The Ondo State Government has banned all traders’ unions and associations under the umbrella of Ondo State United Artisan Group from fixing and enforcing uniform prices of goods and services of goods sold by their members and non-members.

In a statement by the State Commissioner for Information and Orientation, Mr Donald Ojogo, the state government said the decision was taken in the overall socio-economic interest of the people of the state.

‘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,’ Ojogo said.

‘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, the 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,’ he stated.

"Exciting news! TheNigeriaLawyer is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest legal insights!" Click here! .......................................................................................................................
143
Created on
The NBA Administration led by Y. C Maikyau, SAN.

In Your Opinion, Has Y. C Maikyau, SAN, Demonstrated Strong Leadership Qualities As The NBA President?

Min votes count should be 1
Unauthorized use and/or duplication of this material and other digital content on this website, in whole or in part, without express and written permission from TheNigeriaLawyer, is strictly prohibited _________________________________________________________________

School Of Alternative Dispute Resolution Launches Affiliate Program To Expand Reach

For more information about the Certificate in ADR Skills Training and the affiliate marketing program, visit www.schoolofadr.com, email info@schoolofadr.com, or call +2348053834850 or +2348034343955. _________________________________________________________________

NIALS' Compendia Series: Your One-Stop Solution For Navigating Nigerian Laws (2004-2023)

Email: info@nials.edu.ng, tugomak@yahoo.co.uk, Contact: For Inquiry and information, kindly contact, NIALS Director of Marketing: +2348074128732, +2348100363602.