LAGOS—Governor Babatunde Fashola of Lagos State, yesterday, signed into law a bill establishing Consumer Protection Agency, aimed at tackling the influx of substandard or hazardous goods and services from the market.
Fashola who signed the bill into law at the state House Alausa, Ikeja, said: “The new agency will make consumers king and strengthen their commercial and purchasing power.
“In every economy, the customer is king. And Lagos cannot be different. The purpose is to protect consumers and to ensure that they get value for their money. And to ensure the goods that are presented to them fit for the purpose for which they are set to do.
“With the law, manufacturers would raise their service level and compliance level and it will help improve the quality and standard of goods that are put in the market.
Speaking earlier, the Attorney-General and Commissioner for Justice, Mr. Adeola Ipaye said that the objective of the law is to establish an agency to protect the rights of consumers.