- The Public Complaint and Anti-Corruption Commission in Kano clarifies the reasons behind sealing warehouses suspected of hoarding essential supplies
- Chairman Muhyi Magaji highlights the proactive approach, engaging traders before the crackdown, contributing to price stabilization across Kano
In a recent development, the Public Complaint and Anti-Corruption Commission in Kano State has shed light on the rationale behind sealing warehouses suspected of stockpiling crucial supplies.
Muhyi Magaji, the commission’s chairman, addressed the issue on Channels TV, articulating the positive outcomes of their actions.
“The surge in food prices has sparked significant concerns among Kano residents, prompting our intervention,” stated Magaji during the interview.
Citing past successful interventions during the COVID-19 pandemic, Magaji emphasized the proactive nature of their approach.
“Prior to the crackdown, we engaged with traders and issued warnings about our intentions to curb hoarding,” he disclosed. “This preemptive measure has notably contributed to price stabilization across Kano.”
Highlighting the legal basis for their actions, Magaji underscored that hoarding constitutes a criminal offense under the Price Control Act of 1976.
“According to Nigerian law, hoarding essential commodities is illegal, and as a commission, we operate within the bounds of the law,” he affirmed.
The commission’s swift response to public concerns reflects its commitment to ensuring fair market practices and addressing inflationary pressures in Kano State.