The British American Tobacco Nigeria (BATN) has responded to recent reports regarding the Federal Competition and Consumer Protection Commission (FCCPC) decision and clarified its position.
According to BATN, it previously disclosed the investigation mentioned by the Nigerian Federal Competition and Consumer Protection Commission (FCCPC) in its year-end 2022 Annual Report and most recently in BATN’s Half-Year Report for the six months to 30 June 2023.
BATN explained that In December 2022, the FCCPC entered into a consent order, terminating the mentioned investigation and associated proceedings leading to British American Tobacco (Nigeria) Limited and British American Tobacco Marketing (Nigeria) Limited making payments to settle the penalty.
BAT Nigeria noted that it acknowledged the mentioned monitorship and awareness campaigns and has cooperated fully with the FCCPC’s appointed service providers.
It stated its readiness to remain committed to operating in compliance with the laws of Nigeria.