NBC Admits Production Error in Mislabeling Limca Zero-Sugar Variant

The Nigerian Bottling Company Limited (NBC) has admitted to the Competition and Consumer Protection Tribunal that the mislabeling of the zero-sugar variant of Limca Lime-Lemon was caused by a production error at its Abuja factory. The company confirmed to the Federal Competition and Consumer Protection Commission (FCCPC) that the mislabeling was accidental, not deliberate. NBC … Read more

FCCPC: Air Peace Under FCCPC Investigation Over High Ticket Prices, Cancellations

FCCPC Air Peace

The Federal Competition and Consumer Protection Commission (FCCPC) has issued a warning to Air Peace, cautioning the airline against obstructing its ongoing investigation into potential violations of consumer rights, including exploitative ticket pricing and unfair practices. The inquiry, prompted by numerous complaints from passengers, addresses concerns regarding high fares, flight cancellations, and inadequate compensation. EDITOR’S … Read more

DisCos May Force Millions Back To Estimated Billing – Details

Electricity Subsidies

About three million electricity customers in Nigeria risk falling into estimated billing or experiencing power outages for failing to upgrade their prepaid meters, following the expiration of a government policy deadline on November 24, 2024. Reports indicate that nearly half of the 5.9 million metered consumers are affected. EDITOR’S PICKS  Japa: Russia Opens Doors to … Read more

Meter Replacement Violations Will Face Penalties – FCCPC To Ikeja, Eko DisCos

Meter FCCPC Ikeja Eko DisCos

The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning to Ikeja and Eko Electricity Distribution Companies (DisCos), cautioning them against disregarding its directive regarding meter replacements. FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, reaffirmed on Wednesday that the commission’s directive to halt all replacement activities involving Unistar meters remains in force … Read more

We Have No Plan To Control Food Prices In Nigeria – FCCPC

Food Prices In Nigeria

The Federal Competition and Consumer Protection Commission (FCCPC) has denied claims that it plans to regulate food and goods prices in Nigeria. The commission clarified that its role is not to control prices but to ensure fair market practices. This statement followed concerns from the Organised Private Sector and stakeholders about the FCCPC’s recent directive … Read more

Nigerian Govt Mandates Price Cuts, Traders Face Jail Time If Non-Compliant

Food Prices Rice

The Federal Competition and Consumer Protection Commission (FCCPC) has directed traders across the country to reduce the prices of goods. Tunji Bello, the Executive Vice Chairman of the FCCPC, issued the directive on Thursday, granting traders a one-month grace period to comply. EDITOR’S PICKS Police Arrest Man For Allegedly Killing Neighbour’s 4-Year-Old Daughter Misinformation Grinds … Read more

FG Fines Meta $220 Million Over Data Privacy Breaches

FG Fines Meta $220 Million

FG has fined Meta $220 million for data privacy breaches, citing unauthorized data transfers and discriminatory practices.

EKO HOT BLOG reports that President Bola Ahmed Tinubu’s administration has imposed a $220 million fine on Meta, the parent company of Facebook, WhatsApp, and Instagram, over alleged data privacy breaches.

In a press release dated Friday, July 19, the Federal Competition and Consumer Protection Commission (FCCPC) announced that the fine aligns with the provisions of the FCCPA 2018 and the Federal Competition and Consumer Protection (Administrative Penalties) Regulations 2020 (APR).

EDITOR’S PICK

Acting Chief Executive Officer of the FCCPC, Adamu Abdullahi, stated that the commission found Meta guilty of infringing upon the rights of Nigerian data subjects. Meta allegedly denied users the ability to self-determine the unauthorized transfer and sharing of their data and violated cross-border storage regulations.

Meta was also found guilty of engaging in discrimination and disparate treatment, abuse of dominance, and violations of tying and bundling.

“On May 2021, the Federal Competition and Consumer Protection Commission (Commission) based on available evidence and sufficient probable cause, issued an Order and Notice to Show Cause (ONSC) to WhatsApp LLC and Meta Platforms, Inc. (formerly Facebook Inc.),” the FCCPC stated.

FG Fines Meta $220 Million
FG Fines Meta $220 Million

The FCCPC’s report found that Meta violated provisions of the FCCPA and the NDPR (which was in force before the enactment of the NDPA, 2023). The commission has given Meta an opportunity to show reasonable cause why the imposed orders should not be enforced.

“Between May 2021 and December 2023, and over this period of 38 months, a joint investigation by the Commission, and the Nigeria Data Protection Commission (NDPC) into Meta Parties conduct, privacy policies, the operation thereof, and Meta Parties practices have evolved.

FURTHER READING 

“Meta Parties have provided some information/evidence that is in part responsive to document requests and summons under the joint investigation.

“Meta Parties by themselves, and retained counsels have also repeatedly engaged with, and met with investigators and analysts from the Commission, and the NDPC, including as recently as April 4, 2024.

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Tinubu Hits The Stamp Of Approval On Olatunji Bello’s Appointment As FCCPC Executive Vice-Chairman

Tinubu Approves Olatunji Bello’s Appointment

President Tinubu has appointed Olatunji Bello as the new CEO and Executive Vice-Chairman of the FCCPC, subject to Senate confirmation. Eko Hot Blog reports that President Bola Tinubu has approved the appointment of Mr. Olatunji Bello as the new Chief Executive Officer and Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), pending … Read more

Reps Warn Cement Manufacturers Over Price Hikes

Price Of Cement

Reps warned the Cement Manufacturers Association of Nigeria (CMAN) over arbitrary cement price increases. Gaza Gbwefi, chairman of the committee, accused CMAN of using frivolous court injunctions to hinder the investigation. Gbwefi also criticized the FCCPC CEO for inadequate consumer protection. the House of Representatives has issued a stern warning to the Cement Manufacturers Association … Read more

BREAKING: Comestic Surgeon Convicted By Lagos Court Over Client’s Death

Comestic Surgeon Convicted

Comestic Surgeon Convicted By Lagos Court Over Client’s Death. Former FCCPC Director-General, Babatunde Irukera, personally prosecuted Adepoju, expressing pride in conviction FCCPC arraigned Adepoju on five counts for shunning agency summons; justice served after diligent prosecution EKO HOT BLOG reports that according to a report by FIJ, the Federal High Court in Lagos State has rendered … Read more

Loan Sharks’ Days Numbered As FCCPC Targets Apps Harassing Customers

Loan Sharks' Days Numbered As FCCPC Targets Apps Harassing Customers

Harassment of customers by loan apps to be addressed Inter-agency collaboration to block offending platforms Strict measures to protect consumer rights Eko Hot Blog reports that the Federal Competition and Consumer Protection Commission (FCCPC) is taking decisive action against loan apps notorious for harassing customers. Moreover, the commission’s acting chairman, Adamu Abdullahi, revealed the agency’s … Read more

FULL LIST: 16 CBN-Licensed Loan App Companies In Nigeria

Loan App

Digital lending in Nigeria has grown significantly, with licensed loan app companies offering credit facilities. Collaboration between the FCCPC and regulators ensures ethical practices. Sixteen CBN-licensed loan app companies operate in Nigeria, providing diverse financial services. EKO HOT BLOG reports that the digital lending landscape in Nigeria has witnessed significant growth, with an array of licensed … Read more

BREAKING: FG Raids Abuja Chinese Supermarket Over Discrimination Against Nigerians

Eko Hot Blog reports that officials of the Federal Competition and Consumer Protection Commission (FCCPC) on Monday raided the Chinese supermarket in Abuja, which allegedly prevents Nigerians from shopping from it. This follows the outrage from Nigerians on Sunday who took to social media to condemn the management of the Abuja-based Chinese supermarket denying Nigerians … Read more

Price Wars: Naira Counterattack And FG’s Bid To Address Escalating Prices

In recent weeks, the Naira has staged an impressive comeback against the United States Dollar, soaring by over N700 from N1,800 to its current N1,020 rate. This remarkable resurgence is attributed to the strategic policies implemented by the Cardoso-led Central Bank of Nigeria, which has effectively bolstered the Naira’s position against the dollar. Editor’s Picks  … Read more

FG Cracks Down On Abuja Supermarkets For Price Inflation, Plans Nationwide Raids

food prices

FCCPC launches enforcement exercise targeting supermarkets nationwide to combat abnormal price surges. Unannounced inspections aim to address consumer concerns about rising food costs despite the strengthening naira. Presidency directs consumer protection agencies to ensure local prices reflect the increasing value of the national currency. EKO HOT BLOG reports that the Federal Competition and Consumer Protection Commission … Read more

Fight Price Hike! Report Exploiting Traders – FG Tells Nigerians

Price Hike

FCCPC warns businesses against unjustified price hikes. Price gouging and manipulating supply to inflate prices are illegal in Nigeria. Nigerians are urged to report unfair trade practices to FCCPC with details for investigation. EKO HOT BLOG reports that the Federal Competition and Consumer Protection Commission (FCCPC) is urging Nigerians to report any cases of unjustified price … Read more

N50 Million Campaign Fee– Dino Melaye Drags Kogi Govt To FCCPC

Eko Hot Blog reports that the Peoples Democratic Party’s candidate for Kogi State Governorship election, Senator Dino Melaye, has dragged the Kogi State government to the Federal Competition and Consumer Protection Commission (FCCPC) over what he describes as an outrageous cost of placing campaign adverts in the state. The FCCPC operates within the Federal Ministry … Read more

FG Approves 173 Loan Apps, Cracks Down On Unlawful Cyber Banks [Check If Your Bank Is Affected]

Buhari

FG has given the nod to 173 loan apps. FG has also banned illegal online banks operating in the country. Loans companies without the FCCPC’s approval will be removed from Google Play Store. EKO HOT BLOG reports that the Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the … Read more

FG Shuts Illegal Online Banks (Check If Your Bank Is Affected)

FG shut down some illegal financial institutions operating on Opebi Road, Ikeja, Lagos. The raid, the FCCPC said, was in response to customers’ complaints of malpractices by the financial institutions. EKO HOT BLOG reports that the Federal Competition Consumer Protection Commission, in collaboration with other sisters agency on Friday, raided some illegal financial institutions operating … Read more