FCCPC: All products in Abuja “Chinese Supermarket” carried price tags in Chinese currency

Hamilton Nwosa
Writer

Ad

Army confirms killing of four soldiers by Boko Haram in deadly midnight raid on Borno

By Obinna Uballa Four Nigerian soldiers have been confirmed dead and five others injured after Boko Haram terrorists launched a fierce midnight attack on a military base in Ngamdu, along the Damaturu–Maiduguri Road in Kaga Local Government Area of Borno State. The assault, which occurred around 2:30 a.m. on Friday, was met with stiff resistance…

Super Eagles Keep World Cup Dream Alive with Crucial 2–1 Win Over Lesotho

By Obinna Uballa Nigeria’s Super Eagles revived their hopes of qualifying for the 2026 FIFA World Cup with a determined 2–1 victory over Lesotho on Friday, a much-needed result that keeps them in contention ahead of the final round of qualifiers. After a cagey and goalless first half, captain William Troost-Ekong broke the deadlock in…

Oil Drops Below $60 on Gaza Ceasefire

WTI crude fell below $60 per barrel as easing Middle East tensions and weak China–U.S. sentiment erased much of oil’s geopolitical risk premium. Friday, October 10, 2025 The relatively successful implementation of the Israel-Gaza ceasefire deal has lowered geopolitical risk premiums in oil futures and sent front-month ICE Brent prices below $64 per barrel. The…

Ad

The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed that all the products in the Abuja-based Chinese Supermarket carried price tags in Yuan – the Chinese official currency.

The acting Executive Vice Chairman of the commission, Adamu Abdullahi, made this disclosure in an interview with Channels TV on Sunday, April 28.

The Chinese supermarket policy is against the law in Nigeria and implies a violation of Nigerian law, the FCCPC said.

The commission said it was still considering appropriate sanctions to be meted out to the owner of the supermarket, Liu Bei, for not allowing Nigerians to shop at the facility.

Mr Abdullahi added that the owner had also been mandated to post an open-to-all-customers notice.

Recall that Nigerians, last Sunday, kicked over the policy of the supermarket restricting entry solely to Chinese nationals.

The report elicited widespread condemnation, as Nigerians voiced their concerns over the discriminatory treatment.

Abdullahi said: “Yes, she (Liu Bei) came to the commission in time and we went to the supermarket with her; she opened it and the discoveries were just enormous.

“The Chinese embassy and Chamber of Commerce were there represented.

“We discovered that all the products were labelled in Yuan and that is the only currency they accept.

“That is against the law in Nigeria. We don’t sell products in foreign currency. Everything sold in Nigeria should be in its currency.

“And then, the issue of discrimination, that they only allow Chinese into the supermarket has been confirmed.

“We have now instructed that she must put up a notice in front of that shop that says, everybody can go into the supermarket and shop.

“Also the issue of Yuan and the display of prices. We are discussing with her to put things right.”

Mr Abdullahi added: “At the same time, we are also discussing sanctions because a wrong has been done and bad behaviours lead to consequences.

“So, we would look at our law and find out what those consequences are and apply them.”

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp