The Federal Competition and Consumer Protection Commission (FCCPC) has officially confirmed that Mikano International Limited has fulfilled all requirements outlined in the Commission's Order and Notice issued on December 16, 2025. This confirmation clears the company from any remaining financial obligations and liabilities tied to the matter.
Discharge Notification
In a formal letter dated February 9, 2026, addressed to the Chief Executive of Mikano International Limited, the FCCPC announced the discharge. The letter, signed by Nsitem Chizenum, Head of Legal Services, on behalf of the Executive Vice-Chairman, stated that Mikano had satisfactorily met the conditions set forth in the earlier directive. The Commission declared, “Mikano is hereby fully discharged of all financial obligations and further liability under the said Order and Notice of the Commission.”
Compliance Framework Requirement
Despite the discharge, the FCCPC has directed Mikano to establish and maintain a robust competition and consumer protection compliance framework within its operations. This mechanism must include, at a minimum, a clearly articulated company-wide policy focused on promoting fair competition, quality assurance, consumer protection, and strict adherence to applicable competition and consumer protection laws and regulations. The Commission emphasized the importance of such measures to prevent future violations.
Adherence to Laws
The FCCPC also urged the company to refrain from any conduct that could violate the provisions of the Federal Competition and Consumer Protection Act (FCCPA) as well as other relevant legislation and guidelines. This directive underscores the Commission's commitment to ensuring long-term compliance and protecting consumer interests in the Nigerian market.
