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‘Display Prices On Products Or Be Fined’_ LASCOPA Warn Supermarkets
- Lagos State Consumer Protection Agency (LASCOPA) has mandated supermarkets and grocery stores to display prices on their products.
- Afolabi Solebo, LASCOPA’s General Manager, emphasized that non-disclosure of price tags violates consumer rights and impedes informed purchasing decisions.
- Consumers are urged to report any non-compliance to LASCOPA.
Eko Hot Blog reports that The Lagos State Consumer Protection Agency, LASCOPA, has directed supermarkets and grocery stores in the state to visibly display prices on their products.
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The agency cautioned that non-compliance with the directive may result in fines or closure of the stores.
This was disclosed in a statement posted on the official website of the Lagos State Government on Saturday.
The statement read, “The Lagos State Consumer Protection Agency has issued a stern warning to supermarkets and grocery stores within the state regarding the non-disclosure of price tags on products.
“LASCOPA’s warning aims to ensure transparency and protect consumers from potential price exploitation as non-disclosure of price tags can lead to misunderstandings and inconvenience at the point of sale.”
In the statement, Afolabi Solebo, the General Manager of LASCOPA, highlighted that the failure to include price tags constitutes a breach of consumer rights as outlined in the Lagos State Consumer Protection Agency Law.
He mentioned that the absence of clear price tags impedes shoppers from comparing prices and making informed purchasing decisions, adding that such practices are contrary to the Consumer Protection Act, which mandates transparent pricing for goods and services.
Also in the statement, Solebo maintained that failure to comply with the law will result in fines in accordance with consumer protection laws, adding that the agency will not hesitate to seal erring supermarkets over non-disclosure of price tags on products on shelves.
He urged consumers to report any instances of non-compliance to LASCOPA .
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In February, it was reported that the Federal Competition and Consumer Protection Commission shut down Sahad Store, a well-known supermarket in the Garki area of Abuja, due to a lack of transparency in its pricing methods for products.
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