FCCPC’s Executive Vice Chairman/CEO, Babatunde Irukera
By Miriam Humbe
Pursuant to Section 17 (p) and (y) of the Federal Competition and Consumer Protection Act, 2018, the Federal Competition and Consumer Protection Commission, (Commission) welcomed the first internationally branded resort in Nigeria, Curio Collection by Hilton.
A statement signed by the FCCPC’s Management said that the resort was under a Branding and Management Agreement known as Koko Beach Resort.
FCCPC said that although to open imminently, this demonstrated confidence in Nigeria, her market and potential, as well as Hilton’s partner on this project, Outposts Investment Limited, all affirmed the market as a preferred destination for a broad range of investments.
These investments included tourism and a robust and stable regulatory environment that ensured a level playing field/fair play and an abiding commitment to prioritizing consumers.
In accordance with the Federal Competition and Consumer Protection Act, 2018, the Commission therefore, encouraged industry to develop and enforce standards to safeguard the interest of consumers.
FCCPC said that this partnership and branding by a global and respected brand and manager provided reasonable expectations and presumptions of international standards of quality, safety and satisfactory services.
The Commission congratulated all Parties and looked forward to welcoming other industry players and the provision of innovation, choices and superior services to consumers in Nigeria.
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