•Calls for more action from FCCPC in price regulation
Dike Onwuamaeze
The Lagos Chamber of Commerce and Industry (LCCI) has declared that Nigeria is emerging as one of Africa’s top performers in the attraction of Foreign Direct Investment (FDI), despite the geopolitical uncertainty bedevilling the global economy.
The declaration was made yesterday by President of LCCI, Mr. Leye Kupoluyi, in his address on the “State of the Economy”.
Kupoluyi also called on the Federal Competition and Consumer Protection Commission (FCCPC) “to be more vigilant on the price regulatory environment because we have had cases where oil marketers raised pump prices in line with international crude oil prices, but held on to current prices when international prices fell”.
