WRITTEN BY: CHIOMA MADONNA NDUKWU
The Federal Competition and Consumer Protection Commission (FCCPC) has imposed a hefty fine of $110 million on British American Tobacco Nigeria Limited (BATN) and its affiliated companies for various violations of laws, including the FCCPC Act and the National Tobacco Control Act.
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This fine follows an extensive investigation that began in August 2020 and concluded in late 2023. The companies have entered a consent agreement with the FCCPC, agreeing to pay the stipulated penalty and undergo supervision for 24 months to ensure compliance with competition laws and tobacco control efforts.
