Business
FCCPC investigates Jubaili Brothers, Mikano International Limited, JMG, others over generator importation, manufacture, assembly, distribution
The Federal Competition & Consumer Protection Commission FCCPC has said that it has commence investigation into the role of Jubaili Brothers, Mikano International Limited, JMG in the importation, manufacture and distribution of generators in the Nigerian market. In a statement in Lagos the consumer protection body said “upon credible intelligence and preliminary inquiry has commenced a broad investigation into certain segments of the importation, manufacture, assembly and or distribution of generators. In furtherance of the investigation, the Commission on November 16, 2022 obtained a Search Warrant and Order of the Federal High Court in Case No: FHC/ABJ/CS/2075/2022, after sufficiently convincing the court that there is probable cause and prima facie evidence of infringements of the FCCPA.
“The purpose of the Search Warrant and Order was to secure vital information and evidence from key targets and large industry players whose businesses and practices have been implicated in the intelligence so far procured, and surveillance work already done. The Commission simultaneously executed the Search Warrants on the identified targets has secured certain information from targets of the investigation. The investigation is progressing with forensic analysis, hearings, questioning, and other evidence gathering tools.

“The Commission is keenly interested in receiving feedback or experiences with respect to dealings; or any relevant knowledge of the business or practices of generator sellers or distributors. Particularly, the Commission is interested in any knowledge with respect to pricings, multiple, or duplicitous equipment models, import and or customs clearing practices; and any mutual communication or coordination between companies. Information with respect to the following companies are very material: Jubaili Brothers, Mikano International Limited and JMG. The Commission welcomes information, including anonymously, and will protect the identities of contributors who so request. Where a contributor desires direct engagement, the Commission will provide the same, under secure circumstances, or otherwise at the direction of the contributor.
-
Economy1 day agoNigeria’s Digital Boom needs nuclear power partnerships for long-term success
-
News1 day agoCardoso formally receives Central Bank of the Year Award
-
Uncategorized1 day ago
June 12 Democracy Day declaration not enough, as citizens wallow in pain – ActionAid, FG declares Friday public holiday
-
Finance7 hours agoElon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut
-
Stock Market7 hours agoFG to raise N4trn bond to settle electricity debt
-
Oil and Gas1 day agoNNPC is house of thieves, fraud; Kyari must be arrested dead or alive to account for N210 trillion—Oshiomhole
-
Oil and Gas1 day agoDangote Refinery seeks $1bn private placement ahead of planned listing
-
News1 day agoMiddle East Conflict sends global growth to lowest rate since COVID-19, WBG to Provide up to $100bn for Affected countries over 15 Months—WBG
