• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, May 4, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

FCCPC advises customers on redress for defective, unsafe goods

FCCPC

The Matters Press by The Matters Press
June 29, 2022
Reading Time: 2 mins read
0
FCCPC, Shippers’ Council sign agreement for fair competition

The Federal Competition and Consumer Protection Commission (FCCPC), has urged consumers’ to seek redress from supermarkets and service providers over purchase of a defective goods and items.

RELATED POSTS

IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar

ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR

Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

Mr Babatunde Irukera, the Executive Vice Chairman of the Commission, said in Abuja on Wednesday that the Federal Competition and Consumer Protection Act (FCCPA) reserved the right for consumers to return goods and supermarkets were obliged to comply with it.

Some supermarkets and traders usually refuse a repair, replacement or refund of some faulty goods purchased from them by their customers.

He said that consumers’ could seek redress directly from the manufacturer, importer or distributor in line with Sections 136 and 116 of the Act.

He said that the Act stipulated that manufacturers, importers or distributors of goods were required to label or describe the goods in a manner that would be easily traceable to them to enable consumers reach them.

Irukera said that consumers could file a complaint to the Commission where producers or providers failed to comply with the law, including with respect to return, repair or refund.

”They have to also provide an implied warranty that the goods are of good quality and suitable for the purpose for which they are intended.

”Section 132(2) stipulates that consumers may return goods which do not meet the required standards to the undertaking that supplied the goods within three months after the delivery of the goods to the consumer.

”The undertaking shall either repair or replace the failed, unsafe or defective goods or refund to the consumer the price paid for the goods.

”Consumers have multiple avenues for redress in such situations, ” he said.
On the digital money lenders ‘loan sharks’ investigation, Irukera said the Commission had developed a Limited Interim Regulatory/Registration Framework and Guidelines to provide guidance to the operators and businesses.

The executive vice chairman said the guideline was pending the development of a more comprehensive framework by the Ad-hoc Joint Task Force.

According to him, more recently, the Commission has commenced discussions with payment platforms to understand their relationship with unethical money lenders.

Irukera said the Commission had also issued orders to suspend certain businesses from using the payment gateway services for the purpose of processing loan repayments from their customers.

”As you may be aware, the Commission has frozen the bank accounts and payment platforms of some digital money lenders in order to suspend their activities.

”The Commission has issued orders to app stores to drawdown certain applications and to guide the process/requirements for publishing new digital money lending apps on the app stores”.

Tags: FCCPC
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Tinubu explains mission as he marks second year in office
Economy/Technology

IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar

April 29, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR

April 29, 2026
Calabar Port receives 72 vessels in 5 months
Economy/Technology

Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

April 18, 2026
TMSG to ADC: You are a motley crew of power mongers, palace jesters
Economy/Technology

TMSG to ADC: You are a motley crew of power mongers, palace jesters

April 6, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity

April 3, 2026
Presidential aides hail IMPI’s boss, Akinsiju at 63, commend his role in advancing Nigeria’s reform.
Economy/Technology

Why Nigeria must use oil windfall to build a more resilient economy – IMPI

March 30, 2026
Next Post
e-IPO hits stock market in March

Unclaimed dividends hit N180bn

AfCFTA’s potential for enterprises dominates discussion

Sanwo-Olu tasks MSMEs on digitalisation to harness AfCFTA benefits

Recommended Stories

Commission plans to liberate 38% illiterate Nigerians

Tinubu’s request of N500 bn for palliatives to Nigerians commendable – expert

July 13, 2023
NLC to introduce detention allowance for members

Ajaero speaks on Tinubu’s economic policies at 21 Trust Dialogue

January 23, 2024
NBS reports increase in Inflation

Zulum meets marketers over inflation

February 15, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
  • ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR
  • Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us