Skip to content
August 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • We’re committed to prevent exploitation of consumers in Nigeria – FCCPC
  • National News

We’re committed to prevent exploitation of consumers in Nigeria – FCCPC

Admin April 19, 2021
consumers

April 19, 2021

The Federal Competition and Consumer Protection Commission (FCCPC) has reiterated its commitment to ensuring fairness in commerce and market place, as well as preventing the exploitation of consumers.

Its Executive Vice Chairman, Mr. Bababtunde Irukera, made the commitment in an interview with the News Agency of Nigeria (NAN) on Monday in Lagos while speaking on the nature of complaints that could be prosecuted by the FCCPC and the challenges facing the commission.

The FCCPC is formerly known as the Consumer Protection Council (CPC) and the CPC Act which was its enabling statue has now been repealed and replaced with the FCCP Act, 2018.

Irukera said that the FCCPC was not primarily a law enforcement agency, but a regulator which possesses law enforcement powers.

“Prosecutions and imprisonment is not the primary goal in general regulation and compliance.

“Our primary role is to ensure that commerce and the market place is fair, as well as prevent exploitation of consumers,” he said.

He said that in doing that it was conceivable that the criminal justice process would play a role.

“The Commission, pursuant to Section 17(a) of the FCCP ACT, can enforce any enactment for the protection of consumers and in ensuring competition.

“This means that other pieces of legislation and subsidiary legislation which have provisions for competition and consumer protection may be enforced to the limited extent that the clauses sought to be enforced are related or for the purpose of consumer protection or competition.

“Also, Section 113(2) empowers the commission to either prosecute by itself, or refer to the Attorney-General for prosecution of violations of provisions of the FCCP Act.

“As such, the combination of these provisions shows that the commission may prosecute criminal violation that violates the FCCP Act or other enactments, for the protection of consumers and ensuring fair competition,” he said.

On some of the challenges facing the commission, he said that like the general challenges in the legal process, there was the usual problem of length of time in deciding cases.

Irukera also said that there was also a shortage of litigation lawyers in the commission.

He, however, said that the commission was hopeful that there would be an increase in the talent pool and capacity to prosecute cases, as well as fulfill the commission’s mandate efficiently. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Bababtunde Irukera CPC FCCPC

Post navigation

Previous LASG says rail project to gulp over ₦100bn, accuses PDP of not giving RoW for Red Light Rail 
Next LASG resuscitates sanitation competition amongst LGs/LCDAs, sets up Assessment Committee

Related Stories

Obi faults attacks on Catholic Bishops, urges Tinubu to embrace constructive criticism
  • National News

Obi faults attacks on Catholic Bishops, urges Tinubu to embrace constructive criticism

August 6, 2026
LAWMA crackdown: Yaba traders plead for reopening of sealed shops managing director
  • National News

LAWMA crackdown: Yaba traders plead for reopening of sealed shops

August 5, 2026
NANS issues 72-hour ultimatum to Ogun Govt. over abducted students june 12
  • National News

NANS issues 72-hour ultimatum to Ogun Govt. over abducted students

August 5, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

N11bn suspected fraudulent transactions made us freeze Osun state account: EFCC Scammers
  • Crime and Justice

N11bn suspected fraudulent transactions made us freeze Osun state account: EFCC

August 6, 2026
Largest rescue operation in history excites Tinubu; 308 victims now free
  • Crime and Justice

Largest rescue operation in history excites Tinubu; 308 victims now free

August 6, 2026
Tinubu’s policy reforms responsible for strong corporate results: Presidency
  • Business & Economy

Tinubu’s policy reforms responsible for strong corporate results: Presidency

August 6, 2026
Obi faults attacks on Catholic Bishops, urges Tinubu to embrace constructive criticism
  • National News

Obi faults attacks on Catholic Bishops, urges Tinubu to embrace constructive criticism

August 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.