• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, June 13, 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

Senate Orders Mele Kyari’s Arrest Over Alleged N210 Trillion NNPCL Discrepancy
Economy

Senate Orders Mele Kyari’s Arrest Over Alleged N210 Trillion NNPCL Discrepancy

June 11, 2026
Delta’s Governance Ranking Reflects Strategic Investments, Strong Leadership — Adjogbe
Economy

Delta’s Governance Ranking Reflects Strategic Investments, Strong Leadership — Adjogbe

June 10, 2026
DESOPADEC Boss Nani Hails Oborevwori as Delta Ranks Nigeria’s Second Best-Governed State
Economy

DESOPADEC Boss Nani Hails Oborevwori as Delta Ranks Nigeria’s Second Best-Governed State

June 10, 2026
2027: Ndokwa Nation Backs Oborevwori, Condemns Power Infrastructure Vandalism, Welcomes More Development Pledge
Economy

2027: Ndokwa Nation Backs Oborevwori, Condemns Power Infrastructure Vandalism, Welcomes More Development Pledge

June 9, 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

Three Years After: Dafinone Reflects on Senate Journey, Renews Pledge to Delta Central

Three Years After: Dafinone Reflects on Senate Journey, Renews Pledge to Delta Central

June 13, 2026
Delta Police Arrest Four Suspected Gun Runners Linked to Effurun Beretta Pistol Case

Midnight Distress? Delta Police Reveal Emergency Numbers to Call

June 12, 2026
3rd Anniversary: Oborevwori to Unveil 18km Road Network Connecting Ndokwa West Communities

‘Greater Days Ahead’ — Oborevwori Marks Democracy Day with Message of Hope

June 12, 2026
Ede Dafinone’s Declaration: A Defining Moment for Delta Central’s Political Future

Democracy Day: Dafinone Calls for Unity, Civic Participation, APC Consolidation

June 12, 2026
Senate Orders Mele Kyari’s Arrest Over Alleged N210 Trillion NNPCL Discrepancy

Senate Orders Mele Kyari’s Arrest Over Alleged N210 Trillion NNPCL Discrepancy

June 11, 2026

TRENDING STORIES

  • Delta Police Arrest Four Suspected Gun Runners Linked to Effurun Beretta Pistol Case

    Delta Police Arrest Four Suspected Gun Runners Linked to Effurun Beretta Pistol Case

    0 shares
    Share 0 Tweet 0
  • INEC Restores Six Delta Assembly Constituencies Ahead of 2027 Polls, Orders Fresh Party Primaries

    0 shares
    Share 0 Tweet 0
  • Hunt for Alleged Drug Kingpin Ends in Chaos as Security Raid Leaves Trail of Destruction in Delta Community

    0 shares
    Share 0 Tweet 0
  • Rejoinder: Emerhor Did Not Build APC Delta, History Will Not Be Rewritten

    0 shares
    Share 0 Tweet 0
  • Midnight Distress? Delta Police Reveal Emergency Numbers to Call

    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.