Chinese Supermarket sanctioned for discriminating against Nigerians, pricing products in Yen instead of Naira

Date:

Must Read

2027: I never declared intention to contest for presidency – Baba-Ahmed

The Labour Party’s vice-presidential candidate in the 2023 general...

ADC begins constitution review ahead of 2027 elections

The African Democratic Congress (ADC) has intensified preparations for...

Imo ADC records major boost as Ihedioha leads  wave of defections, raises ₦200m

The African Democratic Congress (ADC) in Imo State on...

ADC appoint Imam, Yesufu to lead nationwide membership revalidation, mobilisation

The African Democratic Congress (ADC) has appointed former two-time...

Jonathan still PDP member, offers boost as party gears up for elections – Turaki

The National Chairman of the Peoples Democratic Party (PDP),...

Dr. Adamu Abdullahi, the Acting Executive Vice Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), recently revealed that an Abuja-based Chinese supermarket, which was sealed due to allegations of discrimination against Nigerians, was found to have all its products priced in Chinese yen, a clear violation of Nigerian law.

In an interview with Channels TV, Abdullahi disclosed that the supermarket, located within the China General Chamber of Commerce, was not only discriminating against Nigerians but was also violating the country’s currency regulations. He stated that all products in the supermarket were priced and sold exclusively in yen.

Abdullahi further confirmed that the supermarket was discriminatory in its practices, as it denied entry to Nigerian residents living in the same estate. He emphasized that such practices were against the law in Nigeria, where all products should be sold in the local currency, and businesses should be open to all residents.

The FCCPC has taken action against these violations. The supermarket owner has been instructed to display a notice allowing everyone to shop in the supermarket. Discussions are ongoing to rectify the situation.

However, Abdullahi warned that there would be consequences for such discriminatory practices. The FCCPC plans to impose sanctions on the supermarket, including a fine equivalent to 10% of the company’s sales turnover from the previous year. He stressed that discriminatory behavior leads to consequences, and the commission is prepared to enforce the full extent of the law.

Backstory:

The FCCPC sealed the supermarket on Monday, April 22, 2024, following allegations of discriminatory practices. The commission’s Director for Surveillance and Investigation, Boladale Adeyinka, stated that the action was in response to a viral video alleging discrimination. The supermarket owner has been summoned to appear before the FCCPC, and further regulatory actions may be taken if she fails to comply.

spot_imgspot_imgspot_img

Latest News

logo-nn-news-small
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.