• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, September 8, 2025
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
4 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

Ubara Family Petitions Delta CJ over Magistrate’s “Overreaching” Order in Burial Dispute
Crime

Ex-NNPC Official Faces 25 Years in U.S. Jail Over $2.1m Bribery Case

September 3, 2025
Age Falsification: Fear of Oborevwori’s sledgehammer forces top directors to voluntarily retire
Economy

Delta at 34: Mulade Tasks Gov. Oborevwori on Riverine Infrastructure

August 25, 2025
Delta Govt Awards ₦35bn Effurun–Sapele Road Reconstruction to CCECC
Economy

Delta Govt Awards ₦35bn Effurun–Sapele Road Reconstruction to CCECC

August 22, 2025
Dafinone Builds Support Network of Urhobos in Abuja, Pushes for Ethnic Empowerment
Economy

Dafinone Builds Support Network of Urhobos in Abuja, Pushes for Ethnic Empowerment

August 22, 2025
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

Mother Rejects N5m Over Son’s Alleged Killing by Police Guarding Cross River Governor’s Residence

Mother Rejects N5m Over Son’s Alleged Killing by Police Guarding Cross River Governor’s Residence

September 8, 2025
Again, Dafinone Pledges Sponsorship of Urhobo Language Competition in Memory of Pius Ewherido

Again, Dafinone Pledges Sponsorship of Urhobo Language Competition in Memory of Pius Ewherido

September 7, 2025
Charles Aniagwu: Celebrating a Truly Good Man by Every Standard

Charles Aniagwu: Celebrating a Truly Good Man by Every Standard

September 7, 2025
PIA: Urhobo Monarchs Inaugurate Palace Representatives in Oil, Gas Communities

PIA: Urhobo Monarchs Inaugurate Palace Representatives in Oil, Gas Communities

September 7, 2025
Ekiti State: What? Who will upset the applecart?

Ekiti State: What? Who will upset the applecart?

September 6, 2025

TRENDING STORIES

  • Dr. Gloria Patrick-Ferife Emerges as National President of Ophthalmological Society of Nigeria

    Dr. Gloria Patrick-Ferife Emerges as National President of Ophthalmological Society of Nigeria

    0 shares
    Share 0 Tweet 0
  • Seven benefits of breast sucking to women by experts

    0 shares
    Share 0 Tweet 0
  • Delta Govt Releases 2025/2026 Academic Calendar as First Term Begins September 8

    0 shares
    Share 0 Tweet 0
  • Group Cautions Tinubu Against Alleged Sale of Nigeria’s Oil, Gas JV Assets

    0 shares
    Share 0 Tweet 0
  • PIA: Urhobo Monarchs Inaugurate Palace Representatives in Oil, Gas Communities

    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.