The Osun State House of Assembly has officially passed the Consumer Protection Agency Bill, 2024, into law.
According to information obtained from Olamide Tiamiyu, Chief Press Secretary to the Osun Assembly Speaker, the law was passed after its third reading.
Tiamiyu in a statement, on Monday also revealed that the passage of the bill was during the plenary session presided over by the Speaker, Adewale Egbedun.
The statement reads, “The bill received overwhelming support from the Assembly member.
“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 the 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,” the statement concluded.
