#FCCPC (formerly CPC) is the leading competition & consumer protection agency of the Federal Government of Nigeria. Call us on +2348056002020 or +2348056003030
Pursuant to S.17,18 & 163 of the Federal Competition and Consumer Protection Act 2018, FCCPC hereby issues the Merger Review Regulations 2020 with ancillary instruments to govern the notification and review of mergers under Part XII of the FCCPA.
https://t.co/DStK7tVQXM
RELEASE: FCCPC takes enforcement action against Peachville Platinum Estate Limited over N140 million property complaint
The Federal Competition and Consumer Protection Commission (FCCPC) has taken enforcement action against Peachville Platinum Estate Limited after the company failed to comply with a Compliance Notice issued in connection with a consumer complaint over the alleged non-delivery of a N140 million property in Abuja.
During the enforcement exercise conducted on Thursday, a team from the Commission, led by Marvin Nadah, sealed the company’s headquarters located along Airport Road, alongside its management office situated at Peachville Gardens, opposite Games Village.
The complaint concerns a four bedroom detached duplex with boys’ quarters at Peach Ville Estate, Phase II, Kukwaba District, Abuja. The complainant told the Commission that they paid the full purchase price in August 2025 after the company assured them that it would hand over the property upon completion of payment. According to the complainant, the property remained unfinished and was never handed over.
The Commission investigated the complaint and gave both parties an opportunity to present their accounts. The company said the parties had agreed, at a meeting at the Federal Capital Territory Administration, that it would hand over the property by August 2026. The company did not provide documents to support its account of the agreement.
The Commission convened further proceedings and summoned the company to provide additional information. The company’s responses failed to satisfactorily address the issues the Commission raised. Its representatives also declined to sign the witness statements required to conclude the hearing.
The Commission issued a Compliance Notice on 17 August 2026 under section 150 of the Federal Competition and Consumer Protection Act, 2018. The company received the notice on 19 August 2026. After confirming that the company had failed to comply within the stipulated period, the Commission took enforcement action under section 150(4)(a) of the Act.
Commenting on the action, the Executive Vice Chairman and Chief Executive Officer of the FCCPC, Mr. Tunji Bello, said, “For many Nigerians, buying a home involves years of savings. When a developer accepts payment and commits to a handover date, the buyer is entitled to rely on that commitment. If delays arise, the developer should explain them promptly and give the buyer a realistic timetable.
“The Commission gave both parties an opportunity to be heard. Once the Commission issues a Compliance Notice, the business is required to take the steps set out in it within the specified period. Where a business fails to comply, the Commission will take the enforcement action provided for by law.”
Daily Independent, Babangida Foundation, others honour FCCPC
*Name Commission ‘Agency of the Year’
The Federal Competition and Consumer Protection Commission (FCCPC) is attracting more plaudits from media organisations and industry stakeholders for its “exemplary work” in promoting fair competition and championing consumers rights in 2026.
The scrolls of honour came from Daily Independent Newspaper, NaijaTimes, Aisha Ibrahim Babangida Foundation and BrandXchange.
Presenting the award of “Institutional Integrity & Public Service Award” to Mr Tunji Bello, FCCPC Executive Vice Chancellor/CEO, at a brief ceremony in Abuja today, NaijaTimes Publisher/Editor-In-Chief, Mr Ehi Braimah, said the honour was in recognition of the commission’s role “in advancing consumer welfare, promoting competitive markets and encouraging responsible business conduct across Nigeria’s economic landscape”.
NaijaTimes is published by NaijaTimes Journalism Foundation.
Braimah was accompanied to the ceremony by Mr James Akpadem, the Editorial Board Chairman of NaijaTimes, and Mr. Toby Prince, the editor.
Responding, Mr Bello thanked NaijaTimes for the honour, assuring that it would serve as an incentive for the Commission to rededicate itself to its vision and mission.
“We are encouraged that our work is attracting attention and recognition from different quarters. For us, what counts more is the difference we make in the lives of consumers and in the integrity of the marketplace. These recognitions challenge us to do more, strengthen our resolve and remain focused on building markets where businesses can compete fairly and consumers are treated justly,” Bello said.
On hand to support Bello at the event held at FCCPC corporate headquarters in Abuja was Mr. Louis Odion (FCCPC Executive Commissioner of Operations), Hajia Ummusalma Isiaku Rabiu (FCCPC Executive Commissioner of Corporate Services), as well as all the directors of the Commission.
Also announced today is the nomination of FCCPC for the “Regulator of the Year 2026” by Daily Independent newspapers.
The newspaper saluted the Commission for its “doggedness” in pursuing its mandate.
Earlier in the week, the Women Enterprise Alliance under the auspices of the Aisha Babangida Foundation shortlisted FCCPC for the award of the “Regulatory Body of the Year Award”.
In the citation, the body stated that the honour is to celebrate “not only the Commission’s regulatory mandate, but also the broader impact of effective regulation in strengthening enterprise confidence, market participation and sustainable economic development.”
In its own release, BrandXchange said the award of “Citizen-centric MDA of the Year (Federal)” in 2026 to FCCPC was in “recognition of your exemplary service, outstanding achievements, and unwavering commitment to excellence.”
Ondaje Ijagwu
Director, Corporate Affairs
@NigeriaGov@NGRSenate@HouseNGR@LeadershipNGA@NigeriaStories@ARISEtv@instablog9ja@channelstv@TheNationNews@legitngnews@thecableng@daily_trust@DailyPostNGR@lindaikeji
⚡ Lagos Electricity Consumers, Your Voice Matters!
Are you facing issues with estimated billing, metering, transformer faults, illegal disconnection or poor customer service? Here’s your opportunity to be heard!
Join the FCCPC Electricity Consumer Forum for an opportunity to present your complaints and get on-the-spot responses.
📅 October 29–30, 2026
⏰ 9:00 AM daily
📍 The Zone, Plot 9, Gbagada-Oshodi Expressway, beside UPS Office, Lagos.
Come forward. Speak up. Let’s protect your consumer rights! ��
#FCCPC #ConsumerRights #ElectricityConsumers #ConsumerProtection
PUBLIC ADVISORY: MANDATORY LABELLING OF MANUFACTURED GOODS FOR CONSUMER INFORMATION
Pursuant to Sections 17(p),(w),(x), 114, 116, 123 and 125 of the
Federal Competition and Consumer Protection Act (FCCPA), 2018
Wednesday, August 19, 2026: The Federal Competition and Consumer Protection Commission (FCCPC) has observed with serious concern the increasing circulation, distribution, and sale of consumer goods that do not comply with prevailing standards and regulations governing product labelling.
Market surveillance, routine inspections, and quality assurance activities have revealed products bearing misleading or deceptive information, as well as products without production dates, expiry or best-before dates, batch numbers, manufacturer details, ingredient lists, allergen information, country of origin, and other mandatory labelling information.
As empowered by the Act, the Commission is mandated to promote consumer safety by ensuring strict adherence to labelling requirements in line with applicable standards set by competent regulatory authorities, including the Standards Organisation of Nigeria (SON), the National Agency for Food and Drug Administration and Control (NAFDAC), among others.`
Deceptive, incomplete, or misleading product labelling violates consumers’ right to the information required to make informed purchasing decisions and may expose them to significant health, safety, and economic risks.
Accordingly, the Commission directs all manufacturers, importers, distributors, and retailers to immediately review their inventories and withdraw from sale any consumer goods that do not comply with applicable labelling requirements. Businesses that continue to distribute or sell non-compliant products risk appropriate regulatory enforcement action.
In light of the foregoing, consumers are advised to carefully examine product labels before purchase and avoid products with missing, illegible, altered, misrepresented, or poor-quality labels, as well as those bearing false claims or misleading information. Suspected cases of non-compliance should be reported promptly through the Commission’s official complaint channels
The FCCPC will continue to strengthen nationwide market surveillance and enforcement activities in collaboration with relevant regulatory authorities to ensure compliance and enhance consumer protection.
Signed:
Management
@NigeriaGov@NGRPresident@NGRSenate@HouseNGR@fmitiofficial@SONNigeria@NafdacAgency