• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, September 15, 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
September 9, 2021
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

Oborevwori Takes M.O.R.E. Agenda to the Creeks, Delivers 50 Boats to Fishermen
Economy

Oborevwori Takes M.O.R.E. Agenda to the Creeks, Delivers 50 Boats to Fishermen

September 14, 2026
Oborevwori to Host Delta Security Summit, Bringing Stakeholders Together for Safer Communities
Economy

Oborevwori to Swear in Delta Auditor-General, Inaugurate Governing Councils of Three Universities

September 14, 2026
A Bus for the Beat: ManRoy, TANTITA Donate Mobility Lifeline to NUJ Warri Correspondents’ Chapel
Communication

A Bus for the Beat: ManRoy, TANTITA Donate Mobility Lifeline to NUJ Warri Correspondents’ Chapel

September 10, 2026
After Two Years in Darkness, Opete Community Erupts in Jubilation as Oscar Ishaka Donates 500kVA Transformer
Economy

After Two Years in Darkness, Opete Community Erupts in Jubilation as Oscar Ishaka Donates 500kVA Transformer

September 10, 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

Oborevwori to Investors: Delta’s Future Lies Beyond Oil as New Investment Deals Gather Momentum

Why Urhobos must Vote Sheriff

September 15, 2026
Oborevwori Takes M.O.R.E. Agenda to the Creeks, Delivers 50 Boats to Fishermen

Oborevwori Takes M.O.R.E. Agenda to the Creeks, Delivers 50 Boats to Fishermen

September 14, 2026
Oborevwori to Host Delta Security Summit, Bringing Stakeholders Together for Safer Communities

Oborevwori to Swear in Delta Auditor-General, Inaugurate Governing Councils of Three Universities

September 14, 2026
Dafinone Takes Six-Over-Six Campaign to Ethiope West, Sapele as APC Leaders Vow Victory

Dafinone Takes Six-Over-Six Campaign to Ethiope West, Sapele as APC Leaders Vow Victory

September 14, 2026
2027: Egbo Assures Dafinone of APC Victory in Ughelli North

2027: Egbo Assures Dafinone of APC Victory in Ughelli North

September 13, 2026

TRENDING STORIES

  • NAWOJ South-South VP Stella Macaulay Condoles with Veteran Journalist Christy Ichofu Over Husband’s Death

    NAWOJ South-South VP Stella Macaulay Condoles with Veteran Journalist Christy Ichofu Over Husband’s Death

    0 shares
    Share 0 Tweet 0
  • Adjogbe Charges Ughelli North APC Female Youths to Take Renewed Hope Message to Grassroots

    0 shares
    Share 0 Tweet 0
  • Celine Dion Returns to Stage in Tears, Fulfils Promise to Fans After Six Years Away

    0 shares
    Share 0 Tweet 0
  • ‘I Will Never Support It’: Dafinone Defends Position on Sanubi-Orogun Gas Park

    0 shares
    Share 0 Tweet 0
  • Oborevwori to Swear in Delta Auditor-General, Inaugurate Governing Councils of Three Universities

    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.