Something About Tunji Bello, by Emeka Obasi

Tunji Bello has assumed leadership of the Federal Competition and Consumer Protection Commission (FCCPC) in Nigeria, aiming to confront what the article terms "petrol bandits" who exploit market forces. Since taking office as Chief Executive Officer/Vice Chairman in June 2024, Bello has brought renewed attention to the FCCPC, an agency sometimes overlooked.

The move comes at a critical time for Nigeria's economy, particularly following President Bola Tinubu's removal of fuel subsidies in May 2023. This decision led to a significant increase in petrol prices, from below 200 naira per liter to nearly 1000 naira at its peak, with market forces cited as the reason for the price hikes.

The article draws a parallel between Bello's current role and historical instances where individuals have taken decisive action against perceived exploitation, referencing Dora Akunyili's efforts against fake drugs. It suggests that Bello, with his background as a "combatant with the pen" during his time as a journalist and an activist at the University of Ibadan, is well-equipped to challenge entrenched interests.

Bello's prior experience includes serving as Special Aide to Chief Moshood Abiola and later transitioning into regulation, notably as Managing Director of the Lagos State Signage and Advertising Agency (LASAA). His appointment to the FCCPC is framed as a significant regulatory challenge, particularly in an environment where "Voodoo Economists" may offer narratives that obscure underlying issues.