The Federal Competition and Consumer Protection Commission (FCCPC) has confirmed that Mikano International Limited has fully complied with its Order and Notice issued on December 16, 2025, effectively relieving the company of all financial obligations and liabilities related to the case.
In a letter dated February 9, 2026, addressed to the Chief Executive of Mikano International Limited and signed by the Head of Legal Services, Nsitem Chizenum, on behalf of the Executive Vice-Chairman, the Commission stated that the company had met all conditions outlined in the earlier directive.
The FCCPC declared that Mikano has now been “fully discharged of all financial obligations and further liability under the said Order and Notice.”
However, the Commission directed the company to put in place and sustain a comprehensive competition and consumer protection compliance system within its operations.
It stated that the framework must, at a minimum, include a clear company-wide policy promoting fair competition, product quality assurance, consumer protection, and strict adherence to relevant laws and regulatory guidelines.
The Commission further cautioned the company to avoid any practices that could breach the provisions of the Federal Competition and Consumer Protection Act and other applicable regulations.