Environmental rights, initiatives, and development of Foundation (Fenrad) are advocate organizations that support democracy and environmental rights. The organization violently criticized the Federal Competition and Consumer Protection Committee (FCCPC) to a monthly suspension sales of sellers who raised the price of goods. It means that the price reduction cannot be achieved through force.
The organization clarified in response to the statement of Tunji Bello, executive vice chairman of FCCPC, and clarified that it opposed huge profits, extortion or any other improper transactions against the poor Nigerian, but said government policy would push up inflation. Turning around and initiating a law for those who are in a low -efficiency response to the same government in the same government.
The organization’s executive director Nnanna NWAFOR stated in the statement that the federal government’s focus should be placed on the economic policy that caused price conflicts rather than competitive pricing at that time.
He said: “Remember, President Tinu” canceled “gasoline subsidies within three months of his office and floated Nara to try to unify the foreign exchange window. Less than a year after taking office, the president canceled his energy for energy. Subsidies have a negative impact on energy security relying on oil.
The report pointed out that Nala could not bear the impact of fluctuations in the foreign exchange market, and in August 2024, the exchange rate against the US dollar fell by about 35.53%.
Envartel claimed that only relying on pallians could not solve the problem of the country’s difficulties and prices rising. He urged the government to solve the increasingly worseless problem, so that the displaced communities and farmers could enter the farm and start farming.
He suggested that FCCPC should not threaten traders, but implements policies that are conducive to economic, and naturally reduce commodity prices.
