
FCCPC, Lagos consumer agency warn businesses on price tags, refunds, product labelling
READ ALSO: FCCPC resumes digital lending regulations as court upholds powers Mr Sholebo said compliance with pricing regulations, labelling standards and consumer redress mechanisms is a legal obligation under the Federal Competition and Consumer Protection Act, 2018, as well as the Lagos State Consumer Protection Law.
The FCCPC has consistently maintained that strengthening compliance with consumer protection laws is aimed at promoting transparency, encouraging fair competition and improving confidence in Nigeria’s marketplace.
The Federal Competition and Consumer Protection Commission (FCCPC) and the Lagos State Consumer Protection Agency (LASCOPA) have stepped up efforts to address unfair practices in marketplaces, with a renewed focus on price tagging, product labelling and businesses’ obligations to honour returns and refunds where applicable.
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