• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, July 11, 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

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
Fidelis Adjogbe Hails Gov. Oborevwori’s Historic 13th-Month Salary for Delta Civil Servants
Economy

Fidelis Adjogbe Hails Gov. Oborevwori’s Historic 13th-Month Salary for Delta Civil Servants

July 5, 2026
Oborevwori to Host Delta Security Summit, Bringing Stakeholders Together for Safer Communities
Economy

Delta to Make 13th-Month Salary Permanent as Oborevwori Approves Teachers’ Recruitment, CNG Buses

July 4, 2026
GACAA Unveils New Identity, Launches Niger Delta Advancement Honors, Opens 2026 Nominations
Economy

GACAA Unveils New Identity, Launches Niger Delta Advancement Honors, Opens 2026 Nominations

July 2, 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

Delta Governor’s Spokesman, Ahon Hails Enebeli at 60, Praises Legacy of Ethical Journalism

Delta Governor’s Spokesman, Ahon Hails Enebeli at 60, Praises Legacy of Ethical Journalism

July 10, 2026
‘Welcome Home’: OYOSUBEB Boss Celebrates Return of Freed Teachers, Pupils

‘Welcome Home’: OYOSUBEB Boss Celebrates Return of Freed Teachers, Pupils

July 10, 2026
Tears Turn to Joy as Abducted Oyo Teachers, Pupils Return Home After 56 Days

Tears Turn to Joy as Abducted Oyo Teachers, Pupils Return Home After 56 Days

July 10, 2026
Oborevwori Effects Minor Cabinet Reshuffle, Names Three to DELSU Governing Council

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

July 10, 2026
Catholic Archdiocese of Benin City Loses Archbishop Augustine Akubeze at 69

Catholic Archdiocese of Benin City Loses Archbishop Augustine Akubeze at 69

July 10, 2026

TRENDING STORIES

  • Viral Flogging Video: Delta Police Arrest Emevor Community Chairman, Two Others, Arraign Them in Court

    Viral Flogging Video: Delta Police Arrest Emevor Community Chairman, Two Others, Arraign Them in Court

    0 shares
    Share 0 Tweet 0
  • Delta to Make 13th-Month Salary Permanent as Oborevwori Approves Teachers’ Recruitment, CNG Buses

    0 shares
    Share 0 Tweet 0
  • Delta Executive Council Approves HRM Goodnews Agbi as First Ovie of Oyede Kingdom

    0 shares
    Share 0 Tweet 0
  • Ogwashi-Uku Youth Stakeholders Condemn Dissident Group, Warn Against Actions That Could Threaten Peace

    0 shares
    Share 0 Tweet 0
  • Omo-Agege Fires Back at Oborevwori: Governor’s Defence of Egbetamah Removal Exposes His Role in Unconstitutional Act

    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.