Acting executive vice chairman of the Federal Competition and Consumer Protection Commission (FCCPC), Dr. Adamu Abdullahi, has confirmed that the Abuja Chinese supermarket, which was last week sealed for discriminating against Nigerians, priced all its products in Chinese yen instead of the Nigerian naira.
Abdullahi revealed this in a recent interview with Channels TV in Abuja, published on the agency’s YouTube channel yesterday.
The commission sealed the supermarket located within the China General Chamber of Commerce following accusations of discriminatory practices against Nigerians.
Abdullahi said one of the discoveries made in the supermarket was that all pricing was done in yen, which violates Nigerian law.
He also noted that the allegations of discrimination were confirmed as the supermarket only allowed Chinese residents in the estate to enter, excluding Nigerians.
“The discovery was significant when our officials visited the supermarket. All the products were labelled in yen, the only currency accepted. This is against Nigerian law. You cannot sell products in foreign currency; everything sold in Nigeria should be in Nigerian currency.
“We also confirmed that they only allowed Chinese people into the supermarket. We have instructed the owner to put up a notice stating that everyone can enter the supermarket and shop. We are discussing with her to rectify the situation,” Abdullahi said.
The FCCPC boss further said there would be consequences for such discriminatory practices against Nigerians.
He said the commission would not only sanction the supermarket but also ensure that 10 per cent of the turnover from the company’s sales last year would be forfeited as part of the fine imposed on it.
According to him, such behavior leads to consequences, and the commission will ensure that they apply “the full wrath of the law.”
“At the same time, we are also discussing sanctions because a wrong has been done and bad behaviors lead to consequences. We look at our laws, see what the consequences are, and then apply the full wrath of the law.
“There will be fines and then 10 per cent turnover from the company’s last year’s sales,” he said.
