Section 74: Penalties for failure to comply with a cease order

(1) An undertaking that fails to cease an abusive practice after receiving an order of the Commission to that effect commits an offence and is liable on conviction to a fine not exceeding 10% of its tumover in the preceding business year or to such higher percentage as the court may determine given
the circumstances of the particular case.
(2) Any director of an undertaking that commits an offence under subsection (1) is liable on conviction to imprisonment for a term not exceeding three years, or to payment of a fine not exceeding N50,000,000.00 or to both
the fine and imprisonment.