In a dramatic turn of events, a Chinese company has seized three Nigerian presidential aircraft due to an unpaid debt owed by Ogun State, a region in southwestern Nigeria. This unprecedented action has sparked a wave of controversy and raised questions about international debt enforcement and the impact of local[Read More…]
Consumer Education
Nestlé Nigeria’s Agricultural Ventures: A Model for Multinational Corporations in Nigeria
By Godwin Anyebe Nestlé Nigeria has been making headlines not just for its popular consumer products but also for its significant contributions to the agricultural sector. The multinational company’s strategic investments in local agriculture offer valuable lessons for other multinational corporations operating in Nigeria. By focusing on sustainable development, local[Read More…]
Nestlé Nigeria Plc: Championing a Sustainable Environment Through Community Engagement
By Godwin Anyebe In an era where environmental sustainability has become a critical concern globally, Nestlé Nigeria Plc stands out as a beacon of corporate responsibility and community engagement. As a leading player in the food and beverage industry, Nestlé Nigeria is not just focused on delivering high-quality products but[Read More…]
Underscoring Nestlé’s Giant Strides in Youth Development in Nigeria
By Godwin Anyebe Nestlé has long been a titan in the global food and beverage industry, but its impact extends far beyond just providing products. In Nigeria, Nestlé has demonstrated a profound commitment to youth development, with initiatives that have shaped and empowered the younger generation. In fact, Nestlé’s commitment[Read More…]
Nigerian Consumers in disarray: Suffering from Government Inconsistent Economy Policies
In Nigeria, consumers find themselves amidst a tumultuous economic landscape shaped by the erratic nature of government policies. The inconsistency in economic policies implemented by the Nigerian government has plunged consumers into a state of disarray, profoundly impacting their daily lives and financial stability. In addition, inconsistent economic policies in[Read More…]
FCCPC has accused Meta of data misuse and market abuse, imposing a $220 million fine for infringing Nigerian consumer rights.
The Federal Competition and Consumer Protection Commission (FCCPC) on Friday, imposed a $220 million fine on Meta, formerly known as Facebook and WhatsApp over alleged consumer rights’ infringements. In a statement, acting Executive Vice Chairman/Chief Executive, FCCPC, Dr. Adamu Abdullahi, accused the social media platforms of denying Nigerian data subjects[Read More…]
Nigerian Universities and the Electricity Conundrum: Navigating Challenges to Academic Excellence
In Nigeria, the pursuit of academic excellence often meets an enduring challenge: the unpredictable and unreliable supply of electricity. This issue is particularly acute in the country’s universities, where power outages frequently disrupt teaching, research, and administrative activities. The impact of this electricity conundrum extends far beyond inconvenience, shaping the[Read More…]
The Consumers Right Awareness and Protection: A Means to Economic Development
Introduction Writers have often inferred that Nigerians and many other African countries have in several ways contributed to the slow economic development of Nigeria, through the low patronage of Nigerian-made products and services. A good example is that many would rather spend on China-made products than buy locally made Aba[Read More…]
Understanding Consumer Protection Risks Faced by Nigerian Digital Finance Users
Abstract The opening of Nigeria’s mobile money system to non-banks and new mobile banking products from commercial banks presents the potential for digital finance to take off in the country. To maximize the benefits of digital inclusion, expansion of use should occur alongside sufficient consumer protection policies and responsible product[Read More…]
Why You Should Avoid Some ‘Pure Water’ Despite NAFDAC Registration Number – Prof
A public health expert, Prof. Olalubi Oluwashogo, has warned on the dangers of patronising sachet waters not fully certified by the National Agency for Food and Drug Administration and Control (NAFDAC). He gave the warning during a town hall meeting organised by Fridabs Solacebase communication in partnership with Wole Soyinka[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]