The Federal Competition and Consumer Protection Commission is investigating the continuous rise in food prices in Katsina State. The commission on Thursday embarked on fact-finding missions to engage with traders' associations and marketers in Katsina. Usman Shehu Abdulkarim, FCCPC North-West Zonal Coordinator, said the commission's inquiry suggests unfair practices in the food chain, including price gouging and hoarding.
However, the consensus remains that hoarding and foreign demand are major contributors to the current crisis. Consumers, meanwhile, are bearing the brunt of these price increases. Yahaya Mohammed Mashi highlights the struggle for families on fixed incomes to afford basic necessities. He urges the government to take action, including establishing subsidized food outlets, to alleviate the pressure on households.
Food Price Hikes In Katsina
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FCCPC to review increase in price of DStv, GOtv packagesFCCPC has said the recent price increases in MultiChoice cable subscriptions will be looked into by relevant stakeholders.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
FCCPC surveys Bauchi markets to investigate rising consumer goods pricesThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
BON executive secretary faults FCCPC’s decision to review DStv, GOtv ratesYemisi Bamgbose, BON executive secretary, has faulted the decision of FCCPC to review DStv and GOtv subscriptions.
Source: thecableng - 🏆 2. / 80 Read more »
FCCPC plans more raids to stop unfair trade practicesThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
ATCIS, FCCPC wade into Multichoice tariff hikeThe Nation Newspaper ATCIS, FCCPC wade into Multichoice tariff hike
Source: TheNationNews - 🏆 6. / 69 Read more »
Discrimination: FCCPC quizzes owners of Chinese SupermarketOperatives of the Federal Competition and Consumer Protection Commission (FCCPC) have grilled owners of a Chinese supermarket in Abuja over alleged discriminatory practices against Nigerians.
Source: vanguardngrnews - 🏆 5. / 75 Read more »