30 C
Abuja
Wednesday, October 21, 2020
No menu items!
Home Crime & Society COVID-19: FG charges H-Medix Pharmacy and Stores, 3 others to Court over...

COVID-19: FG charges H-Medix Pharmacy and Stores, 3 others to Court over price hike

- Advertisement -

Federal Government of Nigeria, under the guise of Federal Competition and Consumer Protection Commission (FCCPC), has started the prosecution of stores and companies allegedly taking advantage of the coronavirus situation to stash critical hygienic products and charge exorbitant prices.

The FCCPC, on Tuesday, charged Prince Ebeano Supermarket, H-Medix Pharmacy and Stores, FAXX Stores, and Bakan Gizo Pharmacy to Court for hiking the price cleaning products such as hand sanitizer, face masks and other essential to contain the spread of coronavirus in Nigeria.

The Commission, saddled with protecting the rights of Nigerian consumers, filed a six-count charges against the aforementioned outlets, before Justice N. E Maha of the Federal High Court in Abuja, accusing them of committing offences breaching a myriad of the FCCPC laws.

One of the count reads: “That you mega stores were engaged in making a false representation with the price of sanitizers, hand-wash liquids, and disinfectants of various existing brands at ‘your’ retail outlet and thereby committed an offence contrary to section 125 (1) (a) of the FCCPC Act, 2018.”

H-Medix, which has chains of outlets across Abuja, was particularly accused to have been “exploiting the national public health emergency of COVID-19 pandemic to engage in price gouging”.

Upon arraignment on Tuesday, Counsel to the 1st, 3rd and 4th Defendants, Abubakar Muhammed, pleaded for an adjournment to enable the 2nd Defendant’s lawyer, who is conspicuously absent from Court, represent her within the bound of the law.

The Court, after the Prosecuting counsel, Babatunde Irukera, opposed the application of the Defendants’ Counsel, adjourned to 25th of June 2020 for the arraignment of the defendants and to allow the due representation of the defendants in Court.

Mr Irukera, briefing journalists shortly after the adjournment, said the main offence of the outlets being prosecuted is ‘price gouging’, meaning “taking advantage of a situation to increase prices in a manner that contradicts ordinary business practices or acceptable parameters of profit-and-loss margins”.

Meanwhile, Counsel to the Defendants, said: “We are fully briefed on the details of the alleged offences of the outlets regarding trading.

“The commission, of course, has the power to prosecute and we on our part have made relevant applications and the court has agreed with us by way of giving us adjournment to prepare for the case.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

VIDEO: Rep. Umanah calls on FG to disburse state COVID-19 support funds

The member representing Abak/Etim Ekpo/Ika Federal Constituency in the House of Representatives, Hon. Aniekan Umanah has called on the Federal Government...

Senate Orders probe of mysterious Deaths in Bonny Island of Rivers State

Nigerian Senate, on Tuesday, 9th June 2020, has ordered an immediate probe into the mysterious deaths in Bonny Island of Rivers...

Fed. Ministry of Agric. opens a portal for the empowerment of 2000 OND holders and above in each of the 774 LGAs of Nigeria

The Federal Ministry of Agriculture and Rural Development has opened Portal for Registration and empowerment of 2000 youths in each of...

NDDC PROBE: A senator from Delta State threatens to sue Buhari’s aide for calling him ‘thief’ on social media

The Senator representing Delta North senatorial district in the 9th Nigerian Senate, Senator Peter Nwaoboshi, has threatened via a letter from...