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Wednesday, May 1
“The commission has directed its operatives to intensify monitoring of both formal and informal markets, where businesses may be taking advantage of market conditions to unfairly inflate prices, and ramp up enforcement activities.
This effort aligns with the commission’s pledge to protect consumers amidst the increasing costs of goods and services despite the recent appreciation of theNaira against the dollar.
“The operatives will work collaboratively with trade associations, farmer groups, and other stakeholders to identify and remove unnecessary barriers to entry in various sectors, combat price-fixing, and dismantle cartels..
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