The Federal Competition and Consumer Protection Commission (FCCPC) has identified hoarders of grains as major contributors to Nigeria’s food inflation. At a town hall meeting in Kano, Executive Vice Chairman/CEO Tunji Bello stated that investigators found unscrupulous produce merchants mop up newly harvested grains, creating artificial scarcity and endangering national food security. “Without caring for the consequences of their action on fellow countrymen and women, some of these unscrupulous actors go as far as taking some of the food items they had mopped up from the farmers or the markets…
Read MoreHoarders Contributing To Food Inflation — FCCPC
