PRESIDENT TINUBU TO EMBARK ON A THREE-NATION TRIP. (PHOTO). #PRESS RELEASE.

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STATEHOUSE PRESS RELEASE   PRESIDENT TINUBU TO EMBARK ON A THREE-NATION TRIP   President Bola Ahmed Tinubu will depart Abuja on Saturday, May 2nd, on a visit to Kenya, Rwanda and France.   President Tinubu’s first stop will be in France, after which he will depart for Nairobi, Kenya, to attend the Africa-France Summit scheduled to begin next week.   Co-chaired by President Emmanuel Macron and President William Ruto, the summit focuses on energy transition, green industrialisation, digital transformation, restructuring of global financing architecture, and climate action.   President Tinubu’s participation at the summit from May 11th to May 12th. will underscore Nigeria’s unwavering commitment to strengthening strategic partnerships with African nations and the French Republic.   The summit, with the theme  - "Africa Forward: Africa-France Partnerships for Innovation and Growth" -  will provide a high-level platform for African leaders and their Fr...

NIGERIAN GOVT REOPENS SAHAD STORES. (PHOTO).


 Nigerian govt reopens Sahad Stores


The Federal Competition and Consumer Protection Commission, FCCPC, has reopened the head office of Sahad Supermarket, previously sealed for customer extortion and lack of transparency in price fixing.


In a statement on Saturday in Abuja, the Acting Executive Vice Chairman of FCCPC, Dr Adamu Abdullahi, said the reopening followed a mutual understanding and commitment from the store to implement transparent pricing practices.


According to him, the commission was aware that similar practices might be happening at other Fast-Moving Consumer Goods, FMCG, outlets nationwide.


He admonished supermarkets or outlets engaging in customer extortion to desist from such practices immediately to avoid consequences.


“Businesses are expected to display transparent pricing information to empower consumers to make informed purchasing decisions, especially during challenging economic times.


“The FCCPC remains committed to combating all forms of exploitative or misleading practices that undermine consumer rights,” he said.


The commission had sealed the supermarket on Friday for customer extortion and lack of transparency in prices.

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