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Nigeria's NOA warns traders against hoarding food and raising prices during Ramadan and Lent, calling it unethical and harmful.
The National Orientation Agency (NOA) has warned Nigerian traders against hoarding essential foods and inflating prices during Ramadan and Lent, citing reports of artificial scarcity harming consumers.
Director-General Lanre Issa-Onilu condemned the practice as economically harmful and unethical, stressing that fair pricing is both a patriotic duty and moral obligation during these spiritually significant periods.
The agency urged trade groups to enforce ethical conduct and pledged ongoing monitoring and public awareness campaigns to promote responsible commerce and protect vulnerable populations.
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La NOA de Nigeria advierte a los comerciantes contra el acaparamiento de alimentos y el aumento de los precios durante el Ramadán y la Cuaresma, llamándolo poco ético y dañino.