The Utility Stores Corporation (USC) on Thursday formally ceased operations, in compliance with the July 31 deadline established earlier this month to close the state-owned enterprise (SOE).

Established in 1971, USC was an SOE tasked with supplying essential commodities at subsidised rates, primarily targeting low-income households. It operated over 4,000 retail outlets nationwide.

According to a USC notification from the Ministry of Industries and Production, available with........

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