Business
CPC Seeks Redress Desks For Supermarkets
The Consumer Protection Council (CPC), has tasked operators of supermarkets to establish consumer redress desks in their shops to handle complaints from customers.
Its Director-General, Mrs Ify Umenyi, gave the directive at a stakeholders’ meeting in Abuja on Tuesday.
She said that such a mechanism would enable the resolution of disputes within the ambit of the law.
“Most shops do not have a good consumer redress mechanism, evidenced by cases the council handles.
“A good redress mechanism would easily avail the consumer of redress where there are issues with the product bought.’’
Umenyi said the council had noticed that some supermarkets stocked goods which had no form of labeling to provide the consumer with adequate information before purchase.
She told operators that products must be appropriately labeled as required by the National Agency for Food, Drug Administration and Control (NAFDAC) and the Standards Organisation of Nigeria (SON).
She advised consumers to demand for receipts after purchase as the receipts described the products bought, price sold, date/time of purchase and name and details of the retailer.
Umenyi urged consumers to avail themselves of warranties on products bought in times of complaints.
“The law provides for manufacturer’s warranty and in some cases, retailers’ warranty.
“In the case of the former, the exercise of consumers’ rights under these warranties must necessarily be done through the retailer.
According to the director-general, it is no excuse for the retailers to claim that they only sell the goods and do not manufacture them.
“They must be the middle man in all situations, it must be noted that where consumers have an assurance of support when a product is faulty, there is likely to be a patronage of the same shop.’’
Also, Mr Yakubu Umar, the Desk Officer of SON’s Conformity Assessment Programme (SONCAP), said the supermarkets must obtain SONCAP certificates before importing anything.
Responding, Mr Salman Mohammed, the Manager of Electronics, “Sahad Stores’’, said there was need for consumers who return goods on warranty grounds not to abuse the privilege.
He said that some customers returned goods they had mismanaged and request an automatic change.
Mohammed said there was need for the supermarkets to be given time to return such goods to the manufacturers.
In his contribution, Mr Mattew Agbi, a representative of “Park n Shop’’, complained that some customers change their minds after purchasing a product and demand for change without any defects on the products.
Agbi called for proper education of consumers on warranty rights to enable them understand and abide by the terms.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics5 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business5 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports5 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business5 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment5 days agoAdekunle Gold, Simi Welcome Twin Babies
