engagement marks the beginning of a sustainable partnership that will advance legislative excellence and investigative journalism in Nigeria,” Danwanka said.

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Abdulrahman Obaje
Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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NGIJ urges unity, cautions politicians against divisive rhetoric ahead of 2027

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Nigeria Guild of Investigative Journalists
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The Nigeria Guild of Investigative Journalism (NGIJ) has called on Nigerians to embrace peaceful coexistence and warned political actors against exploiting religious and ethnic divisions as the country gradually approaches the 2027 general elections. adsbygoogle || []).push({}); js">

In a statement issued on Friday to mark the 2026 Eid al-Fitr celebration, and jointly signed by its National President, Malam Abdulrahman Aliagan, and National Secretary, Rowland Olonishuwa, the Guild congratulated Muslim faithful on the successful completion of Ramadan.

The Guild noted that this year’s Ramadan coincided with the Christian Lenten season, describing the alignment as a “rare and powerful symbolism” that underscores shared values across faiths.

According to the statement, both periods called for reflection, sacrifice, discipline, and compassion, stressing that such common ideals should serve as a foundation for national unity.

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“For weeks, across mosques and churches, Nigerians prayed, fasted, gave to the needy, and sought a better version of themselves. If we can endure hardship together in pursuit of spiritual growth, then we can certainly live together in peace,” the Guild said.

However, NGIJ expressed concern over rising tensions in the country, warning that differences are increasingly being weaponised, particularly along religious and ethnic lines.

The Guild emphasised that the lessons of Ramadan and Lent should not end with celebrations but must be reflected in citizens’ daily conduct, urging Nigerians to embrace patience, empathy, and truth in their interactions.

While addressing the political class, the organisation cautioned against early signs of divisive campaigning ahead of the 2027 elections, including the spread of misinformation and fear-based rhetoric.

“We are already seeing early signs of the familiar playbook, divisive rhetoric, calculated misinformation, and appeals to fear rather than reason. That path is dangerous and ultimately destructive,” the statement read.

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NGIJ urged politicians, political parties, and aspirants to focus on issue-based campaigns, particularly on the economy, security, and governance, rather than resorting to identity politics.

It warned that power gained through division could undermine national stability, stressing that Nigeria cannot afford another election cycle that deepens societal fractures.

The Guild also reaffirmed its commitment to accountability and responsible journalism, pledging to continue challenging false narratives and exposing misinformation.

“A peaceful and informed society requires citizens who think critically and reject manipulation,” it added.

The statement concluded by describing Eid al-Fitr as not only a moment of celebration but also a test of collective responsibility, urging Nigerians to choose unity over division in the interest of national progress.

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Abdulrahman Obaje
Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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