Abdullahi said this while addressing journalists in Abuja during the World Consumer Rights Day, themed ‘Fair and Responsible AI for Consumers.’ He said that as a consumer protection agency, there are concerns that the integration of artificial intelligence, if not regulated, will result in unintended consequences such as privacy concerns, exploitative practices, limited access, and cybersecurity risks.
“Regulatory interventions in this realm will ensure that AI technologies serve as tools for empowerment rather than sources of exploitation.
“The FCCPC remains resolute in its determination to protect Nigerian consumers and create an enabling environment for businesses to compete.”
“As we navigate the complexities of the digital age, permit me to state that FCCPC is also concerned with other prevailing issues bedevilling consumers in Nigeria, particularly the rapidly rising price of food, as in other nations of the world,” he added.