Business News of Monday, 2 December 2024

Source: www.mynigeria.com

Manufacturers should be protected from spurious consumer claims - MAN discloses

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The Manufacturers Association of Nigeria (MAN) has stressed the need to protect genuine manufacturers from “spurious” claims under the guise of consumer rights protection.

Segun Ajayi-Kadir, the Director General of MAN said this at a webinar organised by the association with the theme, “Balancing the Equation between Consumer Protection and Manufacturers’ Rights”.

Ajayi-Kadir stated that there should be a clear boundary between upholding consumer rights and compromising the operations of manufacturers and marketing their products.

He continued that this will make sure that legitimate manufacturing entities are not sacrificed on the altar of “spurious and ill-conceived consumer claims of infractions or unhealthy consumer protection regulations”.

He said: “As we navigate the complexities of the fast-paced business environment, it is important to clearly define the boundary between upholding consumer rights and compromising the operations of manufacturers and marketing their products.

“In more general terms, I mean we should bring to the fore the need to ensure that we do not knowingly or unknowingly sacrifice legitimate and innocent manufacturing entities on the altar of spurious and ill conceived consumer claims of infractions or unhealthy consumer protection regulations.”

According to him, the manufacturing sector is subject to the regulation of both federal and sub-regional agencies of government and they are expected to fully comply before their products are released to the market.