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

CYRIACUS IZUEKWE   A Lagos-based woman, Akindeyi Ademide, was arraigned before a Lagos Magistrate Court... Continue
The Nigeria Union of Journalists, NUJ, Imo State Council, has distanced itself from the... Continue
CHINEDU ANSELM NEBEIFE  Every election asks a question voters rarely stop to notice they’re... Continue
CYRIACUS IZUEKWE   A 26-year-old man, Jonathan Obika, was arraigned before a Lagos Magistrate Court... Continue
CHUKA UBAH The Igbo community in Lagos State has pledged its support for Mr.... Continue
CYRIACUS IZUEKWE Casket dealers across the Southeast say 2026 has been their busiest year... Continue
KINGSLEY EBERE  From pioneering a career progression institute in 2025 to presenting at the... Continue
CYRIACUS IZUEKWE  A 56-year-old businesswoman, Feyishara Kuku, was arraigned before a Lagos Magistrate Court... Continue
As political activities gather momentum ahead of the 2027 Ogun State governorship election, the... Continue

UBA


Access Bank

Twitter

Sponsored