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FG Uncovers Cartel Behind High Cost of Goods

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The Federal Competition and Consumer Protection Commission (FCCPC), has raised concerns about a ‘cartel’ that is manipulating market prices across Nigeria, inflating costs for goods and services despite government stabilization efforts.

The  FCCPC Chief Executive Officer, Tunji Bello revealed that the commission’s investigations in major cities have uncovered troubling practices in several sectors.

At a parley in Uyo, Akwa Ibom State, Bello highlighted how influential players are dictating prices, severely impacting smaller producers in the poultry sector.

He explained that the entry of two major market players has allowed them to control 80 to 90 percent of the sector, using their financial clout to mandate that day-old chicks be sold at ₦1,350, contradicting the economic principle of lower prices with increased production.

Bello emphasized that this manipulation is why prices remain high despite various government interventions to support poultry farmers, including the provision of broilers, vitamins, feeds, and cash.

The FCCPC CEO also pointed to exploitative pricing in the packaging sector, citing a cartel of five dominant players responsible for importing and supplying packaging materials.

He described their operations as “mafia-like,” with players coordinating to ensure uniform pricing.

Regarding the lack of sanctions, Bello explained that the FCCPC initially opts for dialogue before enforcing the law, which carries severe penalties including hefty fines and jail terms.

To alleviate the economic burden on consumers, Bello noted that President Bola Tinubu has introduced several relief measures, such as the removal of tariffs on food imports, VAT on pharmaceuticals and medical devices, tax waivers for businesses and public transport, and facilitating easy credit for converting vehicles from petrol to CNG.

Bello urged the business community in Akwa Ibom to collaborate with the FCCPC to tackle exploitative pricing and promote market integrity, stating that it is only fair for businesses to share the benefits of these government measures with consumers through reduced prices.

Abuja Reports

Zuba: Commuters, Residents Protest Lack of U Turn, Halt Construction Work

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By Samson Adeyanju

Frustrated commuters and residents on Today staged a protest over the absence of a nearby U turn on the newly constructed road in Zuba, Abuja, describing the situation as a source of severe hardship for drivers and pedestrians.

The protesters, comprising young and old, carried placards and blocked sections of the road, demanding immediate government intervention to address what they described as unnecessary suffering caused by the road design.

According to the protesters, motorists are forced to drive long distances before finding a point to turn to the opposite lane, while pedestrians struggle to cross the busy road because the designated pedestrian crossing is located far from the area near the popular fruit market.

They said the situation has created heavy congestion involving vehicles, commercial motorcycles, drivers, traders, motor parks and nearby filling stations.

While the demonstrators acknowledged the efforts of the government in constructing the new road, they insisted that the absence of a nearby U turn has placed commuters under serious pressure.

Some protesters temporarily halted construction activities, confronting workers on site and demanding that authorities urgently create a turning point to ease movement.

One of the protesters said the demonstration was meant to draw the attention of the government to the daily challenges faced by residents.

However, not all residents supported the protest. Some argued that introducing a U turn in the area could increase the risk of accidents due to the heavy traffic around the market.

As of the time of filing this report, tensions remained high as road workers attempted to resume barricading work on the road, while protesters continued to voice their grievances.

Observers warned that the situation could escalate if authorities fail to address the concerns or deploy security personnel to maintain order.

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Abuja Reports

FCT Varsity to Begin Operations Soon, Wike Assures

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By Patrick Idowu

The Minister of the Federal Capital Territory, Nyesom Wike, has assured residents that the FCT University of Science and Technology, Abaji (FUSTA), will begin operations under the administration of Bola Ahmed Tinubu.

Wike gave the assurance in Abaji during a visit to appreciate residents for supporting the President’s candidates in the February 21 FCT Area Council elections.

He said the FCT Administration has already commenced the development of infrastructure and other critical facilities required for the university’s take-off.

The minister urged residents to remain patient, emphasizing that President Tinubu is committed to ensuring the university becomes a reality during his tenure.

“From our conversations, we see how important this university is not only to the people of Abaji but to all residents of the FCT. It will create jobs and open up the Abaji community to further development. I will be proud to be the one to officially open the university for operations,” he said.

Wike explained that his visit was primarily to thank residents for fulfilling their promise to support the President, stressing the importance of reciprocating goodwill.

Describing politics as a “game of give and take,” the minister added that the era of empty promises is over.

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Abuja Reports

ASP Justina Amah Emerges Star Performer, Wins Gold, Silver, Bronze

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By Samson Adeyanju

ASP Justina Amah of the Nigeria Police Force has emerged as the star performer at the February 2026 Delta Police Games, clinching a gold medal, a silver, and a bronze, further cementing her reputation as one of the Force’s top athletes.

Hailing from Ozalla in Igboetiti LGA, Enugu State, ASP Amah has consistently elevated the Nigeria Police Force through her sporting prowess.

Over the years, she has amassed an impressive collection of medals, including 8 gold in Karate, 4 gold in other sports, 8 silver, and 8 bronze, showcasing her versatility and dedication.

Beyond her achievements on the field, ASP Justina is widely recognized for her discipline and professionalism.

In 2023, she was honoured as the Ica & Sons Books Most Disciplined Police Woman in Camp, reflecting her exemplary conduct both on duty and in her community.

Observers and colleagues have called for her to receive special recognition and promotion, noting that her accomplishments not only bring glory to the Police Force but also serve as an inspiration to aspiring athletes and officers nationwide.

ASP Justina Amah’s journey highlights the power of talent, commitment, and perseverance in achieving excellence.

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