close
Sunday, September 1, 2024

I deliberately violated FCCPC due process to help my friend Ibrahim Mikinyawa’s Sahad Stores: VP Shettima

Mr Shettima confessed to obstructing FCCPC’s investigations by contacting the commission’s head to reopen Mr Mijinyawa’s supermarket.

• September 1, 2024

Vice President Kashim Shettima on Saturday admitted he ordered the Federal Competition and Consumer Protection Commission (FCCPC) to immediately reopen Sahad Store, a supermarket owned by his friend, Ibrahim Mijinyawa, after it was shut down for violating pricing regulations.

At the commissioning of Sahad Hospitals in Abuja on Saturday, Mr Shettima confessed to obstructing FCCPC’s investigations by contacting the commission’s head to reopen Mr Mijinyawa’s supermarket shut for customer extortion and lack of transparency in price fixing.

“When the FCCPC locked up his store, I had to call the head of the agency to say, ‘Please, reopen the store before you come and tell me what happened,” Mr Shettima said. “I did so because I know how helpful Sahad Stores is to many Nigerians.”

He added, “He (Alhaji Mijinyawa) is a very good man. He has used his business to touch many lives. If he were a selfish man, he would have kept his money to himself, his children, and grandchildren alone because he has enough to take care of himself till he leaves this world.”

In February, the FCCPC shut down Sahad Stores when its investigations showed that the supermarket was violating the law on pricing amid soaring food prices.

“The Federal Competition and Consumer Protection Commission (FCCPC) conducted an on-the-spot check on Sahad Stores in Abuja on February 16, 2024, leading to the temporary closure of the store due to continued violations involving misleading pricing and lack of transparency,” the commission said in a press release.

It added, “Earlier, on January 8, 2024, the FCCPC investigated Sahad Stores following reports of misleading pricing practices. The investigation revealed that Sahad Stores displayed lower prices on shelves and charged higher prices at checkout, contravening Section 115 of the Federal Competition and Consumer Protection Act (FCCPA) 2018.”

According to the FCCPC, a summons was issued to Sahad Stores’ staff to appear on February 12, 2024, to discuss corrective measures. The staff’s failure to attend without justification raised concerns about potential violations under section 33(3) of the FCCPA.

Meanwhile, the acting executive vice chairman of FCCPC, Adamu Abdullahi, had said in a statement on February 17 that the reopening of the supermarket followed a mutual understanding and commitment from the store to implement transparent pricing practices.

Mr Shettima’s comments give insight into how connections between Nigerian business owners and political figures can lead to legal exemptions and the evasion of accountability.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Oluwadamilola Aderinoye

Port Harcourt

Ex-beauty queen declared wanted for illicit drug dealing surrenders to NDLEA after eight months

NDLEA spokesman Femi Babafemi said in a statement on Sunday that the agency declared the suspect wanted in January after she escaped from her Lekki, Lagos residence.

Nigerian youths

Economy

Nigerian youths must learn to multitask to survive economic hardship: LG Boss

Mr Ayoola said with the current economic realities, parents and guardians should encourage children to embrace vocational training to become entrepreneurs.

Oshiomhole, Obaseki's wife

Heading 1

Edo first lady Obaseki barren, incapable of loving children: Oshiomhole

Mr Oshiomhole asserted that Mrs Obaseki lacked the moral standing to judge APC candidate Monday Okpebholo for not having a wife, given her “childlessness.”

Tramadol used to illustrate the story

Port Harcourt

NDLEA intercepts 31 million tramadol pills, bottles of opioids worth N17.9 billion in Lagos, Port Harcourt

“The following day, Friday, August 30, another set of three containers watch-listed by NDLEA were subjected to joint examination,” Mr Babafemi said.

Accident used to illustrate the story(Credit: Okay.ng)

Lagos

Two children killed, seven injured in Lagos-Abeokuta expressway accident

The FRSC spokesperson added that the injured victims were taken to the General Hospital, Ifo, while the corpses were deposited at the morgue.

Foodstuff

Economy

Experts seek food import policy implementation to check inflation

Some experts called for the full implementation of zero duty on imported food products and local production of refined petroleum products to check the inflation rate.