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    Kano Anti-Corruption Commission Summons Flour Dealers, Bakers Over Bread Price Hike

    Platform Times NewspaperBy Platform Times NewspaperJuly 25, 2024 Business No Comments2 Mins Read
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    The Kano State Public Complaint and Anti-Corruption Commission (PCACC) has summoned key stakeholders in the flour and baking industries. 

    The Commission has called upon dealers of flour at the Singer market and the chairman of the Association of Master Bakers & Caterers of Nigeria to explain the recent hike in bread prices.

    This action comes in response to numerous complaints from consumers about the increasing cost of bread, despite the stable price of flour in the market. 

    The Commission, in a letter signed by its Chairman, Barrister Muhuyi Magaji Rimingado, stated that the summons is in line with the provisions of sections 9 and 15 of the Kano State Public Complaint and Anti-Corruption Commission Law 2008 (as amended).

    The Commission emphasized the importance of hearing from both sides to understand the factors contributing to the price hike.

    According to the letter, the flour dealers and the executive members of the Association of Master Bakers & Caterers of Nigeria are expected to provide explanations and clarify the situation.

     The Commission is utilizing its powers under section 31 of its enabling law to investigate the matter thoroughly.

    The rise in bread prices has been a contentious issue in Kano, affecting many residents who rely on the staple food. 

    The PCACC’s intervention reflects the government’s commitment to protecting consumer interests and ensuring fair market practices. 

    The outcome of this inquiry could lead to regulatory measures aimed at stabilizing prices and preventing unjustified increases in essential goods.

    This development highlights the ongoing challenges in Nigeria’s food supply chain, particularly in the context of economic pressures and inflation. The PCACC’s actions may set a precedent for other states facing similar issues, as they work to balance the interests of businesses and consumers. 

    The Commission’s findings will be closely watched, as they could have broader implications for market regulation and consumer protection in the region.

     

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    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

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