Skip to content
August 7, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Consumer rights: We’ll no longer tolerate companies’ no-refund policy – LASG
  • Business & Economy
  • National News

Consumer rights: We’ll no longer tolerate companies’ no-refund policy – LASG

Admin October 20, 2022
prevention guild

October 20, 2022

Lagos State Government will no longer tolerate the no-refund policy of some companies as indicated in their products’ sales receipts.

The General Manager of Lagos State Consumer Protection Agency (LASCOPA), Mr. Afolabi Solebo, said on Thursday in Lagos that such a policy violated consumer rights.

Solebo made the disclosure in an interview with the News Agency of Nigeria (NAN).

LASCOPA was established to provide consumer protection, create sustainable confidence in consumers and ensure that they get value for their money.

Solebo said that the agency had zero tolerance for breach of consumer rights in Lagos State.

According to him, the era of no-refund policy on consumer goods which prevents return of counterfeit or unsatisfactory products is over in the state.

“Companies stating no-refund policy on their receipts is when they sell substandard products and, if you buy and have a complaint, they will not take the product back.

“It is unfortunate that in this clime, we are still used to sellers telling us or writing at the back or tail end of their receipts that goods bought cannot be returned.

“I will quickly make reference to a judgment of Enugu State High Court around April 2022 when a passenger that bought a ticket to board a vehicle was no longer interested in the journey. He asked for refund but the company refused to pay him,’’ he said.

Solebo narrated that the passenger went to court and secured a judgment based on Section 120 of the Federal Competition and Consumer Protection Act, which had to do with cancellations.

“The judgment says that you can actually make a booking, be it hotel or transportation, and if you are not satisfied or if you don’t want to go ahead with the agreement or reservation or booking, you have the right to cancel it.

“It is just like making an order through Jiji and you are not satisfied with it, you have the right to return it,” he said.

Solebo described Lagos as a cosmopolitan state and the commercial nerve centre of Nigeria and Sub-Saharan Africa with estimated population of 24 million people.

He said that the state recorded influx of traders and business activities which led to daily violation of consumer rights manifesting in sales of substandard and unwholesome goods.

He said the practice must stop.

Solebo reiterated the agency’s determination to deal with all issues regarding consumer rights.

According to him, the agency, covers areas such as foods and beverages, banking and finance, insurance and online transactions.

He advised consumers to seek the agency’s intervention in cases of infringement on their rights.

(NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Jiji LASCOPA Mr. Afolabi Solebo

Post navigation

Previous Fake EFCC Operative Arrested for Defrauding Belgian €45,000
Next INTERPOL Arrests Over 70 Suspected Fraudsters Linked To Black Axe Cult In Nigeria

Related Stories

Again, Atiku blasts Tinubu over Osun account order, challenges President to order ICPC to free El-Rufai Atiku Abubakar
  • National News

Again, Atiku blasts Tinubu over Osun account order, challenges President to order ICPC to free El-Rufai

August 7, 2026
Rebound from N30trn in 2023 to N160trn in 3 years, Tinubu commends NGX, Economic Team
  • Business & Economy

Rebound from N30trn in 2023 to N160trn in 3 years, Tinubu commends NGX, Economic Team

August 7, 2026
7 abducted Poly students rescued in Ogun outbreak
  • National News

7 abducted Poly students rescued in Ogun

August 6, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Again, Atiku blasts Tinubu over Osun account order, challenges President to order ICPC to free El-Rufai Atiku Abubakar
  • National News

Again, Atiku blasts Tinubu over Osun account order, challenges President to order ICPC to free El-Rufai

August 7, 2026
PFIPC: Adeniyi’s appointment letter fake, did not originate from Presidency: ICPC claims
  • Crime and Justice

PFIPC: Adeniyi’s appointment letter fake, did not originate from Presidency: ICPC claims

August 7, 2026
Rebound from N30trn in 2023 to N160trn in 3 years, Tinubu commends NGX, Economic Team
  • Business & Economy

Rebound from N30trn in 2023 to N160trn in 3 years, Tinubu commends NGX, Economic Team

August 7, 2026
7 abducted Poly students rescued in Ogun outbreak
  • National News

7 abducted Poly students rescued in Ogun

August 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.