NONYE SOLUDO HIGHLIGHTS SPORTS AS A TOOL FOR YOUTH CHARACTER DEVELOPMENT. (PHOTO).

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 Nonye Soludo highlights sports as a tool for youth character development Wife of the Anambra State Governor, Dr Nonye Soludo, has described sports as a powerful tool for character formation and social inclusion among youths in the society. Soludo made the assertion, yesterday, in Awka while flagging off the 2nd edition of the Nonye Soludo Volleyball Championship. The group stage of the championship will be concluded today, while the final will be decided on Saturday. She said the competition was aimed at promoting youth development, teamwork, and healthy competition through sports. She further explained that the tournament is part of efforts to positively engage young people, discover talents and encourage discipline and unity among youths in the state. “This competition will also serve as a platform for nurturing future volleyball stars. I encourage our youths to take the tournament seriously because sports remains a powerful tool for character building and social inclusion,” she...
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NIGERIAN AGENCY, FCCPC ORDERS SUPERMARKETS TO PUT PRICES OB DISPLAYED PRODUCT. (PHOTO).

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 Nigerian Agency, FCCPC Orders Supermarkets To Put Prices On Displayed Product 


The Federal Competition and Consumer Protection Commission has ordered supermarkets to put prices on their displayed products.


This is in a bid to ensure that customers are not exploited.


This was disclosed in a statement signed by the FCCPC Chief Executive Officer, Tunji Bello on Monday.


According to the statement, it became important to prevent customers from being ‘ambushed’.


“Already, the Commission has mandated the operators of supermarkets to visibly display the prices of products displayed on their shelves to shoppers for transparency and avoid an ambush situation where they only get to know of the prices after payment would have been made at the counter and receipt issued,” it said.


The FCCPC also revealed plans to engage market leaders in tackling issues of exploitative prices of goods.


The commission noted that its decision was pursuant to Sections 17(1) (s),116 (2),124,125,138 and 155 of the Federal Competition and Consumer Protection Act (FCCPA) 2018.


Bello said, “While it is recognized that the exchange rate has impacted the value of the Naira, it is however observed that prices charged are, in most cases, disproportionate for imported products and excessive for locally produced ones.


“This unfair practice is prevalent in the retail segment of the distribution chain where some market associations are engaged in price fixing at the expense of consumers,” it said.


 


Nigeria is experiencing a surge in the cost of goods and essential items, sparking growing concerns among citizens. The escalating prices have been attributed to the country's soaring inflation rate, which has exceeded 34%, with food inflation reaching a staggering 40%. 


This trend has raised alarms about the increasing cost of living and its impact on the economy.

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