Hoarders of grains causing inflation of food items – FCCPC

Hoarders of grains causing inflation of food items – FCCPC …C0NTINUE READING HERE >>>

The food inflation presently plaguing the country has been attributed to the hoarding of grains.

The Executive Vice Chairman of the Federal Competition and Consumers Protection Commission, FCCPC, made the submission at a town hall meeting with industry captains, MSMEs, market leaders, farmers, transporters and service providers in Kano.

The FCCPC boss, while addressing the crowd at the Afficent Centre, stated that the commission’s investigators discovered that some unscrupulous produce merchants were mopping up newly harvested grains and stashing them in warehouses to create artificial…

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