LA SUITE APRÈS LA PUBLICITÉ

The Federal Competition and Consumer Protection Commission – FCCPC and the Lagos State Consumer Protection Agency – LASCOPA have officially signed a Memorandum of Understanding – MOU to synchronize their enforcement efforts.

Signed by FCCPC CEO Tunji Bello and LASCOPA General Manager Afolabi Solebo, the agreement establishes a formal framework for collaboration on complaint resolution, information sharing, and the removal of hazardous products from the market. This partnership recognizes that mutual cooperation is essential for maintaining a stable and reliable marketplace in Nigeria’s most prominent commercial hub.

Under the terms of the MOU, both agencies will establish a Joint Task Force – JTF to manage and monitor the implementation of their shared objectives. The collaboration extends to joint compliance monitoring, enforcement of consumer protection laws, and capacity development initiatives.

Notably, the agreement includes a financial arrangement where fines and penalties resulting from joint investigations will be shared equally between the federal and state agencies, ensuring that both parties are incentivized to maintain rigorous market oversight.

Tunji Bello emphasized that Lagos is a critical environment for regulatory innovation due to its massive concentration of digital enterprises, logistics networks, and financial activities. By fostering close operational cooperation, the FCCPC aims to use this MOU as a blueprint for other states to strengthen their local consumer protection frameworks.

The goal is to move away from isolated regulatory actions, toward a coordinated system that can more effectively handle the complexities of modern trade and intelligence exchange.

For LASCOPA, the move represents a strategic bid to leverage “federal might” to enhance its existing successes. The agency, which has already resolved over 11,000 cases and recovered more than ₦860 million for residents over the past five years, views this alliance as a way to tackle broader issues like transportation and large-scale unfair business practices.

This unified front is expected to provide Lagosians with a more robust safety net, ensuring that consumer grievances are addressed with greater efficiency and legal authority.