price reduction

  1. FCCPC Warns Traders: One Month to Slash Prices or Face Penalties

    Nigeria FCCPC Warns Traders: One Month to Slash Prices or Face Penalties

    The FCCPC has given traders and market stakeholders a one-month deadline to reduce inflated prices. The directive follows widespread complaints about exploitative pricing practices. Market stakeholders cite high transportation costs, multiple taxes, and other factors as challenges. The public...
  2. Naira Gains: Nigerians Demand Immediate Price Reduction In Goods and Services

    Nigeria Naira Gains: Nigerians Demand Immediate Price Reduction In Goods and Services

    In response to the fluctuating dollar exchange rate, Nigerians are expressing frustration over the reluctance of sellers to immediately reduce prices despite the recent decrease in the value of the dollar. The sentiment stems from the observation that when the dollar surges, sellers swiftly...
  3. Industry Deal: Cement Producers to Reduce Prices, Attach Condition

    Nigeria Industry Deal: Cement Producers to Reduce Prices, Attach Condition

    In a significant development for the construction sector, cement manufacturers have agreed to reduce the price of their product from N10,000 to a range between N7,000 and N8,000 per 50kg, subject to certain conditions set by the Federal Government. The decision was reached during a meeting...
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