Sacked-FCCPC boss confident employees will fight for fair markets

Bisola David
Bisola David
Sacked-FCCPC boss confident employees will fight for fair markets

A recent and notable achievement was the imposing of a $110 million penalty on British American Tobacco Nigeria for violating the FCCPC Act.

The former executive vice chairman of the Federal Competition and Consumer Protection Commission, Babatunde Irukera, stated that he left an outstanding staff at the agency to work for the cause of fair markets.

Irukera also expressed gratitude for the time and chance to serve the country in a post on X on Monday.

“I am grateful for the opportunity to have served the incredibly vibrant and loyal Nigerian citizens/consumers.” They deserve a better deal.

“I leave behind a strong Institutional advocate in the FCCPC, and an outstanding team of soldiers who work there daily for the cause of fair markets.”

President Bola Ahmed Tinubu fired the FCCPC boss and the Director-General of the Bureau of Public Enterprises, Alexander Ayoola Okoh, on Monday.

The president, through his special adviser on media and publicity, Ajuri Ngelale, said in a statement that the dismissal is in line with the government’s plans to restructure and reposition critical Federal Government agencies towards protecting the rights of Nigerian consumers and providing a strong foundation for enhanced contributions to the nation’s economy by key growth-enabling institutions.

However, under Irukera’s leadership, the FCCPC has achieved significant milestones and strategic interventions in a variety of sectors, including but not limited to healthcare, digital banking, electricity, and aviation.

Irukera stated last year that the commission has a five-year track record of zero losses in legal proceedings.

The FCCPC, led by Irukera, has also garnered many awards for outstanding service.

Among the notable achievements of Irukera’s FCCPC, the imposition of a $110 million penalty on British American Tobacco Nigeria Limited for violations of the FCCPC Act, among other infractions, is the most recent and possibly the most eye-catching.


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