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FCCPC, LASCOPA Sign MoU to Bolster Consumer Protection and Dispute Resolution

"Today’s event is significant because it reflects a shared commitment to improving the daily experience of consumers and strengthening fair business conduct through practical institutional cooperation"

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The Federal Competition and Consumer Protection Commission (FCCPC) and the Lagos State Consumer Protection Agency (LASCOPA) have established a new collaborative framework designed to bolster consumer rights and streamline complaint resolution in Lagos.
This strategic alliance aims to enforce fair business practices through more rigorous oversight and institutional synergy.
Persecondnews correspondent who was at the event, reports that the partnership was formalized on Tuesday at the FCCPC headquarters in Abuja with the signing of a Memorandum of Understanding (MoU).
 FCCPC Executive Vice Chairman/CEO Mr. Tunji Bello and LASCOPA General Manager Afolabi Solebo presided over the ceremony.
Bello hailed the agreement as a “significant leap forward” in improving the daily experiences of consumers through deeper inter-agency cooperation.
He noted that consumer protection now touches almost every part of modern life—from transportation, food, housing and healthcare to digital services, financial transactions, e-commerce, product safety, pricing transparency, advertising practices and essential services.”Citizens are increasingly demanding fairness, accountability and easy-to-access channels for redress whenever things go wrong.

“Today’s event is significant because it reflects a shared commitment to improving the daily experience of consumers and strengthening fair business conduct through practical institutional cooperation,” Bello said.

As markets grow more complex, consumer complaints have also become far more intricate, often spanning several sectors and crossing different jurisdictions at once.

 “This reality requires regulators to be coordinated, responsive, and forward-looking. That is why this partnership matters,” he added.

Bello reminded stakeholders that the FCCPC, established by the Federal Competition and Consumer Protection Act of 2018, continues to drive competition, safeguard consumers and uphold fair market conduct through enforcement, market surveillance, complaint handling, advocacy and public education.

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He noted that genuine protection cannot be managed from Abuja alone, because many issues arise locally and need fast, on-the-ground action.

“State institutions are therefore indispensable partners in building a credible and accessible consumer protection framework across the federation,” he said.

Lagos holds a special place as Nigeria’s biggest commercial powerhouse, home to a huge population of consumers, businesses, digital companies, logistics networks, financial players and service providers.

 Its fast-moving economic environment means regulatory innovation is not just useful but truly impactful.

 Bello, who once served in Lagos State, said he fully understands the scale and complexity of running affairs there and believes public institutions must keep evolving to match changing realities.

He also pointed to the FCCPC’s South-West Zonal Office in Lagos as a ready-made operational hub that will support hands-on collaboration between the two agencies.

The partnership will focus on joint complaint handling, intelligence sharing, consumer education drives and coordinated interventions wherever necessary.

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