British American Tobacco (BAT) has said that it is committed to operation in compliance with Nigeria laws, days after news of its $110 million fine broke.
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Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) said on December 27 that the $110million penalty was imposed after a resolution of an investigation over a broad range of anticompetitive conducts.

FCCPC said BAT of abused its dominance in the market, sought to frustrate competitors, penalised its retailers for providing equal platforms for product display of competitors, and introduced products in violation of regulations.

The company said the fine, which had been previously disclosed in two financial statements, were not new and it had cooperated with the Nigerian regulators on the matter.
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“BAT previously disclosed the investigation mentioned by the Nigerian Federal Competition and Consumer Protection Commission (FCCPC) in its year-end 2022 Annual Report and most recently in our Half-Year Report for the six months to 30 June 2023,” the company said in a statement on Thursday.

“In December 2022, the FCCPC entered into a consent order, terminating the mentioned investigation and associated proceedings. British American Tobacco (Nigeria) Limited and British American Tobacco Marketing (Nigeria) Limited have made payments to settle the penalty.

“BAT Nigeria acknowledges the mentioned monitorship and awareness campaigns and has cooperated fully with the FCCPC’s appointed service providers.”