The Osun State House of Assembly has officially passed the Consumer Protection Agency Bill, 2024, into law after its third reading.
In a statement issued by the Chief Press Secretary to the Speaker,Olamide Tiamiyu, said the bill received overwhelming support from assembly members presided over by Adewale Egbedun.
Sponsored by the majority leader of the House, Hon. Babajide Kofoworola Adewunmi representing Ede North State Constituency, the bill aims to promote and protect the rights of the consumer and also to promote fair trading practices throughout the state. It establishes a dedicated agency, Osun State Consumer Protection Agency, tasked with safeguarding the interests of consumers.
The passage of the bill followed a comprehensive report submitted by the ad hoc committee led by Hon. Tajudeen Adeyemi.
The committee’s findings played a crucial role in refining the bill’s provisions, ensuring it effectively addresses thec needs of consumers in Osun.
The copy of the bill will be produced and forwarded to the executive governor of Osun State for his assent.
With this new law, Osun State is poised to empower consumers, provide mechanisms for dispute resolution, and foster fair trading practices, marking a significant advancement in consumer rights within the state.
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