Reps to probe alleged exploitative pricing practices against Nigerian businesses

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A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc

The House of Representatives has resolved to probe the exploitative and predatory pricing practices against Nigerian Businesses by their foreign counterparts operating in the country.

He added that some Nigerian businesses had suffered harsh and unfair competition and business relations with their foreign business counterparts. He noted that this was with the intention of frustrating Air Peace Airlines’ London route operations. He said that the objective of foreign multinationals was to ensure Nigeria remained at their mercy by patronising only their services or exporting crude oil and importing refined ones.

 

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