The Federal Competition & Consumer Protection Commission has said it has mandated the Abuja-based Chinese Supermarket owner to post an open-to-all-customers notice.
The acting Executive Vice Chairman of the commission, Adamu Abdullahi, who confirmed this in an interview with Channels TV on Sunday said all products in the supermarket are labelled as Yen, which is against the law in Nigeria and constitutes a violation of Nigerian law.
The commission added that it’s still considering appropriate sanctions to be meted out against the owner of the supermarket, Liu Bei, sealed for not allowing Nigerians to shop at the facility.
He added that the owner has also been mandated to post an open-to-all-customers notice.
Speaking further, the FCCPC boss said the management of multichoice has submitted a four-page letter to the commission explaining reasons for the recent hike in the price of its products, beginning from May 1, 2024.
He said though the company remains a dominant provider of cable television in the country, the commission will not hesitate to wield its stick if the reasons are not justifiable.
He said, “Also yesterday, we got a four-page letter from Multichoice telling us the reasons for the price increase. What we need to do is bring in the Nigerian Communications Commission, the sector regulatory agency and even the National Broadcasting Commission. we would look at the variables that caused the rise, At a glance, I saw things like the cost of electricity and, the cost of dollars for spare parts. We would go through these items individually and find out how they have affected their operations.”
Last Sunday, Nigerians expressed their displeasure on the policy of the supermarket restricting entry solely to Chinese nationals, excluding Nigerians from patronising the establishment.
This report sparked widespread condemnation as Nigerians voiced their concerns over the discriminatory treatment.
He said, “Yes, she came to the commission in time and we went to the supermarket with her, she opened it and the discoveries were just enormous. The Chinese embassy and Chamber of Commerce were there represented.”