The Federal Competition and Consumer Protection Commission, on Friday, sealed Sahad Store, a popular supermarket in the Garki area of Abuja.
The FCCPC said the store was sealed for lack of transparency in the way it is fixing prices for products.
This is coming twenty-four hours after President Bola Tinubu unveiled plans to tackle factors responsible for the food crisis across the country.
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The Federal Government in collaboration with state governors had on Thursday agreed to set up a committee to tackle the issue of hoarding of products in the country.
This, Minister of Information and National Orientation, Mohammed Idris, disclosed after the meeting President Bola Tinubu held with governors, heads of Security Agencies and some ministers at the Presidential Villa, Abuja, on Thursday.
Idris, who accused some traders of hoarding food products, stated that the security agencies had been mandated to liaise with governors to tackle the menace.
“Mr. President has agreed to set up a committee to deepen the conversation that has happened at the just-concluded meeting. Of course, you know that it is impossible to complete most of the issues that were raised at the meeting so it is going to be a continuous one.
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“The National Security Adviser, the Director General of the state services, and the Inspector General of Police have been directed to coordinate with the state governors to look at the issue of those hoarding commodities.
“At this point, the nation requires foods to be brought out to the people so that we can control prices and put food on the table of most Nigerians. Other commodity traders are busy hoarding these commodities so that Nigerians will suffer or they will make more money as a result.
“So the governors and Mr. President have taken this decision that security agencies will collaborate with the state governors to ensure that this ends.”
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