FCCPC Identifies Grain Hoarders as Key Drivers of Nigeria’s Food Inflation

The Federal Competition and Consumer Protection Commission (FCCPC) has identified grain hoarders as a major factor behind Nigeria’s rising food inflation. According to the FCCPC Executive Vice Chairman, Tunji Bello, investigations revealed that merchants are stockpiling newly harvested grains to create artificial scarcity, thereby inflating food prices. This statement was made during a town hall […]