“Lagos Authorities Issue Warning To Supermarkets: Price Tags Required Or Face Closure”
The Lagos State Consumer Protection Agency has instructed supermarkets and grocery outlets in the state to exhibit pricing information on their products.
The agency cautioned that establishments failing to comply with the regulation may face penalties or closure.
This information was revealed in a statement published on the Lagos State Government’s official website 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, LASCOPA’s General Manager, Afolabi Solebo, emphasised that the absence of price tags is a violation of consumer rights and the Lagos State Consumer Protection Agency Law.
He stated that without clear price tags, shoppers cannot compare prices or make informed choices about their groceries, adding that such practices contradict the Consumer Protection Act, which mandates the clear display of prices for goods and services.
The statement added, “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 ”
In February, the Federal Competition and Consumer Protection Commission sealed a popular supermarket in the Garki area of Abuja, Sahad Store, for lack of transparency in the way it fixed prices for products
