LAGOS, Nigeria (VOICE OF NAIJA) – The acting Executive Vice Chairman of the Federal Competition & Consumer Protection Commission (FCCPC), Adamu Abdullahi, said the Abuja Chinese supermarket sealed, tag all its products in Chinese currency.
He disclosed that using Yen currency as a trade on your products ticket in Nigeria, violates the Nigeria law.
Adamu made the revelation during an interview with Channels TV on Sunday.
The commission added that it’s still considering appropriate sanctions to be meted out against the owner of the supermarket, Liu Bei, sealed for not allowing Nigerians to shop at the facility.
He added that the owner has also been mandated to post an open-to-all-customers notice.
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Recall last weekend, a video surfaced online where Nigerians expressed their displeasure on the policy of the supermarket restricting entry solely to Chinese nationals.
The commission acted on the report amidst Nigerians growing concerns of discrimination treatment.
He 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 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, they are not supposed to do so because you are the only provider of the services in the market and abuse your dominant position in the market. And if by chance we confirm that it is what they are doing, we would go by the law and do what we are supposed to do.”