In a recent press statement, the Dangote Group has firmly denied claims made by the Nigerian National Petroleum Company Limited (NNPCL) regarding the sale price of Premium Motor Spirit (PMS). The NNPCL spokesperson, Mr. Olufemi Soneye, alleged that Dangote sold PMS at an exorbitant rate of N898 per litre. This statement, according to Dangote Group, Read More…
The Federal Competition and Consumer Protection Commission (FCCPC) imposed a hefty fine of $110 million on British American Tobacco (BAT) Nigeria and affiliated companies for breaching multiple provisions of the FCCP Act and other related regulations, the commission confirmed in a statement released in Abuja. The FCCPC revealed that the penalties were the result of Read More…
The Lagos State Government, represented by its Consumer Protection Agency (LASCOPA), has officially declared Nagiko Tomato safe for consumption, dispelling concerns about its quality. According to Mr. Afolabi Solebo, the General Manager of LASCOPA, the product poses no health risks to the public. This affirmation contradicts assertions made by Mrs. Chioma Egodi on Facebook regarding Read More…
Mr. Babatunde Irukera, the Executive Vice Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), has cautioned consumers about an impending surge in counterfeit online stores aiming to deceive shoppers during the ‘Black Friday’ sales frenzy. In a statement released Thursday in Abuja, Irukera highlighted the FCCPC’s receipt of credible intelligence indicating a projected Read More…
In order to maintain the public’s trust in governments, Mr. Douglas Ogbankwa, a former publicity secretary of the Nigerian Bar Association, urged for proper protection of consumer rights on Thursday. “Now is the time for consumer rights advocacy to stop fleecing citizens and make sure utility providers and sellers of goods go by the books,” Read More…
The Federal Competition and Consumer Protection Commission (FCCPC) has engaged supermarket operators in the six geo-political zones with a view to ensuring effective consumer protection. The Commission also decried the influx of fake and substandard consumables products at supermarkets especially in the wake of the COVID-19 pandemic. The Executive Vice Chairman of the Commission, Mr Read More…
With barely one week to Christmas, prices of perishable food items were observed to be plummeting, the News Agency of Nigeria (NAN) reports. This was based on a survey conducted by NAN in four major markets including Mile 12, and Oyingbo, on Saturday in Lagos. According to the survey, a 40 kilogramme (kg) basket of Read More…
A group, the All Electricity Protection Forum, says it will sue the Nigerian Electricity Regulatory Commission (NERC), if the recent increment in electricity tariffs is not reversed. Its Public Relations Officer, Mr Gideon Balogun, on Wednesday in Lagos decried the tariffs increment as announced by the electricity Distribution Companies on Sept. 1. Balogun said the increment Read More…
The National Bureau of Statistics (NBS) says Consumer Price Index, (CPI) which measures inflation increased to 12.56 per cent year-on-year in June 2020. The NBS made this known in its CPI and Inflation Report for June released on Friday. It stated that the report showed that June inflation was 0.16 per cent points higher than Read More…
The Federal Competition and Consumer Protection Commission (FCCPC) says a Chinese restaurant, Haufei Restaurant & Mall 33 Aboyade Cole, VI, known for exclusive and discriminatory service in Lagos, remains shut. The FCCPC Director General, Mr Babatunde Irukera, disclosed this when he appeared on the News Agency of Nigeria (NAN) forum in Abuja. Irukera said that if a place Read More…
