• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, May 19, 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

Ogwashi-Uku Palace Dismisses ‘Murder, Kidnapping, Conviction’ Claims, Says Land Recovery Targets Illegal Encroachment
Economy

Ogwashi-Uku Palace Dismisses ‘Murder, Kidnapping, Conviction’ Claims, Says Land Recovery Targets Illegal Encroachment

May 17, 2026
Tobore Oborevwori, Fidelity Bank Lift 500 Delta Women With N40m Boost, Business Tools
Economy

Tobore Oborevwori, Fidelity Bank Lift 500 Delta Women With N40m Boost, Business Tools

May 12, 2026
Oborevwori Promises More Jobs for Delta Youths as Julius Berger Projects Expand
Economy

Oborevwori Promises More Jobs for Delta Youths as Julius Berger Projects Expand

May 11, 2026
From River Routes to Roads: Oborevwori Flags Off N29.8bn Aboh-Akarai Project
Economy

From River Routes to Roads: Oborevwori Flags Off N29.8bn Aboh-Akarai Project

May 6, 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

APC Primary Earthquake: Dafinone Crushes Omo-Agege Across Delta Central

APC Primary Earthquake: Dafinone Crushes Omo-Agege Across Delta Central

May 18, 2026
Delta APC Denies Attack on Ibori-Suenu, Confirms Peaceful LG Congress, Rejects Parallel Poll Claims

APC Gags Primary Committees, Orders National Assembly Results Moved To Abuja

May 17, 2026
Ibori’s Oghara Meeting and the Quiet Realignment Shaping Delta Politics Ahead of 2027

Ibori’s Oghara Meeting and the Quiet Realignment Shaping Delta Politics Ahead of 2027

May 17, 2026
Oborevwori Becomes First Non-Itsekiri To Receive Prestigious ROI Honour As Kingdom Endorses Him, Tinubu For Second Term

Oborevwori Becomes First Non-Itsekiri To Receive Prestigious ROI Honour As Kingdom Endorses Him, Tinubu For Second Term

May 17, 2026
When Leadership Feels Personal: My Emotional Encounters with Senator Nwoko That Changed My Perception

Delta North APC Primary: Why Ned Nwoko Is Seen As Anioma’s Best Bet

May 17, 2026

TRENDING STORIES

  • How Delta Bishop Was Allegedly Killed By Trusted Driver Over Prado Jeep

    How Delta Bishop Was Allegedly Killed By Trusted Driver Over Prado Jeep

    0 shares
    Share 0 Tweet 0
  • APC Clears 46, Disqualifies 36 Delta Assembly Aspirants Over Alleged Bribery, Certificate Discrepancies

    0 shares
    Share 0 Tweet 0
  • Federal High Court Remands ‘Wong Box’ Victor Ojei Over Alleged Cyberbullying of Obi of Ogwashi-Uku

    0 shares
    Share 0 Tweet 0
  • APC Primary Earthquake: Dafinone Crushes Omo-Agege Across Delta Central

    0 shares
    Share 0 Tweet 0
  • Ahead of APC Primaries, Ahwinahwi Secures Massive Grassroots Endorsement Across Three Delta LGAs

    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.