Business
CPC Moves To Protect e-Consumers
The Consumer Protection Council (CPC) says it would collaborate with relevant stakeholders to deliberate on government’s regulatory policies to protect e-consumers to enlighten them on their rights.
The Director-General of CPC, Mr Babatunde Irukera said this at the e-Commerce Consumer Protection Forum organised by the Association for Public Policy Analysis (APPA), a Non-Governmental Organisation (NGO) in Abuja.
The theme of the forum was “Making Digital Marketing Fairer in Nigeria: Perspectives of Electricity, Banking and Telecommunication Sector’’.
Irukera was represented by Mrs Mercy Ogwu, the Assistant Director, Consumer Education Department of CPC.
According to him, e-commerce is a business transaction conducted electronically on the internet and has many advantages compared to conventional methods.
He said it was being faced with challenges such as cyber-crime, data theft and the like which led to financial loss, invasion of privacy and lack of adequate online redress mechanism among others.
The director-general said e-Commerce remained a topical issue in developing nations because of the complexity associated with digital marketing.
He said this was particularly in Nigeria where infrastructure, issue of trust and inefficiency of on-line services posed a great challenge.
According to him, the forum will proffer solution to these challenges to ensure a fairer digital market place.
Irukera implored participants at the forum to focus on e-consumer abuses and lapses in the identified sectors and proffer solutions that would benefit consumers.
The Executive Chairman, Abuja Municipal Area Council (AMAC), Mr AbdullahI Adamu, in his remarks pledged the council’s support to consumer benefit and protection.
“The Council is interested in supporting efforts that will make citizens that are e-consumers benefit and contribute to provision of efficient services by banks, telecommunications and electricity operators.
“We shall continue to encourage our people to take advantage of online banking concept that has made banking easy.’’
In his address, Mr Princewill Okorie, the National President, APPA reiterated the negative impressions of e-consumer offences to the growth of the nation.
According to Okorie, an appraisal of the travail of Nigerian e-consumers presently reveals impoverishment of the people instead of improving their well being.
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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