Thursday, August 20, 2026

Economic Hardship: Abuja popular supermarket sealed over price fixing

According to the FCCPC executive vice-chairman, they had previously informed the store to come and defend themselves but were ignored.

• February 16, 2024
FCCPC locking Sahad Stores
FCCPC locking Sahad Stores (Credit: Daily Trust)

The federal government sealed off the popular supermarket, Sahad Store, on Friday over price fixing and to clamp down on the issue of hoarding of commodities in the country.

The enforcement was led by Adamu Ahmed Abdullahi, the Federal Competition and Consumer Protection Commission (FCCPC) executive vice-chairman, who accused the store in Garki, Abuja, of shortchanging customers by charging prices other than the price tag at the shelves.

Mr Abdullahi disclosed that FCCPC’s preliminary investigation confirmed that the management of the supermarket has been shortchanging customers and lacks transparency in their price and, as a result, will remain sealed until further investigation has been carried out.

“What we have found out that these people are doing is misleading pricing and lack of transparency in the pricing, which is against Section 115 (3) of the law that says a consumer is not required to pay a price for any good or service higher than the one that’s on display,” Mr Abdullahi said.

He added, “Section 155 states that any corporate person that contravenes is liable to a fine of N100 million or even more and the directors of the company themselves are liable upon conviction payment of N10 million each or imprisonment of six months or both.”

According to the FCCPC executive vice-chairman, the commission had previously informed the store to come and defend themselves but were ignored.

However, in the long run, a lawyer representing the store was sent, who admitted that he wasn’t familiar with the case.

Mr Abdullahi said the commission had sealed the store to ensure they comply with the law and that he would not unseal it until “they do what is required to be done.”

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

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

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.”

AI

States

Tech expert advocates homegrown solutions to local challenges

Mr Abrahams said Nigeria could learn from countries such as India and Singapore.

Cyber experts using networks of computers.

NationWide

Association urges strengthening of AI governance as adoption rises globally 

The chief executive said the initiative would help narrow AI and cybersecurity skills gaps in Nigeria and globally.

Heading 2

214 students sue UNICAL, Tinubu for N5 billion over removal from Law faculty

The case was assigned to Justice Joyce Abdulmalik for adjudication, but no hearing date has been been fixed.

NORTHERN SCHOOLCHILDREN IN CLASS

NationWide

Group rejects  comprehensive sexuality education in schools 

The executive director called on well-meaning Nigerians to collectively protect children by rejecting comprehensive sexuality education.

Manufacturers Association of Nigeria (MAN)

States

MAN preaches ‘Kaduna First’ policy, tax harmonisation to support manufacturers

Mr Kassim said manufacturers remained resilient despite the difficult operating environment.

Ebola outbreak

Africa

Congo’s M23 rebels announce movement restrictions over Ebola concerns

The new measure followed confirmation that two travellers from the government-held town of Lubero tested positive for Ebola in a village under M23 control.