The Federal Competition and Consumer Protection Commission (FCCPC) has expressed delight over the decision of the Nigerian Electricity Regulatory Commission (NERC) to slap a N200 million fine on Abuja Electricity Distribution Company (AEDC) over tariff rate violation issues. FCCPC, in a statement signed by its Acting Executive Vice Chairman and[Read More…]
Consumer Education
Gambling & Betting: The New Trend in Nigeria
It’s no longer news that, betting, gambling and gaming has become so popular in Nigeria to an extend that, the state of gambling has become worrisome. In fact, prior to now, gambling has existed in Nigeria but was viewed as an antisocial activity and was actively discouraged by parents and[Read More…]
NCC Extends NIN-SIM Linkage Deadline By 1 Week
The Nigerian Communications Commission (NCC) has extended by one week the second phase of SIM-NIN linkage deadline, top officials of the commission has said. It would be recalled that the disconnection process was rolled out in stages, with the second phase scheduled for today, March 29. The first phase took[Read More…]
Low patronage forces Indomie price slash amid rising inflation
Indomie Instant Noodles, a Dufil Prima Foods Limited brand, says it has reduced its price to keep the product affordable to Nigerians. BusinessDay survey of some stores across Lagos shows that the price of 70g Indomie Regular Chicken noodles dropped to N250 from N300 last month. While it’s 40-pack carton[Read More…]
Indomie Jumps From ₦8,500 To ₦18k; Groundnut Oil ₦7k To ₦11k; Potatoes ₦25k To ₦40k
In Jos, where Irish Potatoes is cultivated, a bag of Irish Potatoes which earlier cost N25,000 now sells for N40,000. It has been revealed that prices of goods have increased by over 100 percent. This is according to a market survey by Peoples Gazette at Mararaba, an Abuja satellite town[Read More…]
FCCPC tasks electricity distribution companies on quick responses to customers’ complaints
The Federal Competition and Consumer Protection Commission (FCCPC) has advised distribution companies to design a quick response mechanism to address customers’ complaints within their networks. The FCCPC acting executive chairman, Adamu Abdullah, gave the advice recently in Lagos at the end of a four-day one-stop-shop for addressing billing, metering, transformer,[Read More…]
FCCPC seals off Sahad Stores in Abuja
The Federal Competition and Consumer Protection Commission (FCCPC) has sealed Sahad Stores, a popular Abuja shopping mall. The store’s Area 11, Garki branch was sealed on Friday following an alleged disparity between prices on the shelves and what customers had to pay. The enforcement was led by FCCPC Acting Executive[Read More…]
NAFDAC Shuts Lagos Shops Over Sales Of Unregistered Drugs
National Agency for Food and Drugs Administration and Control (NAFDAC) has sealed off some shops in Lagos over the sales of controlled and unregistered drugs in the company. Speaking during an enforcement exercise in Oke-Arin, Idumota, Lagos, the deputy director, Investigation and Enforcement Directorate, NAFDAC, Afolabi Aderemi, said the move[Read More…]
From Roots to Fruits: A Tree’s Tale of Human Existence.
By Olaotan Fawehinmi “But a person whose good deeds exceed his wisdom is likened to a tree whose branches are few but whose roots are numerous. Even if all the winds of the world were to come and blow against it, they could not budge it from its place.” –[Read More…]
Comply with regulatory standards, ex-NAFDAC director urges breadmakers
A former Director, Food Registration and Regulatory Affairs at the National Agency for Food and Drug Administration and Control, Rev. William Effiok, has urged breadmakers under the aegis of the Premium Breadmakers Association of Nigeria to be prepared for better business opportunities in 2024 by complying with regulatory standards. Effiok[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…]