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The Federal Competition and Consumer Protection Commission (FCCPC) is contemplating the appropriate penalty for an Abuja-based Chinese supermarket that recently faced backlash for discriminatory practices against Nigerians.
Adamu Abdullahi, the acting Executive Vice Chairman of the FCCPC, disclosed that the potential sanction could include a fine of N10 million or 10% of the supermarket's last year's turnover.
Abdullahi made this known during an appearance on Channels TV, where he confirmed the discrimination allegations against the Chinese supermarket owned by Liu Bei. He stated that the FCCPC's investigation revealed that items in the supermarket were labeled in Yuan, the Chinese currency, and that only Yuan payments were accepted.
Last week, there was widespread condemnation of the supermarket's policy, which restricted entry to Chinese nationals, excluding Nigerians. In response to the public outcry, the FCCPC sealed the supermarket and summoned the owner for questioning.
Following Bei's compliance with the commission's invitation, the supermarket was reopened.
Speaking on the FCCPC’s findings, Abdullahi 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. We discovered that all the products were labelled in Yen and that is the only currency they accept. That is against the law in Nigeria. We don’t sell products in foreign currency. Everything sold in Nigeria should be in its currency.
“And then the issue of discrimination that they only allow Chinese into the supermarket has been confirmed and we have now instructed that she must put up a notice in front of that shop that says everybody can go into the supermarket and shop.
“Also, the issue of Yen and the display of prices: We are discussing with her to put things right.
“At the same time, we are also discussing sanctions because a wrong has been done and bad behaviours lead to consequences. So, we would look at our law and find out what those consequences are and apply them. There is a fine of N10m and then 10 per cent of last year’s turnover for the company but we are still looking at the issues.”
Abduallhi also gave an update on enforcement compliance at the 4u and Sahad stores. He disclosed that the companies involved had realised their mistakes and had ensured 95 per cent compliance with the directives given.
See excerpts of the interview below:
Breaking News: "All Products In the Abuja Chinese Supermarket were Labelled In Yen, they only accepted payment in Chinese Yen and not Naira, and They only allowed Chinese to shop in the market"
— X-Daily (@X_Dailly) April 28, 2024
- FCCPC Confirms that All The Allegations against the Abuja Chinese Supermarket were… pic.twitter.com/IsTOcFIym7
Source: Punch
#Abuja
#FCCPC
#FG
#Nigeria#FG
#Chinese
#Supermarket
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