Recent Developments in Consumer Protection in Nigeria

Recent Developments in Consumer Protection in Nigeria

Author by Dr. Dorcas Odunaike

Language: English

Abstract

Consumer protection laws have been necessitated by the imbalance of power relations between producers and consumers of goods. The quest for excess profit and the ‘get rich quick syndrome’ especially in developing countries have led most business owners to engage in unethical processes/practices which have exposed consumers to exploitation beyond imagination. To curb this anomaly, regulations were put in place by governments of most countries to enhance consumer protection and establish best practices for delivering goods and services to consumers. Subsequently, Consumer Protection Council was established in Nigeria to adopt measures in protecting consumers from exploitation, manipulation and harm. The aim of this paper is to highlight the role of Consumer Protection Council in Nigeria, whilst giving a critical consideration to recent developments and challenges to enhancing consumer protection in Nigeria and recommending possible solutions.


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