• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

FCCPC signs MoU with Shippers’ Council on fair competition in the industry

Justina Mboho by Justina Mboho
January 22, 2022
in Business
Babatunde Irukera
Share on FacebookShare on TwitterShare on Linkedin

Babatunde Irukera, the Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC) has revealed that the Commission has signed a Memorandum of Understanding (MOU) with the Nigerian Shippers Council (NSC) to ensure fair competition among operators in the industry.

Mr. Irukera made this known at a ceremony held in Abuja on Thursday. He said the FCCPC and NSC are partners in making sure that the market operates robustly and consumers are treated fairly, according to the News Agency of Nigeria.

According to the FCCPC boss, when consumers are treated fairly, they tend to patronise over and over again due to the satisfaction derived from the products purchased.

RelatedStories

MultiChoice

MultiChoice and FCCPC seek Appeal Court’s intervention over ‘GOTV, DSTV Price Hike’ in Nigeria 

July 15, 2025
Transmission lines in Cross River, Rivers have been vandalized severally in over 2 months – TCN

Dangote Refinery faults FCCPC’s second attempt to challenge N100 billion import license suit 

July 10, 2025

What they are saying

The FCCPC boss noted that consumption is as much about pricing as it is with disposable income and with satisfaction.

“People are likely to purchase again if they are satisfied and if there is enough money to purchase again, so we are partners in making sure that consumers are treated fairly.

“We share the view that shippers are entitled to fair recompense for the work and service they provide and by the same token, they share the view that the interim payers or the ultimate payers for the service they provide are also entitled to a fair value for money proposition.

“Our work is to find that balance, make sure commerce increases and ensure there are no bottlenecks to commerce.

“We will also ensure that those in the business themselves are not bottlenecks to fairness to the citizens of this country,” the FCCPC boss said.

The Executive Secretary of the NSC, Mr Emmanuel Jime, described the industry as a very sensitive sector of the economy.

Jime said the council was involved in costs’ modulation to the extent that ultimate benefits to the consumers were guaranteed.

“We are sector regulators, we have a common interest and we have to engender a common understanding.

“There is a need to have this kind of partnerships,” Jime said.

The FCCPC had in 2021 executed a judicial search warrant and order of the Federal High Court, to actively investigate potential anti-competitive conducts in the shipping industry.

Tags: FCCPCFederal Competition and Consumer Protection CommissionNigerian Shippers Council
Justina Mboho

Justina Mboho

For further inquiries about this article, contact: Email: justina.mboho@nairametrics.com Twitter: bb_ladyj LinkedIn: Justina Mboho

Related Posts

MultiChoice
Exclusives

MultiChoice and FCCPC seek Appeal Court’s intervention over ‘GOTV, DSTV Price Hike’ in Nigeria 

July 15, 2025
Transmission lines in Cross River, Rivers have been vandalized severally in over 2 months – TCN
Energy

Dangote Refinery faults FCCPC’s second attempt to challenge N100 billion import license suit 

July 10, 2025
FCCPC probes GTBank, MTN and Air Peace over alleged customer rights violations
Breaking News

FCCPC to arraign MultiChoice CEO, Pay TV Directors for allegedly Impeding Investigation

June 24, 2025
Japa: FCCPC seals Visa Application Centre in Abuja over consumer complaint, alleged investigation obstruction 
Business News

Japa: FCCPC seals Visa Application Centre in Abuja over consumer complaint, alleged investigation obstruction 

June 19, 2025
Air Peace
Aviation

FCCPC summons Air Peace over unrefunded tickets on cancelled flights 

June 16, 2025
FCCPC inaugurates Taskforce to seal shops, warehouses containing substandard goods in Abuja 
Legal & Regulations

FCCPC inaugurates Taskforce to seal shops, warehouses containing substandard goods in Abuja 

June 11, 2025
Next Post
BinanceUS to go public in three years – CEO, Changpeng Zhao

Crypto billionaire: Binance founder's wealth drops by $13 billion, now worth $75 billion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • TikTok removes over 3.6 million Nigerian videos in Q1 2025  
  • Superman opens with N133.7 million ticket sales at Nigerian box office
  • WHO, UNICEF warn of rising immunization gaps as nearly 20 million infants missed vaccination in 2024 

Follow us on social media:

Recent News

TikTok

TikTok removes over 3.6 million Nigerian videos in Q1 2025  

July 15, 2025
Superman opens with N133.7 million ticket sales at Nigerian box office

Superman opens with N133.7 million ticket sales at Nigerian box office

July 15, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics