Wednesday, 12 March 2014

Manufacturers & Sellers Of Fake Products Face Jail Term In Lagos

Manufacturers and sellers of fake products to consumers in Lagos State will now face a three-month jail term or pay a N500,000 fine or both on first conviction by a court in Lagos. This is the provision of the Lagos State Consumer Protection Agency Bill signed by Governor Babatunde Fashola into law on Monday at the State House, Ikeja, Lagos, Southwest Nigeria.
Section 37 (1) of the bill says that a person guilty of an offence under this law is liable on conviction to the following fines and penalties: (a) on a first conviction to a fine not exceeding N500,000 or imprisonment for a term not exceeding three months or both; and (b) on any subsequent conviction for the same offence or any other offence under this law, to a fine not exceeding N750,000 or imprisonment for a term not exceeding six  months or both.
Subsection (2) says that if after being convicted of an offence, the person referred to in subsection (1) continues to contravene the requirement or prohibition to which the offence relates, the person is guilty of a further offence on each day that the contravention continues and shall be liable to pay a fine of N20,000 for each day the offence is committed, the law states.

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