Connect with us

News

LASCOPA ‘ll Be Empowered to Protect Consumers’ Rights, Lagos Assembly Assures Stakeholders

Published

on

Obasa

LASCOPA ‘ll Be Empowered to Protect Consumers’ Rights, Lagos Assembly Assures StakeholdersObasa

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Lagos State House of Assembly on Friday reiterated its determination to protect the right of consumers within the State, noting the essence of repealing the extant law was to be in conformity with modern realities.

The House made the affirmation during a public hearing on “A Bill for a Law to Establish the Lagos State Consumer Protection Agency, Provide for the Protection of the Interest of Consumers, Settlement of Consumer Disputes and for Connected Purposes.”

The public hearing which took place within the Assembly premises was attended by the various stakeholders who believe the interest of the Lagos consumers should be strictly adhered to.

One of the stakeholders, who is a member of Provision Stores Association of Nigeria, Mr Wuraola Abdussalam urged members of the House to go to the markets and see things for themselves, saying a lot need to be done in addressing the rights of consumers.

Abdussalam who spoke in Yoruba displayed some items to back his claim, adding that he had approached Lagos State Consumer Protection Agency (LASCOPA) over alleged counterfeit products for the past six months to address the complaint of his association.

While appealing to the State Government to come to the aid of Stores Owners Association, he alleged that those items displayed lack any geuineness to guarantee safety for consumers.

He also alleged that it had been difficult for business owners to start up business, saying the interest of 15 percent on loan as given by Lagos State Employment Trust Fund was to high.

In a swift reaction,, the Deputy Speaker, Hon Wasiu Eshinlokun-Sanni who spoke on behalf of the Speaker, Rt. Hon. Mudashiru Obasa said, “We are not here so that you can praise us; we are here to look into your complaints. You can make complaint, should any agency be it LASCOPA or any other agencies are found wanting because we have the power to sanction anyone of them.”

He however cautined Abdussalam over his comment that LSETF collects 15 percent as interest on loans of N250,000 to start up a business, saying he ought to get his fact correct.

The Deputy Spealer explained that no agency of government in Lagos State including LSETF, collects beyond 5 percent as administrative fee.

Also hurriedly speaking over the allegation, the Leader of the House, Hon Sanai Agunbiade said the claim by complainant was not tenable.

Also the Chairman House Committee on Commerce and Industry, Hon Bisi Yusuff came for clarification.

He said, “I’m a good listener. For the clarity of your claim, were you attended to at LQSCOPA or not?”

Abdussalam resaponded in the affirmative and with this response, Yusuff said that settled your case.

Also responding, the GM LASCOPA, Mr Afolabi Solebo admitted, “The man was being economical with the truth. The matter he mentioned had been on ground for long and the manufacturers were invited and they came. Why should he come and tell members of the public that we didn’t handle it well. We ensured that the Manufacturers Association of Nigeria (MAN) and marketers make sure that the products coming into the state are verified as suitable for consumption.

“We attended to him as a consumer, I wonder why he is also here today. Under normal circumstances, some of those products are not supposed to be in the market,” the GM stated.

Earlier, the Chairman of LASCOPA, Mrs Funmi Falana commended the House for the proactive measure in repealing the law.

She however pointed out that all bottled plastic drinks in the State should have their temperature conspicuously displayed for verification.

She also appealed that the Board for the Agency should include a representative of National Agency for Foods, Drugs and Administration and Control (NAFDAC) to be of inherent benefit in guarding against hazardous consumption.

A representative of Iyaloja-General, Mrs Folasade Tinubu-Ojo, Mrs Abimbola Jinadu said clause 28 which deals with inspection should be looked into, saying while on inspection, officers should give prior notice to the leadership of the market especially if it would be an open market.

In the overview of the Bill, the Leader of the House, Agunbiade said, “clause 20 deals with complaint to the Agency. A complaint in relation to any goods sold, delivered or agreed to be sold or delivered, or any service provided or agreed to be provided may be filed with the Agency.

“In clause 21, the Agency on receipt of a complaint relating to goods shall refer a copy of the complaint to the person against whom the complaint is made, directing such person to make representations within a period of 14 days or such extended period not exceeding seven days.

“Clause 27, the the Agency shall not admit a complaint unless it is filed within six months from the date on which the cause of action has arisen unless the complaint shows sufficient cause for not filing the complaint within the stipulated period.”

In clause 28, the Leader explained that an Inspection Officer on production of the certificate of designation could entre any premises for the purposes of conducting an investigation.

Deputy Speaker, Wasiu Eshinlokun-Sanni

The public hearing is to let the stakeholders be aware that we are treating the bill on the establishment Lagos State Consumer Protection Agency. We are glad that most of the invited guests turned up at the event.

The regulation that would come after the bill would specify all the aspects of the bill and it would be in conformity with the criminal adminstration law.

He explained that *the Bill is to further empower the agency and give it more power to implement the law. Everybody in Lagos State is a consumer and it is to ensure that the consumers have benefits for the money they spent. Where they suspect that what they were given is not right, they has the right to complain.

“The law recommends that offices of the agency should be opened in all the local governments and where they cannot handle it they should go to the agency.”

In an interview with newsmen, the Chairman of the Committee, Yusuff explained, “The Bill is meant to protect the interest of the consumers and we will ensure that all the necessary things are done to ensure that the consumers are well protected.

“On the issues of prices of goods and services, we all know what is happening in Nigeria and we know that farmers are scared from going to their farms due to insecurity. So, prices of foods might not come down until security situation improves. Also, prices of good and services are determined by law of demand and supply.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Access Bank Appoints Uche Orji as Independent Non-Executive Director

Published

on

Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

Continue Reading

News

Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

Published

on

Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

Continue Reading

News

EFCC Tasks Corps Members on Corruption

Published

on

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

Continue Reading

Trending

Copyright © 2021 All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from August24news.com
This Website is designed and Managed by: August 24 Communications Nigerian Limited (RC: 798585)