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Daily Archives: May 15, 2018

N264BN FINISHED GOODS EXPORTED FROM LEKKI FREE ZONE IN THREE YEARS

The Lagos State Government said over $735.8million (about N264billion) worth of finished goods have so far been exported from the Lekki Free Zone project in the last three years. Commissioner for Commerce, Industry and Cooperatives, Mrs Olayinka Oladunjoye who disclosed this at the annual Ministerial Press Briefing to mark the third anniversary of Governor Akinwunmi Ambode’s administration held at the …

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LAGOS AND CONSUMERS’ RIGHT PROTECTION

Globally, there is an obvious disparity of knowledge and power relationship between the producers of goods and services and customers.  Over the years, this disparity seems to lean towards the advantage of producers, who are strengthened by the tradition maxim “caveat emptor” (let the buyer beware) and the ever-changing and growing free market philosophy which tends to put the producers and …

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