Barrister Muhyi Magaji, Chairman of the Kano Public Complaint and Anti-Corruption Commission (PCACC), made a resolute declaration during a press briefing at the commission’s headquarters in Kano regarding the surge in prices of goods across the nation. He asserted that the commission would take decisive action against individuals found to be hoarding essential commodities.
Those who engage in hoarding essential commodities should desist,” Barrister Muhyi Magaji declared. “The PCACC will swing into action and will not watch businessmen hoarding commodities. We know there is the issue of forex, but those that hoard goods, even if the Federal Ministry of Commerce does not act, we will seize hoarded goods and take the owner to court.”
Expressing concern over the rampant hoarding and inflationary pressures, Barrister Muhyi Magaji emphasized the commission’s determination to fulfill its mandate. “We are overwhelmed; this is the most essential part of our job,” he remarked, underscoring the gravity of the situation.
Highlighting the proactive stance of the Kano Government, Barrister Muhyi Magaji outlined recent efforts to address the crisis. “We have inspected rice mills and its 58 thousand Naira at the company’s price,” he disclosed. However, he also acknowledged that beyond forex and government policies, certain business practices exacerbate the situation.
The announcement comes amid escalating concerns over the affordability and accessibility of essential goods, with prices soaring nationwide. The PCACC’s commitment to curbing hoarding and ensuring market transparency reflects a concerted effort to mitigate the economic challenges faced by consumers.
As the commission prepares to enforce stringent measures against hoarding, stakeholders anticipate a renewed focus on accountability and fair business practices in the marketplace. The resolve to seize hoarded goods and pursue legal action against offenders underscores the government’s determination to safeguard the interests of its citizens amidst economic uncertainties.
