The Federal Competition in collaboration with the Consumer Protection Commission, on Friday, sealed Sahad Store and supermarket in the Garki area of Abuja.
The FCCPC said the store was sealed for lack of transparency in the way it is fixing prices for products.
The Federal Government has accused the management of Sahad Store of short changing customers by charging prices other than the price tag on the shelves.
The enforcement team was led by FCCPC Acting Executive Vice Chairman, Adamu Ahmed Abdullahi.
While briefing journalists after sealing the store, Abdullahi stated that the Commission’s preliminary investigation revealed that the management of the supermarket was short-changing customers.
The FCCPC noted that the store would remain sealed until the completion of further investigation, saying, “What we have found out is that these people are doing is misleading pricing and lack of transparency in the pricing, which is against Section 115 (3) of the law that says a consumer is not required to pay a price for any good or service higher than the one that’s on display.”
“Section 155 states that any corporate person that contravenes is liable to a fine of 100 million naira or even more and the directors of the company themselves are liable upon conviction for payment of 10 million naira each or imprisonment of six months or both.
“What we have done today is to make sure that they comply with the law. We initially called them to come and defend themselves but they failed to show up. In the long run, they sent a lawyer whom we asked if he was familiar with the facts of the case. He said he wasn’t.
“To unseal the store, they have to make sure that they do what is required to be done
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