NEWS AGENCY OF NIGERIA Economy/Business FG intensifies protection of consumers, businesses

FG intensifies protection of consumers, businesses



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By Lucy Ogalue

The Federal Government has taken further steps to protect consumers and businesses against  losses and inaccurate measurements.

Amb. Nura Rimi, Permanent Secretary, Ministry of Industry, Trade and Investment, said this during the Weights and Measures Department Quarterly Assembly in Abuja on Thursday.

According to Rimi, this is being done through  enforcement of the Standard Operating Procedure of businesses.

He said that the duties of the weights and measures department were essential and significant to the nation’s economy.

“The first priority area of President Bola Tinubu is to reform the economy to deliver sustained inclusive growth.

“ I was pleased when I was informed of the theme of this assembly: ‘Reviewing the Legal Metrology Standard Operating Procedures for a Sustainable Economic Growth’.

“Enforcement of legal metrology in virtually every sector of the economy does not just protect consumers but also assists Nigerian businesses to avoid unnecessary losses from inaccurate measurements, and accords them the badge of traceability that enables healthy competition both in local and international markets,” he said.

Participants at the 2024 Weights and Measures Department Quarterly Assembly in Abuja on Thursday
According to Rimi, the Federal Government   is making eefforts to correct the conflicting sections of the Petroleum Industry Act  which is causing challenges in the execution of duties in the oil and gas sector.

He also reiterated the Federal Government’s plan to upgrade the weight and measurement department into an agency to enable  it to achieve its mandate better.

The permanent secretary charged the participants to achieve robust and progressive  roadmaps.

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On his part, the Director of Weights and Measures Department, Mr Olajide Bamidele, urged the participants to reflect on their mandate, be diligent and uphold professionalism.

“The theme we have chosen underscores the vital role that legal metrology plays in shaping the economic landscape of Nigeria.

“By adhering to rigorous standard operating procedures, we will not only safeguard the interests of consumers and businesses, but also lay the foundation for a thriving and equitable economy.

“Our economy, like any other, is dynamic and constantly evolving.

“It is also necessary that our legal metrology practices evolve,” he said.

He said that there was the need to overcome challenges and achieve set goals.

“We must be proactive in our approach to reviewing and refining our standard operating procedures, ensuring that they are not only compliant with current regulations, but are also responsive enough to adapt to emerging trends.

“This adaptability is key to fostering an environment where businesses can flourish, consumers can trust, and the economy can thrive,” he said. (NAN)(www.nannews.ng)

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Edited by Abiemwense Moru/Popoola

 

 

 

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