Ondo Bars Unions, Associations From Fixing Prices Of Goods & Services

Posted on September 10, 2021

The Ondo State government has barred trading unions and associations under the umbrella of Ondo State United Artisan Group from fixing and enforcing uniform prices of goods and services being sold or rendered by their members and non-members.

This is part of measures taken by the state to protect its citizens amid soaring costs and incessant increases in prices of goods and services by artisans including farm produce and food items.

The Ondo Commissioner for Information and Orientation, Donald Ojogo, in a statement on Thursday, said the decision was taken in the overall socio-economic interest of the people of the state.

According to the statement, “Government had before now, watched with discomfort and dismay, the economic suffocation of the people with unimaginable increases in prices of goods and services in markets, shops and other sales outlets across the state.

“Even without due regard for market forces, it is obvious that associations and unions are largely behind this unwholesome act.

“The state government has decided to act decisively even as the public deserves protection from this undesirable exploitation under some guises.

“Therefore, fixing market prices and imposing fixed exorbitant prices on the people under the guise of association or union must be stopped forthwith.

“Accordingly, as part of the measures, individuals, artisans, traders and providers of services as well as farmers are henceforth allowed to operate, sell their produce and render any service in any part of the state as they may deem profitable, based on the principle of demand and supply and prevailing market forces. This is just as membership of associations and unions remains voluntary as provided for in the constitution of the Federal Republic of Nigeria, as amended.

“Consequently, Government’s right to regulate the activities of Trading Associations and Artisan groups has to be invoked in the interest of residents. Therefore, on no account should any Union/Association fix or enforce prices of goods and services.

“Similarly, there shall be no sale of tickets to Artisans/Traders by any Association/Union without due approval of the state government through the Internal Revenue Service”.

“All concerned are, therefore, advised to adhere strictly to this directive as any person or group found to be flouting it will be made to face the full weight of the extant laws.

“It is to be noted too that this directive takes effect from today in all markets and sales outlets across the 18 LGAs of the state”.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

FADEYI TOLULOPE AYOBAMI    The Director General of the National Institute for Sports, His... Continue
AFOLABI SAHEED OLAWALE The application process for the U-20 FIFA Women’s World Cup Poland... Continue
ADEOLA ADEYEMI  Traditional rulers across Ogun West, led by the Olu of Ilaro and... Continue
Nigeria’s premier stand-up comedian and actor, Bovi Ugboma, and South African award-winning actress and... Continue
The kitchen is set, the stakes are high, and the journey to culinary greatness... Continue
It was a masterclass in live showmanship and soul at the intimate launch of... Continue
As the global community marks Chinese Language Day 2026, the Nigeria–China Strategic Partnership (NCSP)... Continue
The people of Enugu West Senatorial District have endorsed President Bola Ahmed Tinubu and... Continue
  The Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) welcomes investments that... Continue
CHUKA UBAH  The zoning arrangement of the Apex Igbo socio-cultural body, Ohanaeze Ndigbo Worldwide,... Continue

UBA


Access Bank

Twitter

Sponsored