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

  Nearly four years after gunmen massacred worshippers at St. Francis Catholic Church, Owo,... Continue
  Guinness Nigeria Plc has been named Consumer Goods Company of the Year at... Continue
    The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole... Continue
The Group Managing Director of Zedcrest, parent company of Zedvance, Adedayo Amzat, has announced... Continue
The Governor of Lagos State, His Excellency, Babajide Sanwo-Olu, Minister of Finance and Coordinating... Continue
In commemoration of World Environment Day 2026, the UBA Foundation, the Corporate Social Responsibility... Continue
AFOLABI SAHEED OLAWALE Damola Hannah Ojo and Esther Kolawole have joined Christianah Ogunsanya in... Continue
AKINSINDE ADEOLA OYINDAMOLA Enyimba FC’s quest for President Federation Cup glory came to an... Continue
The Oyo State Governor’s Advisory Council Chairman has thrown its weight behind the ongoing... Continue
More than 11 years after the Economic and Financial Crimes Commission (EFCC) arraigned former... Continue

UBA


Access Bank

Twitter

Sponsored