• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 13, 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
2 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.

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.”

RELATED NEWS

UK Announces New £15m Growth Programme To Unlock Investment In Nigeria

World Bank Cuts Nigeria’s 2026 Growth Forecast to 4.1% Despite Crude Rally

Firm Calls For Cross-sector Collaboration To Harness AI Against Counterfeiting

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

UK Announces New £15m Growth Programme To Unlock Investment In Nigeria
Business

UK Announces New £15m Growth Programme To Unlock Investment In Nigeria

33 minutes ago
Did World Bank Misread Development?
Business

World Bank Cuts Nigeria’s 2026 Growth Forecast to 4.1% Despite Crude Rally

1 hour ago
Guinness Nigeria Commits To Local Sourcing, Revenue Growth
Business

Firm Calls For Cross-sector Collaboration To Harness AI Against Counterfeiting

1 hour ago
Next Post
Kenya Drops Financial Impropriety Case Against Flutterwave

Flutterwave Clarifies Position On $75m Investment, IPO Discussions

Advertisement

LATEST UPDATE

June 12 Special: Nigerians Reflect On Democracy Since 1999, Demand Better Governance

10 minutes ago

June 12 Legacy Must Inspire Youths Through Electoral Integrity, Says Adebayo

11 minutes ago

Agency Dismantles Syndicates Recruiting Women Into Drug Trade

13 minutes ago

Police Launch Crackdown On Unauthorised Number Plates

15 minutes ago

Police Probe Death Of Kebbi Varsity Student

18 minutes 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.