• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, July 20, 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’s Vocational Push Wins NAEC Honour After Youths Secure Jobs Within Days
Economy

Dafinone’s Vocational Push Wins NAEC Honour After Youths Secure Jobs Within Days

July 18, 2026
At Two Years, Jaro Egbo Unveils Infrastructure, Health, Education Milestones in Ughelli North
Economy

At Two Years, Jaro Egbo Unveils Infrastructure, Health, Education Milestones in Ughelli North

July 16, 2026
Oborevwori Reaffirms Even Development as Delta Attorney-General Unveils NYSC Lodge, Scholarships for Pupils, Empowers 130
Economy

Oborevwori Reaffirms Even Development as Delta Attorney-General Unveils NYSC Lodge, Scholarships for Pupils, Empowers 130

July 15, 2026
Oborevwori Effects Minor Cabinet Reshuffle, Names Three to DELSU Governing Council
Economy

10,000 Delta Widows Receive June Stipends as Oborevwori Sustains Welfare Lifeline

July 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

Spain Rule the World Again! Ferran Torres Fires Extra-Time Winner to Sink Argentina in 2026 FIFA World Cup Final

Spain Rule the World Again! Ferran Torres Fires Extra-Time Winner to Sink Argentina in 2026 FIFA World Cup Final

July 19, 2026
Oborevwori’s Education Drive Is Raising a New Generation, Says Fidelis Egugbo as Maris Schools Holds Thanksgiving

Oborevwori’s Education Drive Is Raising a New Generation, Says Fidelis Egugbo as Maris Schools Holds Thanksgiving

July 19, 2026
England Outgun France in 10-Goal Thriller to Clinch World Cup Bronze

England Outgun France in 10-Goal Thriller to Clinch World Cup Bronze

July 19, 2026
Dafinone’s Vocational Push Wins NAEC Honour After Youths Secure Jobs Within Days

Dafinone’s Vocational Push Wins NAEC Honour After Youths Secure Jobs Within Days

July 18, 2026
The fragility of the throne 

The fragility of the throne 

July 18, 2026

TRENDING STORIES

  • Police Arrest Content Creator ‘Odogwu of Asaba’ Over Alleged Rape Linked to 20-Year-Old Woman’s Death

    Police Arrest Content Creator ‘Odogwu of Asaba’ Over Alleged Rape Linked to 20-Year-Old Woman’s Death

    0 shares
    Share 0 Tweet 0
  • Oyede’s First Ovie Hails Oborevwori for Royal Confirmation

    0 shares
    Share 0 Tweet 0
  • ‘What Favours Omo-Agege Is Right; What Doesn’t Is Wrong,’ Group Claims Omo-Agege’s Politics Is Driven by Self-Interest

    0 shares
    Share 0 Tweet 0
  • Jaro Egbo Links Kidnappings, Other Crimes to Drug Trade, Vows Tougher Crackdown in Ughelli North

    0 shares
    Share 0 Tweet 0
  • Spain Rule the World Again! Ferran Torres Fires Extra-Time Winner to Sink Argentina in 2026 FIFA World Cup Final

    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.