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The Lagos State Consumer Protection Agency (LASCOPA) has issued a directive requiring supermarkets and grocery stores in the state to display prices on their products or risk facing fines or closure. This mandate aims to enhance transparency and protect consumers from potential price exploitation.
According to a statement from the Lagos State Government, the absence of price tags on products violates consumer rights and the state’s Consumer Protection Agency Law. Afolabi Solebo, the General Manager of LASCOPA, emphasized that clear price tags enable consumers to compare prices and make informed purchasing decisions.
Failure to comply with this requirement will result in fines and possible closure of erring supermarkets, in accordance with consumer protection laws. Solebo urged consumers to report any instances of non-compliance to LASCOPA.
