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FCCPC survey links rising food prices to insecurity, subsidy removal

The FCCPC noted that it had been conducting fact-finding interactions with traders’ associations and marketers to ascertain factors responsible for the continuous hike in food prices.

Speaking during a tour of some major markets in Lagos State, including Mile 12 International Market, Ketu, and Ilepo Market, on Wednesday, the Head of FCCPC in the state, Mrs Sussie Onwuka, explained that the exercise was a fact-finding mission.

She added that there had been constant complaints by Nigerians about the constant hike in the prices of food commodities in the market, adding that the government was concerned.

“And because of our mandate to protect the consumer and to also advise the government, we have to conduct an investigation and come up with a report that would help the government put good policies in place, so we have to come out to the source and talk to the market executives,” Onwuka said.

She noted that the commission had talked with market people to find out what the real reason for the constant hike was and put up a report.

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