Grain hoarders, smugglers behind food items price hike – Nigerian Govt …C0NTINUE READING HERE >>>
The Federal Government, through the Competition and Consumer Protection Commission, FCCPC, has said grain hoarders and smugglers are responsible for the persistent hike in food prices in Nigeria.
The Executive Vice Chairman of FCCPC, Tunji Bello, made this known at a town hall meeting with industry leaders, micro, small and medium enterprises, MSMEs, market heads, farmers, transporters, and service providers on Wednesday in Kano.
Bello said FCCPC investigators had discovered that some grain merchants were stockpiling newly harvested grains in warehouses to create artificial scarcity,…
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