The Federal Competition and Consumer Protection Commission has slammed the Lagos State University for banning the sale of bread on its campus apart from the loaves produced by the institution’s bakery. It said the LASU declaration violated the competition act.
The FCCPC warned the school against promoting unhealthy competition in bread sales on its campus.
According to the executive vice-chairman of FCCPC, Babatunde Irukera, monopolising bread sales on the university’s premises violates the competition law under the FCCPA.
He added that the university management was not exempted from the law.
“I am afraid this presents a potential violation of competition law. Under the FCCPA, it’s an offence to limit competition in this manner. LASU is not exempted because governments are also subject when they engage in commerce. I assume this statement doesn’t convey what it says,” Mr Irukera tweeted.
On Wednesday, LASU posted online a picture of the vice-chancellor, Ibiyemi Olatunji-Bell, holding branded bread from LASU bakery.
The school announced the opening of the new bakery and warned that “LASU bread will henceforth be the only bread on the university’s main campus, Ojo.”
The university tweeted via @LASUOfficial, “Accolades for the VC, Prof. Ibiyemi Olatunji-Bello, mni, as LASU Bakery opens for business. The bakery is part of her administration’s drive to increase IGR. The LASU Bread will henceforth be the only bread on the university’s main campus, Ojo.”
