In Nigeria, it is an offence for a manufacturer of goods or service provider to charge an excessive price for goods or services to the detriment of consumers. This offence is known as “abuse of dominant position”.

See Section 72(2)(a) of the Federal Competition and Consumer Protection Act 2018.

Arome Abu is the Managing Partner of TCLP.

CAVEAT: Note that this information is provided for general enlightenment purposes and is not intended to be any form of legal advice.

Obscure Legal Facts is an exclusive daily publication of THE COUNSEL L-P.
H.3 16A POW MAFEMI CRESCENT, Utako, Abuja, Fct
abuarome@[email protected]
+234 803 262 2359
+234 708 1156 539.
Twitter: @TheCounselLP