Consumer protection plays a fundamental role in promoting economic development, ensuring market efficiency, and maintaining a fair balance between service providers and consumers. Ideally, markets are expected to operate on a framework where both parties possess relatively equal bargaining power. However, in practice, consumers are often disadvantaged due to information asymmetry, limited resources, and the dominant position of service providers. This imbalance necessitates state intervention to safeguard consumer interests and foster a more equitable marketplace. This study examines the role and effectiveness of consumer protection mechanisms in Nigeria, with particular emphasis on the Federal Competition and Consumer Protection Commission (FCCPC). It explores how the Commission functions as a regulatory body established to protect consumers against exploitation in both private and public service sectors. The paper highlights the FCCPC’s mandate in addressing consumer grievances, enforcing compliance with established standards, and ensuring that consumers receive fair treatment in transactions involving goods and services. The research further evaluates the accessibility and efficiency of the redress mechanisms provided by the FCCPC. Notably, the Commission offers a dispute resolution framework that is designed to be speedy, cost-effective, and non-technical, thereby enabling consumers—especially vulnerable groups—to seek justice without undue procedural barriers. The study also considers the extent to which these mechanisms have improved accountability among service providers and contributed to better service delivery outcomes. Findings from the study suggest that while the FCCPC has made significant strides in enhancing consumer protection and promoting awareness, challenges such as limited public knowledge, enforcement constraints, and institutional capacity gaps continue to affect its overall impact. The paper concludes that strengthening consumer protection agencies, increasing public sensitization, and improving institutional frameworks are essential steps toward achieving a more balanced and efficient market system in Nigeria.
Musa Sadiq Abubakar (Mon,) studied this question.
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