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Lagos agency recovers ₦450m, prosecutes erring businesses

Lagos State Government
Lagos State Government

Lagos State government has recovered more than ₦450 million for consumers through interventions carried out by the Lagos State Consumer Protection Agency (LASCOPA), as part of efforts to protect residents from unfair trade practices and exploitation.

The Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Bada Ambrose-Medebem, disclosed this during the 2026 Ministerial Press Briefing held at the Bagauda Kaltho Press Centre, Alausa, Ikeja, on Wednesday.

According to the commissioner, LASCOPA received 4,412 complaints from consumers during the review period and successfully resolved 3,687 of the cases through mediation and enforcement mechanisms.

She stated that the agency recovered a total of ₦450,698,426.22 on behalf of aggrieved consumers across the state.

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“A further 621 cases are ongoing, while 107 were referred to other State Government agencies,” Ambrose-Medebem explained.

The commissioner noted that the agency intensified market surveillance and enforcement operations across Lagos to curb deceptive business practices and protect consumer rights.

According to her, LASCOPA monitored over 1,200 markets, supermarkets, stores and service outlets across the state during the period under review.

She said the enforcement operations targeted unfair pricing, counterfeit products, expired goods, hazardous items and other substandard products capable of endangering consumers.

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According to her, out of the businesses monitored, 1,152 outlets were found compliant with consumer protection regulations, while more than 48 non-compliant businesses were sanctioned or prosecuted.

Ambrose-Medebem said the Sanwo-Olu administration remained committed to strengthening consumer confidence, ensuring fair trade practices and creating a safer commercial environment for Lagos residents.

She added that the state government would continue to improve complaint resolution mechanisms and intensify enforcement actions against businesses engaging in exploitative or illegal practices.

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