FCCPC and Shippers’ Council meet again to promotes fairness, incentivises commerce and fair competition among industry operators

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The Federal Competition and Consumer Protection Commission (FCCPC) again meet NSC few months after the two governments agencies signed a memorandum of understanding (MoU) with the Nigerian Shippers’ Council (NSC) to ensure that operators and consumers are fairly treated in the industry, OBSERVERSTIMES report

Babatunde Irukera, FCCPC’s chief executive officer, said Managing a port system that promotes fairness, incentivises commerce, expands the economy and results in shared prosperity; and at the same time encourages the country’s non-oil export that’s your role, that the move would remove bottlenecks and increase effective commerce in the industry.

He expressed optimism that the agreement would soon be operational.

According to Emmanuel Jime, executive secretary of NSC the Joint (FCCPC & NSC) Implementation Committee shall continue to be guided by the provisions of the agreement and ensure that both agencies get the best from this cooperation for the interest of the port system and the nation at large.

OBSERVERSTIMES recall that the FCCPC had in 2021 executed a judicial search warrant and order of the federal high court, to actively investigate potential anti-competitive conducts in the shipping industry.

 

 

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