CONSUMER PROTECTION AND THE NEED FOR CONSUMER VIGILANCE IN NIGERIA

CONSUMER PROTECTION AND THE NEED FOR CONSUMER VIGILANCE IN NIGERIA

Consumer protection refers to the laws, regulations and measures that safeguard buyers from unfair, fraudulent or harmful business practices.

As a consumer, you must play an active role in protecting yourself through consumer vigilance.

Consumer vigilance means being aware, informed and proactive in assessing the quality, safety and authenticity of goods and services before buying them. It involves carefully reading product labels, expiry dates, asking questions and reporting substandard or unsafe products.

In Nigeria’s poorly regulated market, vigilance is important due to the prevalence of counterfeit goods, misleading advertisements and exploitative business practices.

Benefits of Consumer Vigilance

✓ A consumers who verifies product quality avoids harmful food, drugs and substandard products that may cause health hazards.

✓ Helps a buyer avoid fraud, fake and defective products, saving them from financial losses.

✓ When a consumer demands quality and refuse substandard goods, businesses are compelled to improve.

✓ A vigilant consumer understands his rights and can seek redress when cheated.

The consequences of lack of consumer vigilance are: dangerous health risks from consuming expired or unsafe products; losses from scams and purchasing low-quality goods; contributory negligence, etc.

Be a watchful and smart consumer.
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