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However, it is our collective duty to work together for reasonable pricing,” Bello added, noting that while the FCCPC Act allows for penalties, the commission is prioritizing dialogue “in the spirit of democracy.” Bello also pointed out other unethical behaviors, such as price fixing and the imposition of entry fees by market associations, which are contributing to inflationary pressures.
“Some of these unscrupulous actors, without concern for the impact on fellow citizens, go as far as smuggling hoarded food across the borders to sell at higher prices, further threatening national food security,” Bello stated.
“President Tinubu is attentive to the people’s needs and is willing to take additional steps to alleviate the hardships caused by ongoing economic reforms,” he said..
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