adplus-dvertising
NgGossips.com
  • Home
  • News
  • Business
  • Society
  • Latest
  • World
No Result
View All Result
Tuesday, April 21, 2026
  • Home
  • News
  • Business
  • Society
  • Latest
  • World
No Result
View All Result
NgGossips.com
No Result
View All Result

FCCPC, LASCOPA Unveil Joint Framework To Curb Consumers’ Exploitation

by Vincent Uju
April 21, 2026
in Reports
0
FCCPC, LASCOPA Unveil Joint Framework To Curb Consumers’ Exploitation
152
SHARES
1.9k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Federal Competition and Consumer Protection Commission (FCCPC) and the Lagos State Consumer Protection Agency (LASCOPA) have unveiled a joint framework aimed at strengthening consumer rights enforcement, improving complaint resolution, and promoting fair business practices in Lagos State.

🚨 BREAKING: Watch the full clip here ➤

The framework was formalised through the signing of a Memorandum of Understanding (MoU) at the FCCPC headquarters in Abuja on Tuesday.

The Executive Vice Chairman and Chief Executive Officer of the FCCPC, Mr. Tunji Bello signed on behalf of the Commissoon while Afolabi Solebo, General Manager of Lagos State Consumer Protection Agency signed for his agency.

Bello described the agreement as a major step toward improving the daily experiences of consumers through stronger institutional cooperation.

➜ Play The Video

According to Bello, consumer protection has become a broad issue that now affects nearly every aspect of modern life, including transportation, food, housing, healthcare, digital services, financial transactions, e-commerce, product safety, pricing transparency, advertising practices, and essential services.

He said citizens increasingly expect fairness, accountability, and accessible channels for redress whenever things go wrong.

“Today’s event is significant because it reflects a shared commitment to improving the daily experience of consumers and strengthening fair business conduct through practical institutional cooperation,” Bello said.

He noted that as markets become more sophisticated, consumer complaints have also become more complex, often cutting across sectors and jurisdictions.

“This reality requires regulators to be coordinated, responsive, and forward-looking. That is why this partnership matters,” he added.

Bello explained that the FCCPC, established under the Federal Competition and Consumer Protection Act of 2018, has continued to promote competition, protect consumers, and ensure fair market practices through enforcement actions, market surveillance, complaint resolution, advocacy, and public education.

He stressed, however, that effective consumer protection cannot be driven from Abuja alone, noting that many consumer issues emerge within states and communities where they require swift interventions.

“State institutions are therefore indispensable partners in building a credible and accessible consumer protection framework across the federation,” he said.

The FCCPC boss noted that Lagos occupies a unique position as Nigeria’s leading commercial hub with a large concentration of consumers, businesses, digital enterprises, logistics networks, financial activity, and service providers.

He said the state’s fast-paced economic environment makes regulatory innovation both necessary and impactful.
Bello, who previously served in Lagos State, said he understood the scale and complexity of governance in the state, adding that public institutions must constantly evolve to meet changing realities.

He also highlighted the presence of the FCCPC South-West Zonal Office in Lagos, which he said would provide a strong operational base for practical collaboration between the two agencies.

He encouraged close cooperation in complaint handling, intelligence sharing, consumer education, and coordinated interventions where necessary.

According to him, the MoU provides a framework for information sharing, complaint referrals, joint consumer education initiatives, capacity development, market intelligence exchange, and coordinated action where legally appropriate.

“It is not merely a ceremonial document. It is an operational instrument designed to improve outcomes for citizens,” Bello stated.

He said consumers should benefit from quicker responses, clearer complaint channels, stronger awareness of their rights, and better coordination between federal and state authorities.

Businesses, he added, would also benefit from clearer expectations, more consistent regulatory engagement, and a stronger culture of fair dealing.

Bello further disclosed that the FCCPC remains committed to encouraging other states across the federation to enact, strengthen, or renew their consumer protection legal frameworks in line with local realities and market conditions.

He said strong state-level institutions working in harmony with federal regulators would significantly improve confidence in the Nigerian marketplace.

The FCCPC boss commended officials of both organisations for their efforts in achieving the agreement, stressing that the success of the partnership would depend on sustained commitment beyond the signing ceremony.

The General Manager of the Lagos State Consumer Protection Agency (LASCOPA), Mr. Afolabi Solebo, said the newly signed Memorandum of Understanding (MoU) between the Federal Competition and Consumer Protection Commission (FCCPC) and the Lagos agency will help curb consumer exploitation and strengthen enforcement efforts.

🚨 BREAKING: Watch the full clip here ➤

Related Posts

BREAKING: Tinubu Sacks Edun, Dangiwa As Ministers, Announces Replacement
Reports

BREAKING: Tinubu Sacks Edun, Dangiwa As Finance, Housing Ministers

April 21, 2026
JUST IN: Tinubu removes finance, housing ministers, names replacements
Reports

JUST IN: Tinubu removes Edun, Dangiwa as ministers, names replacements

April 21, 2026
JUST IN: Tinubu removes finance, housing ministers, names replacements
Reports

JUST IN: Tinubu removes finance, housing ministers, names replacements

April 21, 2026
IGP Visits NSCDC Boss To Deepen Collaboration
Reports

IGP Visits NSCDC Boss To Deepen Collaboration

April 21, 2026
BREAKING: Tinubu Sacks Edun, Dangiwa As Ministers, Announces Replacement
Reports

BREAKING: Tinubu Sacks Edun, Dangiwa As Ministers, Announces Replacement

April 21, 2026
Dispatch Rider Dies In Otedola Bridge Crash
Reports

Dispatch Rider Dies In Otedola Bridge Crash

April 21, 2026
No Result
View All Result

Trending

  • Trending
  • Comments
  • Latest
VIDEO: Man Caught on Camera Allegedly R@ping Drunk Lady Inside Nightclub, Police React

VIDEO: Man Caught on Camera Allegedly R@ping Drunk Lady Inside Nightclub, Police React

April 19, 2026

Comment on VIDEO: The Trending Video of  Zimbabwean Female Teacher and  16-Year-Old Boy That Broke the Internet by JUSTICE NTIEDO DESMOND

April 15, 2026
SHOCKING VIDEO: Biology Teacher On The Run After Leaked Video With Female Student Surfaces Online

SHOCKING VIDEO: Biology Teacher On The Run After Leaked Video With Female Student Surfaces Online

April 21, 2026
Breaking: VIDEO – Moment Armed Robbers Break Into Home, R@ped House Cleaner Caught on Camera In Nairobi

Breaking: VIDEO – Moment Armed Robbers Break Into Home, R@ped House Cleaner Caught on Camera In Nairobi

April 16, 2026
VIDEO: UNIPORT Female Student  Strips Herself Naked After Taking Colos at Friend Birthday Party

VIDEO: UNIPORT Female Student Strips Herself Naked After Taking Colos at Friend Birthday Party

April 19, 2026
VIDEO: Chaos in Lagos as Missing Congolese Businesswoman Found Dancing N@ked on Expressway

VIDEO: Chaos in Lagos as Missing Congolese Businesswoman Found Dancing N@ked on Expressway

April 16, 2026
JUST IN: Dangote, BUA, Other Dealers Release New Cement Prices Nationwide

JUST IN: Dangote, BUA, Other Dealers Release New Cement Prices Nationwide

April 20, 2026

Dead Body Found Behind Hostel in Iworoko Ekiti

April 14, 2026
Lagos partners UI graduate to deploy real-time toilet finder platform

Lagos partners UI graduate to deploy real-time toilet finder platform

April 21, 2026
Trial begins for Afghan charged in deadly Kabul airport bombing as defense says US ‘got the wrong man’

Trial begins for Afghan charged in deadly Kabul airport bombing as defense says US ‘got the wrong man’

April 21, 2026
“Cabinet Shake-Up” — Tinubu Sacks Finance Minister Wale Edun, Housing Minister Dangiwa

“Cabinet Shake-Up” — Tinubu Sacks Finance Minister Wale Edun, Housing Minister Dangiwa

April 21, 2026
Dunkin' giving away 1 million free coffees: Here's when and how to grab one

Dunkin' giving away 1 million free coffees: Here's when and how to grab one

April 21, 2026
Okowa counters Nwoko, says lawmaker misleading Anioma people

Okowa counters Nwoko, says lawmaker misleading Anioma people

April 21, 2026
JUST IN: Tinubu removes finance, housing ministers, names replacements

JUST IN: Tinubu removes Edun, Dangiwa as ministers, names replacements

April 21, 2026
BREAKING: Tinubu Sacks Edun, Dangiwa As Ministers, Announces Replacement

BREAKING: Tinubu Sacks Edun, Dangiwa As Finance, Housing Ministers

April 21, 2026
New Zealand’s PM Luxon survives leadership vote among own party months before polls

New Zealand’s PM Luxon survives leadership vote among own party months before polls

April 21, 2026
  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Terms
© 2025 Nggossips. All rights reserved.
No Result
View All Result
  • Home
  • News
  • Business
  • Society
  • Latest
  • World