Attempts by some retailers to cash in on the coronavirus by increasing the prices of hand sanitizers and face masks may have been thwarted as Jumia Nigeria has delisted 390 products belonging to 168 sellers of these aforementioned items.
The development followed a warning by FCCPC to sellers against price gouging and arbitrary increases in prices of protective and hygiene products in the wake of the recent outbreak of coronavirus.
The Chief Executive Officer, FCCPC, Babatunde Irukera, had issued the warning in a statement stating: “This unusual and inordinate practice of unreasonably increasing the price of these (protective and hygiene) products in an indiscriminate manner, on account of the national public health concern (Coronavirus) violates both moral codes and extant law,” he said.
The chairwoman, Nigeria and Head of Institutional Affairs, Jumia Group, Juliet Anammah, informed the FCCPC of its action through communication over the weekend.
The communication reads: “390 products belonging to 168 sellers for sanitizers and face masks have been delisted. Unfortunately, this is an ongoing process as sellers can relist products. Thus, we will be doing hourly checks and clean up if necessary.
“We are manually selecting now only SKUs with the best prices to be listed.”
“A further communication has been sent to ALL sellers to notify them that we will delist all SKUs with prices seen to be taking advantage of the situation.
“We also asked the sellers with items delisted to review the prices if they would like to be relisted,” the online retailer said.
“We have identified a seller that we can source from directly – this will ensure that we relist some of the essential items at better prices.
“We have also partnered with Reckitt Benckiser across Africa (manufacturer of sanitizers) to reduce the prices of their products on our site while we take 0% commission on all their sanitizers sold on our site.
“Additionally, since we have millions of consumers on our site and some are searching for “coronavirus” on our site, we can collaborate with you (FCCPC) by ensuring the first result they find when they search for coronavirus is a URL leading to a message from either FCCPC or the Minister of Health. Let me know and we can set it up.”
