• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, September 10, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

FCCPC, Lagos Agency Push State-Federal Alliance To Boost Marketplace Confidence

Kingsley Alu by Kingsley Alu
5 months ago
in Business
FCCPC
Share on WhatsAppShare on FacebookShare on XTelegram

The Federal Competition and Consumer Protection Commission (FCCPC) and the Lagos State Consumer Protection Agency (LASCOPA) have signed a Memorandum of Understanding (MoU) to bridge federal and state efforts amid rising complexities in consumer markets.

The pact, signed on Tuesday at the FCCPC headquarters, aims to enhance complaint resolution, regulatory cooperation, and consumer welfare through streamlined collaboration.

FCCPC executive vice chairman and chief executive officer, Tunji Bello, speaking at the signing ceremony, hailed the MoU as “a reflection of our shared commitment to promoting fair business practices and protecting consumers across the country.”

He highlighted the expanding scope of consumer protection, stating it now “spans multiple sectors, including transportation, food, housing, healthcare, digital services, financial transactions, e-commerce, product safety, pricing transparency, advertising, and essential services.”

“As markets become more complex, consumer complaints are also evolving, often cutting across sectors and jurisdictions, thereby requiring coordinated and responsive regulation,” Bello noted.

RELATED NEWS

Nigerian Stocks Sustain Decline, Loss N1.67trn

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

Non-utilisation: Flare Gas Awardees Risk Losing Permits — NUPRC

While affirming the FCCPC’s ongoing work in enforcement, market surveillance, complaint resolution, advocacy, and public education, he stressed that “effective consumer protection cannot be driven from Abuja alone.”

“Many consumer issues arise at the state and community levels, where timely intervention is critical,” Bello said, underscoring the need for robust state institutions to build “a credible national consumer protection system.”

Bello positioned Lagos as pivotal, calling it “a strategic hub” as “Nigeria’s commercial centre, with a dense concentration of consumers, businesses, and digital enterprises.”

He added that the FCCPC’s South West Zonal Office in Lagos offers “a solid platform for sustained collaboration with LASCOPA, particularly in complaint handling, intelligence sharing, consumer education, and coordinated enforcement actions.”

 

The MoU, he explained, encompasses “key areas such as information sharing, complaint referrals, joint consumer education, capacity development, and market intelligence exchange, as well as coordinated action where necessary.”

Designed for practicality, the agreement aims to deliver “faster response times, clearer complaint channels, improved consumer awareness, and better coordination between federal and state authorities,” according to Bello.

Businesses, he noted, stand to gain from “more consistent engagement, clearer regulatory expectations, and a stronger culture of fair dealing.”

Bello reaffirmed the FCCPC’s push for states to bolster local consumer laws, saying effective federal-state collaboration would “boost confidence in Nigeria’s marketplace.”

He commended both agencies for the milestone and warned that “its success would depend on sustained implementation and measurable outcomes.”

Optimistic about the partnership’s impact in Lagos’s bustling commercial landscape, Bello concluded it would help forge “a more responsive and effective consumer protection system.”

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Kingsley Alu

Kingsley Alu

Kingsley Alu is a Business Journalist and Editor at Leadership Newspaper, with deep expertise in investigative reporting across industry, trade, investment, economic policy, financial markets, industrial development, and governance. He is known for combining investigative rigour with data analytics to produce reporting that informs policymakers, investors, and corporate leaders.

OTHER NEWS UPDATES

Nigerian Exchange Engages FTSE Russell, Investors Over Nigeria’s T+1 Settlement, Market Reclassification
Business

Nigerian Stocks Sustain Decline, Loss N1.67trn

6 hours ago
TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre
Business

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

7 hours ago
Non-utilisation: Flare Gas Awardees Risk Losing Permits — NUPRC
Business

Non-utilisation: Flare Gas Awardees Risk Losing Permits — NUPRC

9 hours ago
Next Post
Kenya Drops Financial Impropriety Case Against Flutterwave

Flutterwave Clarifies Position On $75m Investment, IPO Discussions

Advertisement

LATEST UPDATE

49.70kg Heroin: NDLEA Arrests Fugitive Drug Kingpin After 2 Years

2 hours ago

Sachet Alcohol Is A Monster Destroying Our Children’s Future — NAFDAC DG

2 hours ago

Ebola Outbreak: WHO Seeks 5,000 More Health Workers In DR Congo  

2 hours ago

AfroBasket Triumph: Tinubu Redeems Cash Pledge To D’Tigress

3 hours ago

Akwa Ibom Court Orders Eno Government To Pay N1.5bn For 49-Year-Old School Takeover

3 hours ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.