• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • POLITICS
    • 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
    • LAW & HUMAN RIGHTS
    • Oil & Gas/Mineral Resources
    • PRESS FREEDOM/JOURNALISM/PR
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • NAFN urges Tinubu to attend 2026 agricultural show
  • Kogi health ministry commends sightsavers for white cane donation
  • Odii pledges better healthcare if elected
  • LASTMA rescues motorist after car-train crash in Oshodi
  • BATMEDICS gives free eye screening to 500 FCT drivers
  • Inyang’s election puts Nigeria at forefront of global oil palm smallholder movement
  • Ojokoro LCDA chair urges residents to collect PVCs
  • Expert urges climate-smart farming to boost output
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    NAFN urges Tinubu to attend 2026 agricultural show

    October 9, 2026

    Inyang’s election puts Nigeria at forefront of global oil palm smallholder movement

    October 9, 2026

    Expert urges climate-smart farming to boost output

    October 9, 2026

    Bauchi ministry condemns contact chemicals for grain preservation

    October 9, 2026

    FG inaugurates financial and digital monitoring system for SAPZ

    October 9, 2026
  • Sci & Tech

    AI surge poses new risks, BIS head says

    October 9, 2026

    Kogi leverages satellite intelligence to curb insecurity – Adviser

    October 8, 2026

    Nigeria among Africa’s top AI hubs – World bank

    October 8, 2026

    Quest Merchant bank concludes 2026 questember programme

    October 8, 2026

    Digital infrastructure key gap in Nigeria’s tech ecosystem – Expert

    October 7, 2026
  • Health

    Kogi health ministry commends sightsavers for white cane donation

    October 9, 2026

    Odii pledges better healthcare if elected

    October 9, 2026

    BATMEDICS gives free eye screening to 500 FCT drivers

    October 9, 2026

    KHETFUND hands over Bargi health post project to contractor

    October 9, 2026

    UNICEF urges Imo to boost maternal, child nutrition funding

    October 9, 2026
  • Environment

    LASTMA rescues motorist after car-train crash in Oshodi

    October 9, 2026

    Ojokoro LCDA chair urges residents to collect PVCs

    October 9, 2026

    FAAN to temporarily close Owerri airport runway for repairs

    October 9, 2026

    FG releases 8 months’ salary arrears to SSANU, averts strike

    October 7, 2026

    Passenger dies on Kenya airways flight to Lagos

    October 7, 2026
  • Hausa News

    UNA signs MoU to launch air Bissau in Guinea-Bissau

    June 15, 2026

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    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
  • More
    1. Business/Banking & Finance
    2. POLITICS
    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. LAW & HUMAN RIGHTS
    24. Oil & Gas/Mineral Resources
    25. PRESS FREEDOM/JOURNALISM/PR
    26. General News
    27. Presidency
    Featured
    Recent

    NAFN urges Tinubu to attend 2026 agricultural show

    October 9, 2026

    Kogi health ministry commends sightsavers for white cane donation

    October 9, 2026

    Odii pledges better healthcare if elected

    October 9, 2026
  • 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

    NAFN urges Tinubu to attend 2026 agricultural show

    October 9, 2026

    Kogi health ministry commends sightsavers for white cane donation

    October 9, 2026

    Odii pledges better healthcare if elected

    October 9, 2026
  • Media OutReach Newswire
    • 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

Tambuwal sues Sokoto govt over withheld inquiry report

October 7, 2026

NSCIA demands security reforms, hijab rights in Nigeria

October 7, 2026

EU tasks Sokoto lawmakers on budget tracking, social protection

October 6, 2026

Leave A Reply Cancel Reply

NAFN urges Tinubu to attend 2026 agricultural show

October 9, 2026

Kogi health ministry commends sightsavers for white cane donation

October 9, 2026

Odii pledges better healthcare if elected

October 9, 2026

LASTMA rescues motorist after car-train crash in Oshodi

October 9, 2026
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
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

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