• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, March 10, 2026
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Economy

Akeredolu bans unions, associations over incessant increases in prices of goods, services

by NewsNet Nigeria
5 years ago
in Economy
Akeredolu bans unions, associations over incessant increases in prices of goods, services

Governor Oluwarotimi Akeredolu

Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

Ondo State Governor, Oluwarotimi Akeredolu, has intervened to protect residents of the state from the soaring costs and incessant increases in prices of goods and services by artisans including farm produce and food items.

The Governor in a statement by the state Commissioner for Information and Orientation, Donald Ojogo, barred all 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/rendered by their members and non-members.

Akeredolu in the statement said the decision was taken in the overall socio-economic interest of the people of the State.

Read the full statement below:

“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”.

Previous Post

​NNPC Consolidates on Gains, Publishes 2020 Audited Financial Statements

Next Post

‘Majority of those involved in this banditry are Fulani’ – Gov Masari

MORE NEWS

Dafinone Hosts Abuja Meet-and-Greet, Urges Urhobo Professionals to Turn Unity into Opportunity
Economy

Dafinone Hosts Abuja Meet-and-Greet, Urges Urhobo Professionals to Turn Unity into Opportunity

March 9, 2026
Senator Nwoko Leads Call for Fiscal Responsibility in Nigeria’s Digital Economy
Communication

Senator Nwoko Leads Call for Fiscal Responsibility in Nigeria’s Digital Economy

March 8, 2026
Warri, Effurun Poised for Traffic Relief as Enerhen, DSC Flyovers Hit 99% Completion
Economy

Warri, Effurun Poised for Traffic Relief as Enerhen, DSC Flyovers Hit 99% Completion

March 8, 2026
Oborevwori: Delta Now ‘No-Go Area’ for Opposition as New Roads Open Up Communities
Economy

Oborevwori: Delta Now ‘No-Go Area’ for Opposition as New Roads Open Up Communities

March 7, 2026
Next Post
‘Majority of those involved in this banditry are Fulani’ – Gov Masari

'Majority of those involved in this banditry are Fulani' - Gov Masari

Leave Comment

RECENT STORIES

Your Number Plate Is Now the Tracker: Delta Rolls Out Smart Cameras to Enforce Traffic Laws

Your Number Plate Is Now the Tracker: Delta Rolls Out Smart Cameras to Enforce Traffic Laws

March 10, 2026
Senator Dafinone Hails Austin Ayemidejor as Beacon of Service on Birthday

Senator Dafinone Hails Austin Ayemidejor as Beacon of Service on Birthday

March 9, 2026
Ekiti 2026: Sustaining the BAO Effect

Ekiti 2026: Sustaining the BAO Effect

March 9, 2026
Fubara’s Commissioner List Hits Roadblock: Four Nominees Snubbed by Assembly

Fubara’s Commissioner List Hits Roadblock: Four Nominees Snubbed by Assembly

March 9, 2026
Dafinone Hosts Abuja Meet-and-Greet, Urges Urhobo Professionals to Turn Unity into Opportunity

Dafinone Hosts Abuja Meet-and-Greet, Urges Urhobo Professionals to Turn Unity into Opportunity

March 9, 2026

TRENDING STORIES

  • Arenyeka Takes the Helm as Oborevwori Fires APC’s 2027 Starting Gun in Delta

    Arenyeka Takes the Helm as Oborevwori Fires APC’s 2027 Starting Gun in Delta

    0 shares
    Share 0 Tweet 0
  • Warri, Effurun Poised for Traffic Relief as Enerhen, DSC Flyovers Hit 99% Completion

    0 shares
    Share 0 Tweet 0
  • Your Number Plate Is Now the Tracker: Delta Rolls Out Smart Cameras to Enforce Traffic Laws

    0 shares
    Share 0 Tweet 0
  • DESOPADEC Chairman Nani Celebrates Arenyeka’s Historic Emergence as Delta APC State Chairman

    0 shares
    Share 0 Tweet 0
  • “Our Voice Must Sit in the Senate” — Urhobo Women Rally Behind Olorogun John Nani’s 2027 Bid

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.