• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • Politics/Elections
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • Judiciary/Legislature/Law & Human Rights
    • Oil & Gas/Mineral Resources
    • Press Freedom/Media/PR/Journalism
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • Why Niger’s govt should embrace small-tech tools for smallholder farmers
  • Niger strengthens economic with Russia ties in agriculture, mining
  • Nigeria’s overhauled tax laws now officially gazetted
  • Natasha: Why Senate must enforce its rules – Adaramodu
  • CBN launches PSV 2028 to drive Nigeria’s digital payments transformation
  • EFCC quizzes Ex-NNPCL GMD Kyari, releases him after questioning
  • FG inaugurates committee to plan Nigeria’s 65th independence day celebrations
  • Malawi study finds breathlessness increases long-term mortality risk
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    Why Niger’s govt should embrace small-tech tools for smallholder farmers

    September 11, 2025

    Niger strengthens economic with Russia ties in agriculture, mining

    September 11, 2025

    FCCPC warns farmers, vendors against harmful chemicals in food processing

    September 10, 2025

    Hunger, poor healthcare kill 3 in Niger IDP camps

    September 10, 2025

    Sokoto farmers celebrate abundant harvest as maize, millet, and rice prices decline

    September 10, 2025
  • Sci & Tech

    CBN launches PSV 2028 to drive Nigeria’s digital payments transformation

    September 11, 2025

    Nigeria signs agreement with International Solar Alliance

    September 10, 2025

    New 6G chip achieves speeds over 100 Gbps, ushering in a wireless revolution

    September 10, 2025

    Kano gets new solar-powered oxygen plant

    September 10, 2025

    New technologies can solve national challenges – FG

    September 10, 2025
  • Health

    Customs blocks N13bn drug smuggling at Onne Port

    September 10, 2025

    Outbreak of diphtheria claims 10 children in Niger

    September 10, 2025

    Tinubu declares reliable power in hospitals a national priority to save lives

    September 10, 2025

    Health emergency in Malabu over ulcer outbreak

    September 10, 2025

    Niger partners Zenith Kidney Centre to boost healthcare

    September 10, 2025
  • Environment

    Dangote Cement pays N3.3trn dividends in 15 years

    September 10, 2025

    AUC chief demands climate justice for Africa

    September 10, 2025

    UN allocates $5m to mitigate flood risks in Nigeria

    September 10, 2025

    EU’s Teresa Ribera calls for stronger Africa–EU climate partnership to drive green growth

    September 10, 2025

    LAWMA reduces waste pollution in FESTAC, say residents

    September 10, 2025
  • Hausa News

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025

    Dan majalisa ya raba kayan miliyoyi a Funtuwa da Dandume

    March 18, 2025

    [VIDIYO] Fassarar mafalki akan aikin Hajji

    January 6, 2025
  • More
    1. Business/Banking & Finance
    2. Politics/Elections
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. Judiciary/Legislature/Law & Human Rights
    24. Oil & Gas/Mineral Resources
    25. Press Freedom/Media/PR/Journalism
    26. General News
    27. Presidency
    Featured
    Recent

    Why Niger’s govt should embrace small-tech tools for smallholder farmers

    September 11, 2025

    Niger strengthens economic with Russia ties in agriculture, mining

    September 11, 2025

    Nigeria’s overhauled tax laws now officially gazetted

    September 11, 2025
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    Why Niger’s govt should embrace small-tech tools for smallholder farmers

    September 11, 2025

    Niger strengthens economic with Russia ties in agriculture, mining

    September 11, 2025

    Nigeria’s overhauled tax laws now officially gazetted

    September 11, 2025
  • Wire News
  • The Stories
AsheNewsAsheNews
Home»General News»Lagos market leaders warn traders’ associations against arbitrary prices
General News

Lagos market leaders warn traders’ associations against arbitrary prices

NewsdeskBy NewsdeskApril 3, 2023Updated:April 3, 2023No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Market leaders in Lagos State have warned traders’ associations in markets to refrain from imposing uniform prices on their goods as well as other exploitative practices.

Some of the market leaders gave the warning in separate interviews on Monday in Lagos.

They were responding to complaints that traders’ associations arbitrarily fix the prices of their goods , and rip off those who patronise them through some other exploitative practices.

Mrs Rukayat Ailero,Iyaloja of a community market in Ayobo area of the state, said traders associations are formed to protect the interests of members and not to exploit their customers.

While describing arbitrary fixing of prices as dishonest, Ailero said any association found compelling their members to sell at certain prices in the market would be sanctioned .

“Traders associations ,just like professional associations, are formed to protect the interests of their members .They are not formed to harm or exploit those who patronise them.

“It is wrong to say that people should sell at certain prices ,most times ,for profiteering .

”Everyone should be allowed to decide what price to sell his goods and the price has to be fair .We will not allow that.Any association found doing such will be sanctioned and reported to the appropriate authorities”,she said.

Ailero urged traders ,especially those who sell staples like rice ,beans and garri ,to ensure their customers get value all the time by using standard measures to sell to them.

She also advised traders’ associations to warn their members against selling expired or sub-standard goods.

Also speaking,Taofikat Allyson,Iyaloja of Ikorodu market, said traders associations have no right to compel their members to sell at certain prices, describing the practice as unfair.

According to her, prices should be allowed to be determined by the forces of demand and supply as well as cost of buying goods.

“Nobody can or should fix prices of any commodity in the market ,the prices of goods should be based on the amount you buy at the main market.

“No association has the right to fix prices .We understand associations such as that of pepper grinders ask members not to go below certain prices to ensure all members get patronage.If the prices are fair ,it is okay.But arbitrary pricing? No”,she said.

Taibat Tijani, Iyaloja General of Agege market ,also warned traders’ associations against fixing prices of their commodities, describing the practice as unfair.

She said customers deserve to be treated well by traders as they are the ones who sustain their businesses through patronage.

Tijani, however, said no case of arbitrary fixing of prices had been reported to her at the market.

“Traders here in Agege sell their goods according to how he or she gets them from the supply source.

“To the best of my knowledge,no one is compelling traders to sell at high prices here at the market”she said.

Some traders’ associations also denied fixing of prices of goods and services, saying the allegation was baseless.

Mr Wasiu Alade, Vice -Chairman ,Ifelagba Butchers’ Association ,Badagry, said that the association had no business fixing prices.

According to him, the prices at which members sell mutton, beef or goat meat depend on the amount they buy at Alaba Rago market.

“Our association does not decide how we sell to customers .Selling depends on how much one gets his ram or goat.

“One has to be careful on how he sells because many others are selling too.So ,when your price is high ,the customer leaves”,he said.

Alade said the association’s responsibility was to co-ordinate the affairs of meat sellers in Badagry.

“We meet every Sunday to deliberate on the progress of members and contribute money to help those in need.

“What you sell and how you sell your meat depends on what you buy at the ram markets”,he said.

Mrs Grace Godonu, the Chairman, Itesiwaju Frozen Foods Association, Agbalata Market, Badagry, said the association does not fix prices and that it only helps members to grow.

“If you like you can sell your fish or chicken less so that customers can patronise your shop, at the end of the day, you will know if you have gained or you run into debt.

“Most of us buy our frozen products in the same cold room in Badagry and Mowo areas and the price is always same.

“What we do is to add a little so that we can make profit at the end of the day ,” she said.

She said that members of the association meet every Sunday to deliberate on issues affecting members of the association.

“We don’t fix price at the meeting, but if we have a member that has reduced his price to gain more customers, we always caution such member.

“We always contribute weekly to assist members to grow their businesses,”she said

Lagos state Market leaders Prices
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Newsdesk
  • Website

Related Posts

Nigeria’s overhauled tax laws now officially gazetted

September 11, 2025

CBN launches PSV 2028 to drive Nigeria’s digital payments transformation

September 11, 2025

FG inaugurates committee to plan Nigeria’s 65th independence day celebrations

September 11, 2025

Leave A Reply Cancel Reply

Why Niger’s govt should embrace small-tech tools for smallholder farmers

September 11, 2025

Niger strengthens economic with Russia ties in agriculture, mining

September 11, 2025

Nigeria’s overhauled tax laws now officially gazetted

September 11, 2025

Natasha: Why Senate must enforce its rules – Adaramodu

September 11, 2025
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2025 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.