Nigeria's FCCPC Fines BAT Parties $110 Million for Violations

BAT by 2FIRSTS.ai
Dec.28.2023
Nigeria's FCCPC Fines BAT Parties $110 Million for Violations
Nigeria's FCCPC fines British American Tobacco Nigeria $110 million for violating competition and consumer protection laws.

According to Sahara Reporters on December 27th, the Nigerian Federal Competition and Consumer Protection Commission (FCCPC) has imposed a fine of $110 million on British American Tobacco Nigeria Limited and its subsidiaries (referred to as BAT Parties). The reason for the fine is that they have violated the 2018 Federal Competition and Consumer Protection Act, as well as other related tobacco control regulations and directives.


The committee further indicated that BAT Parties will undergo 24 months of compliance and monitoring under the committee's supervision to ensure their behavior and business practices are adjusted in accordance with existing competition regulations and tobacco control efforts.


The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed its investigation activities from 2020 to 2023, which include reaching a final resolution with British American Tobacco Nigeria Limited (BATN), British American Tobacco Marketing Nigeria Limited (BATMN), British American Tobacco Company, and British American Tobacco (Holdings) Limited (collectively referred to as BAT Parties) for a series of violations of federal competition and consumer protection laws, the National Tobacco Control Act, and various legal documents in 2023.


The FCCPC also stated that further investigations have been conducted based on credible grounds and sufficient evidence. On August 28, 2020, a court issued a search and seizure order against British American Tobacco Nigeria and its affiliated companies (referred to as BAT Parties).


On January 25, 2021, the committee conducted simultaneous searches and seizures at various locations of the BAT Parties and one service provider based on the decision and detention order.


We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Imperial Responds to 2Firsts: Disappointed by FDA Denial of blu Product
Imperial Responds to 2Firsts: Disappointed by FDA Denial of blu Product
2Firsts interviewed Imperial Brands on FDA’s blu denial. ITG Brands responded with disappointment, vowing to pursue a fair, science-based review.
Aug.22
Altria Raises Dividend to $1.06; Annual Payout Ratio Rises to 78%
Altria Raises Dividend to $1.06; Annual Payout Ratio Rises to 78%
U.S. tobacco giant Altria Group, Inc. (NYSE: MO) announced a 3.9% increase to its quarterly dividend, lifting the payout to $1.06 per share and bringing the annualized dividend to $4.24. Investment bank Stifel on August 21 maintained its “Buy” rating and raised its price target from $65 to $72. Backed by strong free cash flow, Altria expects to maintain mid-single-digit dividend growth going forward.
Aug.29 by 2FIRSTS.ai
JTI Ukraine paid approximately US$500 million in taxes in the first half of the year, a year-on-year increase of 75%
JTI Ukraine paid approximately US$500 million in taxes in the first half of the year, a year-on-year increase of 75%
日烟国际乌克兰公司2025年上半年税收同比增长75%,达5亿美元,各税种均有不同程度增长。
Aug.07 by 2FIRSTS.ai
Philippines DTI Orders E-Commerce Platforms to Take Down Illegal E-Cigarettes Within 7 Days or Face Heavy Penalties
Philippines DTI Orders E-Commerce Platforms to Take Down Illegal E-Cigarettes Within 7 Days or Face Heavy Penalties
The Philippines Department of Trade and Industry (DTI) has ordered e-commerce and digital platforms to remove illegal e-cigarette products within seven days, or risk heavy fines and even suspension of operations. These products were found to be in violation of several laws for lacking excise tax stamps or certification marks.
Aug.18 by 2FIRSTS.ai
Vietnam: Hanoi Police Seize 127,000 Illicit E-Cigarette Products Worth USD 1.53 Million         询问 ChatGPT
Vietnam: Hanoi Police Seize 127,000 Illicit E-Cigarette Products Worth USD 1.53 Million 询问 ChatGPT
Hanoi police in Vietnam uncovered a major e-cigarette smuggling case worth approximately USD 1.53 million, seizing around 127,000 illicit products. This is the largest seizure since the country’s e-cigarette ban took effect. Fourteen suspects have been prosecuted for “trafficking prohibited goods.”
Jul.24 by 2FIRSTS.ai
The Indonesian National Narcotics Agency: Will not directly follow Singapore's ban on e-cigarettes; any ban must be based on real data
The Indonesian National Narcotics Agency: Will not directly follow Singapore's ban on e-cigarettes; any ban must be based on real data
The head of Indonesia's National Narcotics Agency stated that whether Indonesia will follow Singapore in banning e-cigarettes requires further research and multi-stakeholder discussions. He noted that some e-cigarettes are being used as a medium for drug delivery, but any ban must be supported by real data.
Aug.26 by 2FIRSTS.ai