The Federal Competition and Consumer Protection Commission (FCCPC) says it has discovered anti-free market practices such as price-fixing being perpetrated by importers and sellers of generating sets in Nigeria.
Babatunde Irukera, chief executive officer (CEO), FCCPC, in an interview at the weekend, said through intelligence gathering, FCCPC also saw that some of the companies were equally short-changing the government in payment of duties for imported spare parts.
The FCCPC boss explained that the policy is part of the government’s efforts to address power generation, transmission and distribution deficits in the country for the people to access supply at an affordable price.
