Federal Government Closes Sahad Store in Abuja as Crackdown on Hoarding Begins

Taiwo Ajayi
2 Min Read

Just a day after President Bola Tinubu announced plans to address the factors contributing to the food crisis, the Federal Competition and Consumer Protection Commission (FCCPC) took swift action by sealing Sahad Store, a prominent supermarket in Abuja’s Garki area.

The store’s management was accused of deceiving customers by charging prices higher than those displayed on the shelves. Acting Executive Vice Chairman of FCCPC, Adamu Ahmed Abdullahi, led the enforcement, confirming preliminary findings of price manipulation.

AIHS 2024
AIHS 2024

Abdullahi informed journalists that the store would remain sealed pending further investigation, citing violations of consumer protection laws.

He emphasized the gravity of the offense, highlighting potential fines and penalties for corporate entities and their directors.

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This development follows the government’s commitment, expressed during a recent meeting between President Tinubu, governors, security agency heads, and ministers, to combat food hoarding.

Minister of Information and National Orientation, Mohammed Idris, disclosed plans to establish a committee tasked with addressing the issue and ensuring food accessibility for Nigerians.

Security agencies have been instructed to collaborate with governors in dismantling hoarding networks and ensuring food availability across the nation.

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