FCCPC Reveals Real Reasons Behind Sahad Stores Closure

The Federal Competition and Consumer Protection Commission (FCCPC) disclosed detailed findings on Saturday regarding the temporary closure of Sahad Stores, a prominent Abuja shopping mall, on Friday. The FCCPC cited persistent “misleading” or “deceptive” pricing practices at the store’s Garki branch as the reason for the closure.

Acting CEO Adamu Abdullahi stated that the agency initiated an investigation into all Sahad Stores branches in Abuja on January 8, following numerous complaints about alleged deceptive pricing practices. After confirming the violations at the Garki branch, the store was summoned on February 12 to discuss corrective measures, but officials failed to appear without justification.

On February 16, FCCPC operatives visited Sahad Stores and found that deceptive pricing continued, with cashiers arbitrarily charging prices. Acting under Section 18(f), the Commission temporarily sealed the premises. Following mutual commitments from Sahad Stores to implement transparent pricing practices, the store was reopened on February 16 at 7:00 PM.

Businesses are urged to uphold fair and transparent pricing practices, empowering consumers to make informed decisions. The FCCPC remains steadfast in combating exploitative practices that undermine consumer rights, as outlined in the FCCPA, which includes penalties for violations. The agency encourages businesses to adhere to fair practices for consumer protection and a healthy market environment.