The Federal Competition and Consumer Protection Commission (FCCPC) has clarified its role in the regulatory landscape, emphasizing that its primary mandate is to oversee competition and consumer protection in Nigeria, rather than acting as a Price Control Board.
The agency announced that its main focus is to advocate for consumer rights, ensuring that goods and services provided in the market adhere to fair practices. This statement aims to address potential misconceptions about the FCCPC’s responsibilities and reaffirm its commitment to safeguarding consumer interests without direct involvement in controlling prices.
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