Category: Consumer Watch

  • LG Electronics goes modular with smart technology

    LG Electronics goes modular with smart technology

    The smartphone industry is gradually experiencing techno-logical evolution with the introduction of modular technology with greater advancement in technology. LG Electronics being an innovative technology driven organisation has set the pace with the introduction ofG5 smartphone modular technology which has a universal compatibility.

    Speaking at the launch of the product  at the LG office at Lekki Phase 1, Lagos, Mr. Steve Seungeui Lee, General Manager Mobile Communications Division, LG Electronics West Africa operations, explained that the modular design philosophy has taken root in a variety of industries, leading to a new wave of modular products that improve flexibility and usability in a number of key areas.

    “The application of modular technology represents a way forward for smartphones, bringing the same level of customisation to smartphone hardware that was once only possible for software,” enthused the General Manager.

    The new focus in innovation, Lee explained will be on differentiating each module, which he said will lead to greater specialisation. The G5modular smartphone (device) is made out of separate components which enables users to replace or upgrade certain functions independently.

  • ‘Food safety laws do n’t exist in Nigeria’

    The issue of food safety is a subject that has continually been thrashed but not duly addressed by relevant laws and agencies in Nigeria, and therefore many consumers are daily exposed to the risk of impaired health from the various foods that end on our tables.

    But, Zainab Akanji, a certified and pioneer trainer in food safety, who heads the First HACCP System Limited, an organisation that trains staff of companies, food outlets and food security stakeholders on food safety, believes that the objectives of food safety can be achieved through an internationally-recognised food safety management system called the Hazard Analysis and Critical Control Point (HACCP).

    As an objective of food safety, she says that HACCP is a system where “food safety is managed by identifying significant and potential hazard (biological, physical and chemical) at every step (‘farm to fork’) of food preparation/processes/manufacturing. Afterwards, it assesses which of the hazards will pose a health risk to the consumer and then puts in place control measures that are critical to the safety of the food and consumer. This is a proven system that helps food businesses operator ensure proper food safety measures are in place. In other words, HACCP is designed to help food organisations minimise health risks (likelihood of harm) from food hazards.”

    Asked what food safety entails, she says: “Food safety is all about protecting consumer health.”

    The UK-trained food safety specialist says she has been into the campaign for eight years, adding that she is one of the best trainers and consultants in the field.

    She claims that she has had more great feed backs than bad ones from trainings that she has given to staff of companies, food outlets and food security stakeholders.

    Though the federal ministry of health has tried to put in place a food safety policy, Akanji claims there is still so much to be done on the instrument, as there are comments from stakeholders being awaited before the policy can be ratified.

    As a trainer, she had to develop a food safety management system pack, first of its kind in the country, “to help food handlers follow rules and help organisations/employers, as well as supervisors, to train their staff to produce safe food.”

    According to her, the pack focuses on the ‘four Cs’, which are the control measures that guarantee food safety; Cleaning, Cross-contamination, Chilling and Cooking.

    Expatiating on the use of the pack, the trainer declares, “This training pack also stresses the importance of training and supervising of food handlers on how to implement the ‘four Cs.”

     

  • Naija FM Lagos launches on GOtv

    Naija FM Lagos launches on GOtv

    GOtv has introduced a new audio channel, Naija FM 102.7, on its platform.

    The Lagos-based Pidgin English audio channel, which launched 14 April on GOtv, is available on channel 301 to all subscribers.

    Naija FM Lagos is the second audio channel to launch on GOtv in Nigeria.

    John Ugbe, Managing Director, MultiChoice Nigeria, said the channel addition will further boost local programming on the GOtv platform.

    “We regularly assess the quality and relevance of our content to ensure that it caters to the different tastes and preferences of our subscribers. The launch of Naija FM Lagos on GOtv is driven by our understanding that local content is important to our subscribers,” he said.

    He also noted that no other digital terrestrial television (DTT) operator in Nigeria has shown more commitment and support for local content than GOtv.

    Also speaking on the development, Chris Ubosi, Managing Director of Megalectrics Ltd, owners of Naija FM, said: “We are delighted to partner with MultiChoice Nigeria on the launch of Naija FM 102.7, Lagos, on GOtv. The partnership is significant as it creates an additional medium for us to reach our audience.”

    GOtv subscribers canstart their day with Naija FM Lagos by tuning to the morning motivational show, Morning Runs, hosted by the trio of Godwin Aruwayo (First Voice), Sabina (Naija P) and Ushbebe.

    From 4pm to 10pm, weekdays, listeners can follow the conversation on the Gragra Xpress show hosted by OSAM, Naija FM’s tallest man, and OTB, the mouth of the Niger Delta.

    DJ Atte will get listeners partying every Saturday from 10pm till dawn, while Sabina aka NaijaPastor will serve up spiritual soul-food, praise and worship music on the Sunday Best Show.

     

  • Consumers groan over hurdles  in processes of redress

    Consumers groan over hurdles in processes of redress

    ONE of the major factors that deter aggrieved consumers from seeking redress is the perceived and assumed tortuous and lingering process of getting justice.

    Consumers in Nigeria pass through one form of abuse every day, either from service providers, manufacturers or retailers but a majority swallow it and carry on believing that getting justice will even cost them much more.

    A majority of the consumers interviewed said they prefer to take the offence in their stride instead of wasting precious money and time trying to get justice that may never come or take years to come.

    “I have been trying to get justice from the Consumer Protection Council of Nigeria (CPC) over the telecommunication giant MTN since the past six months but it has been an uphill task,” lamented an MTN subscriber who pleaded for anonymity.

    At The Nation office, 27b, Fatai Atere Way, Mushin, Lagos, where he came to seek intervention, he said since he lodged his first formal letter with the CPC Lagos, “there had been two unsuccessful mediation meetings presided by CPC officials between MTN representatives and I but nothing further had been done as MTN management keeps derailing the meetings.”

    For Mr. Festus Okpenyemi, his case lingered on from April last year to December, at the Lagos State Consumer Protection Committee before it was finally resolved to his satisfaction.

    Speaking to the reporter at the venue of the mediation meeting at the first floor of the Ministry of Commerce and Industry, Alausa, Ikeja, he attributed the length of the hearing of his case to the accused party who kept postponing the mediation meetings by not being available on the agreed dates of the meetings.

    Besides, said Mr.Okpenyemi, the mediation meetings at the Secretariat hold every fortnightly as members of the Committee are highly placed civil servants with heavy work load.

    Mrs. Obiamaka Okeke said though her own case did not take long to resolve, she had to incur expenses by travelling on four different occasions to the operational headquarters of the Standard Organisation of Nigeria (SON) at No.13/14, Victoria Arobieke Street, Lekki, Phase 1, Lagos.

    “I was seeking justice over a substandard product I bought for N6,000 and subsequently incurred expenses of almost N10,000 to get redress that did not completely assuage my anger.”

    But Barrister Femi Okoye, the president of ‘Know Your Right’ Agency, a nongovernmental organisation (NGO) refuted claims that the CPC and NGOs take time in resolving issues. “If it is a law court, it may take months or even years to get the much desired justice.

    “In most cases, government agencies do not take time in resolving cases except on rare occasions, but in the end justice is achieved,” he stressed.

    Concerning ways of making the redress processes less cumbersome, Barrister Okoye noted that every day better ways of doing things keep evolving, but we need patience and awareness to get there.

    “Apart from the law courts, the issue of getting redress for offended consumers from both the government and NGOs is a relatively new ground, but with time the process will be fine-tuned and all the unnecessary bureaucracies removed,” he said.

    Reacting to the topic, Mr. Abiodun Obimuyiwa, the Deputy Director of Public Relations (DDPR), CPC head office Abuja, explained that “the redress system is from time to time being streamlined directly and through systematic enhancement. The council has over time been enhancing its redress mechanism.”

    Besides setting new time lines for the resolution of cases brought before it, Obimuyiwa disclosed that more empowerment has been provided for its work force to achieve resolution of cases within a set deadline.

    Speaking from his Abuja office, Mr. Obimuyiwa said that apart from the above, “with increased consumer education, more consumers are becoming more aware of the needed caution to be taken before making purchases.”

    Moreover, said the DDPR, “the number of service or product providers that are aware of the rights of consumers keep increasing by the day,” adding that “these new converts respond more quickly to consumer complaints with a view to providing succour to aggrieved consumers just as they avoid situations that can warrant consumer dissatisfaction.”

    “However, you know that there are steps which must be taken to resolve complaints and we have to follow all to ensure objectivity and impartiality,” explained Ms. N. A Olujie, Head of Department (HOD), Consumer Complaints and Collaboration, Standards Organisation of Nigeria (SON).

    Blaming the length of time taken sometimes in resolving cases on the warring parties, she said that if both parties agree to decisions taken early enough, the cycle time is reduced, otherwise it is prolonged until there is a resolution

    Investigation by this reporter however revealed that it takes about one month for cases to be resolved in SON if the parties concerned are available.

    At the Lagos State Consumer Protection Committee which also mediates between warring parties every fortnight, officials said that the length of the redress process depends on the nature of the problem and the availability of the concerned parties.

    “The only thing which can lengthen the process is when a key party in the matter is not available though the resolution committee sits only every fortnight due to the busy and demanding nature of the work of the members,” a source added.

    Usually, the mediating committee is made of top civil servants like the State Attorney General and Commissioner for Justice, the Commissioner for Commerce and Industry, amongst others.

    Almost the same process of getting redress applies to all the agencies involved but the CPC has the legal mandate of also applying for compensation through the law court.

    At the apex federal government council, where consumers can seek for redress, the CPC, the first step an offended consumer is advised to take is to contact the seller while keeping all the records of the conservations.

     

  • ‘Innovation rules smartphones market’

    ‘Innovation rules smartphones market’

    Emmanouil Revmatas, Director of Information and Mobility, Samsung Electronics West Africa, speaks on the launch of Galaxy S7 edge and S7 smartphones. 

    Only last year, Samsung launched Galaxy S6 edge and S6 with much fanfare and few months into 2016 you are launching the Galaxy S7 edge and S7. Is the introduction of the new devices a result of less-than-stellar performance of the preceding model in the market?

    Not at all. Samsung as a brand has become synonymous with innovation. Our Galaxy S range is also regarded as the premium smartphone. Introducing the new Samsung Galaxy S7 edge and S7 is our commitment to our customers to meet their ever-evolving technology needs in the fast-paced world we live in. Samsung did not just redefine these devices, but also re-imagined what they could do based on the feedback from the people who use them, and what they need most from the devices. Our customers are the inspiration for any innovation.

    The Galaxy S7 series have been adjudged as stunning in both visual appeal and handling. Are the devices really as fine inside as they are on the outside? What are the major features that stand out?

    The key differentiators for the S7 edge and S7 range from IP68 water and dust resistance feature, which allows for submersion in up to 1.5meters of water for 30 minutes at a time. The S7 comes with 3,000mAh battery, while the S7 edge has 3,600mAh batteries which are great improvements from the S6. They also come with 4GB of RAM for improved multitasking and 30 percent more powerful processors with “thermal spreader” water-cooling technology to avoid the phones overheating. Both devices have support for microSD cards augmenting their 32GB of internal storage. The microSD card space can also be used as a second SIM slot for those who want to use two SIM cards on their device.Competition in the high end segment of the market for smartphones is very stiff. The phones are mainly running on the Android operating system except of course Apple’s iOS. Since all Android-based phones are basically running on the same platform, why should one be preferred to the other?Rather than answer this, I would prefer to say, let the consumer decide based on their own needs and wants.Still on the operating systems of smartphones, there is a widespread perception that Android-based phones consume far greater amount of data. Is this true and what can be done to minimise the amount users expend on data?

    Perception is not always reality. Perhaps, as research has shown, the ease of using Android-based phones means that consumers access the internet and do a lot more with their devices and therefore consume more data because of higher usage.

    There is the claim that the S7 series are water and dust resistant, that, in fact, they can survive being left in water for as long as 30 minutes. Isn’t this a sales enhancing gimmick?  

    An IP, which is “Ingress Protection” rating, can only be achieved after a rigorous assessment has been confirmed by the International Electrotechnical Commission (IEC). The code is defined by the IEC who state that IP68, which the S7 is, can be immersed up to 1.5m for 30 minutes.

    Robustness of the devices brings me to the next question, which is on protecting the devices from accidental damage, which could occur at anytime. Considering the pricey nature of the smartphones, why is Samsung, being the leader in the smartphone market in Nigeria, not promoting insurance to reduce possible losses from buying these smart devices?

    As many know we were the initiators of this concept several years back, but now many retailers are offering this service in one form or another.

    We have seen the huge growth that the smartphone market has witnessed in Nigeria, which is not too different from other markets around the globe. Indeed, a recent report ranked Nigeria 17th globally in smartphone usage. What could be responsible for the huge growth that we are experiencing in this market?

    In fact, approximately 70 percent of the market is still feature phone based even though there is a significant growth year-on-year of smartphones. The huge growth is being driven by availability of broadband. Nigeria often leapfrogs technologies evidenced by the fact that most people will never have a landline. Another factor driving adoption is investment in 3G, and more recently LTE, coverage and capacity. A third factor is that smartphones are becoming more affordable and in addition, the need for people to be connected is also driving growth. Nigeria ranks extremely high in terms of social media trends and activity.

    With the world gradually moving into the era of Internet of Things, with virtually everything having connectivity to the internet, which role do you see the smartphone playing in this milieu? 

    A device that allows seamless integration of various tools, apps, wearable devices as well as household products.

    The smartphone market is always evolving, churning out smarter and sleeker devices. The devices have evolved from being just phones to an infotainment platform and are currently being used as a payment tool. Where do you see smartphones headed in the next few years?

    Our personalised device that can manage and connect to what, when and where we want. This could range from our TV or fridge to smart watches as such as the Gear S2 or virtual reality like the Gear VR, to gaming and now recording experiences using the brand new Samsung Gear 360 camera.

    After the launch of the S7 series devices that are packed with futuristic features, what is next for Samsung Galaxy series? 

    You will have to wait and see, but you can be guaranteed that we will continue to innovate and shape the future!

  • Encourage consumers by streamlining the processes of redress

    Encourage consumers by streamlining the processes of redress

    One of the major factors that deter aggrieved consumers from seeking redress is the perceived and assumed tortuous and lingering process of getting justice.

    Consumers in Nigeria pass through one form of abuse every day, either from service providers, manufacturers or retailers but a majority swallow it and carry on believing that getting justice will even cost them much more.

    A majority of the consumers interviewed said they prefer to take the offence in their stride instead of wasting precious money and time trying to get justice that may never come or take years to come.

    “I have been trying to get justice from the Consumer Protection Council of Nigeria (CPC) over the telecommunication giant MTN since the past six months but it has been an uphill task,” lamented an MTN subscriber who pleaded for anonymity.

    At The Nation newspapers office, 27b, Fatai Atere Way, Mushin, Lagos, where he came to seek intervention, he said since he lodged his first formal letter with the CPC Lagos, “there had been two unsuccessful mediation meetings presided by CPC officials between MTN representatives and I but nothing further had been done as MTN management keeps derailing the meetings.”

    For Mr. Festus Okpenyemi, his case lingered on from April last year to December, at the Lagos State Consumer Protection Committee before it was finally resolved to his satisfaction.

    Speaking to the reporter at the venue of the mediation meeting at the first floor of the Ministry of Commerce and Industry, Alausa, Ikeja, he attributed the length of the hearing of his case to the accused party who kept postponing the mediation meetings by not being available on the agreed dates of the meetings.

    Besides, said Mr.Okpenyemi, the mediation meetings at the Secretariat hold every fortnightly as members of the Committee are highly placed civil servants with heavy work load.

    Mrs. Obiamaka Okeke said though her own case did not take long to resolve, she had to incur expenses by travelling on four different occasions to the operational headquarters of the Standard Organisation of Nigeria (SON) at No.13/14, Victoria Arobieke Street, Lekki, Phase 1, Lagos.

    “I was seeking justice over a substandard product I bought for N6,000 and subsequently incurred expenses of almost N10,000 to get redress that did not completely assuage my anger.”

    But Barrister Femi Okoye, the president of ‘Know Your Right’ Agency, a non governmental organisation (NGO) refuted claims that the CPC and NGOs take time in resolving issues. “If it is a law court, it may take months or even years to get the much desired justice.

    “In most cases, government agencies do not take time in resolving cases except on rare occasions, but in the end justice is achieved,” he stressed.

    Concerning ways of making the redress processes less cumbersome, Barrister Okoye noted that every day better ways of doing things keep evolving, but we need patience and awareness to get there.

    “Apart from the law courts, the issue of getting redress for offended consumers from both the government and NGOs is a relatively new ground, but with time the process will be fine-tuned and all the unnecessary bureaucracies removed,” he said.

    Reacting to the topic, Mr. Abiodun Obimuyiwa, the Deputy Director of Public Relations (DDPR), CPC head office Abuja, explained that “the redress system is from time to time being streamlined directly and through systematic enhancement. The council has over time been enhancing its redress mechanism.”

    Besides setting new time lines for the resolution of cases brought before it, Obimuyiwa disclosed that more empowerment has been provided for its work force to achieve resolution of cases within a set deadline.

    Speaking from his Abuja office, Mr. Obimuyiwa said that apart from the above, “with increased consumer education, more consumers are becoming more aware of the needed caution to be taken before making purchases.”

    Moreover, said the DDPR, “the number of service or product providers that are aware of the rights of consumers keep increasing by the day,” adding that “these new converts respond more quickly to consumer complaints with a view to providing succour to aggrieved consumers just as they avoid situations that can warrant consumer dissatisfaction.”

    The council, he emphasised, through its engagements with product/service providers demand that they put in place robust complaints resolution mechanisms.

    “However, you know that there are steps which must be taken to resolve complaints and we have to follow all to ensure objectivity and impartiality,” explained Ms. N. A Olujie, Head of Department (HOD), Consumer Complaints and Collaboration, Standards Organisation of Nigeria (SON).

    Blaming the length of time taken sometimes in resolving cases on the warring parties, she said that if both parties agree to decisions taken early enough, the cycle time is reduced, otherwise it is prolonged until there is a resolution

    Explaining further, the amiable lady said that “what we do here is alternative dispute resolution through mediation, negotiation and conciliation. Both parties can seek redress in the law court if not satisfied with the resolution terms.”

    According to a research carried out by the reporter, ideally it takes about one month for cases to be resolved in SON if the parties concerned are available.

    At the Lagos State Consumer Protection Committee which also mediates between warring parties every fortnight, officials said that the length of the redress process depends on the nature of the problem and the availability of the concerned parties.

    “The only thing which can lengthen the process is when a key party in the matter is not available though the resolution committee sits only every fortnight due to the busy and demanding nature of the work of the members,” he added.

    Usually, the mediating committee is made of top civil servants like the State Attorney General and Commissioner for Justice, the Commissioner for Commerce and Industry, amongst others.

    Almost the same process of getting redress applies to all the agencies involved but the CPC has the legal mandate of also applying for compensation through the law court.

    At the apex federal government council, where consumers can seek for redress, the CPC, the first step an offended consumer is advised to take is to contact the seller while keeping all the records of the conservations.

    If the problem is not resolved at this level, the aggrieved person is advised by CPC to contact the provider or manufacturer if possible. However, if no progress is recorded at this point, then the offended consumer is advised to write an effective complaint letter which should be addressed to the Director General, CPC, Abuja.

    In the letter, include all the facts with the photocopies of all the documents regarding your complaints and also include your contact details.

    The CPC Act states in section 612 that where a consumer or a person involved is an illiterate or subject to any physical disability which makes it unable to write, the clerk or any other official working with the state’s committee shall help that person to write at no fee.

  • Many health benefits of mango

    Many health benefits of mango

    Mangoes are here again. It’s the season. Fresh and juicy mangoes are sold now. However, apart from being tasty, do you know that this fruit referred to as the king of fruits and love fruit also offers a number of health benefits?

    Nutrition chart

    One cup of mangoes (225 gms contain) contains the following percentages that apply to daily value.

    105 calories

    76 percent vitamin C (antioxidant and immune booster)

    25 percent vitamin A (antioxidant and vision)

    11 percent vitamin B6 plus other B vitamins (hormone production in brain and heart disease prevention)

    9 percent healthy probiotic fibre

    9 percent copper (copper is a co-factor for many vital enzymes plus production of red blood cells)

    7 percent potassium (to balance out our high sodium intake)

    4 percent magnesium

    1. Fights cancer

    Antioxidants like quercetin, isoquercitrin, astragalin, fisetin, gallic acid and methylgallat present in mango protect the body against colon and breast cancer

    1. Keeps cholesterol in check

    Mango has high level of vitamin C, pectin and fibres that help to lower serum cholesterol levels. Fresh mango is a rich source of potassium, which is an important component of cell and body fluids that helps to control heart rate and blood pressure.

    1. Skin cleanser

    Mangoes help you unclog your pores and add freshness to the face. Mangoes are applicable to any skin type. They help clear clogged pores that cause acne. Just slice a mango into thin pieces and keep them on your face for 10 to 15 minutes and then take bath or wash your face and see the results.

    1. Alkalizes the body

    According to natural health school.com, mango is rich in tartaric acid, malic acid and traces of citric acid that primarily help in maintaining the alkali reserve of the body.

    1. Weight loss

    Mango has a lot of vitamins and nutrients that help the body feel fuller. Also, the fibrous fruit boosts the digestive function of the body by burning additional calories, helping in weight loss.

    1. Regulates diabetes

    Not only the fruit but the leaves of mangoes are healthy too. For people suffering from diabetes, just boil 5-6 mango leaves in a vessel, soak it through night and drink the filtered decoction in the morning. This helps in regulating your insulin levels.

    Mango has a low glycemic index (41-60), so going a little overboard will not increase your sugar levels.

    1. Aphrodisiac

    Mango has aphrodisiac qualities and is also called the ‘love fruit’. Mangoes increase the virility in men. Vitamin E, which is abundantly present in mangoes, helps to regulate sex hormones and boosts sex drive.

    1. Eye care

    Did you know that mango is rich in vitamin A? One cup of sliced mangoes equals 25% intake of your daily need of vitamin A. Mangoes help in promoting good eye sight, fight dry eyes and also prevent night blindness.

    1. Helps in digestion

    Mango contains enzymes that help in breaking down protein. The fibrous nature of mango helps in digestion and elimination. It is rich in pre-biotic dietary fibre, vitamins and minerals.

    1. Heat stroke

    When the sun is bogging you down, just chop off a mango in a juicer; add a little water and a table spoon of honey. This juice will instantly cool you down and prevent heat stroke.

    1. Strengthens your immune system

    The combination of vitamin C, vitamin A and 25 different kinds of carotenoids keep your immune system healthy.

    1. Body scrub

    Make a paste of mashed mango, honey and milk and use as a body scrub, you will feel that your skin is tender and smooth.

    1. Aids concentration and memory

    Studying for exams? This fruit is rich in glutamine acid- an important protein for concentration and memory. Feed mangoes to children who find it difficult to concentrate on studies.

    1. High iron for women

    Mango is rich in iron, hence it is a great natural solution for people suffering from anemia. Menopausal and pregnant women can indulge in mangoes as this will increase their iron levels and calcium at the same time.

    1. Reduces kidney stones

    In Chinese medicine, mangoes are considered sweet and sour with a cooling energy also capable of reducing the risk of kidney stone formation.

    1. Stomach tonic

    Before going to bed, put some 10 or 15 mango leaves in warm water and close it with a lid. The next morning, filter the water and drink it on an empty stomach. Do this regularly.

    Additional information from….. She holds degrees in both physiology and nutritional sciences. She is also a blogger and technology enthusiast with a passion for disseminating information about health.

  • Group accuses CBN, CPC of ignoring plight of bank consumers

    Group accuses CBN, CPC of ignoring plight of bank consumers

    The chief regulator of commercial banks, the Central Bank of Nigeria [CBN] and the Consumer Protection Council [CPC] of Nigeria have been blamed for the various unauthorised deductions and fees levied bank consumers.

    These unjustifiable and unwarranted deductions from consumer accounts and fees that commercial bank consumers are forced to pay, according to speakers at a symposium organised by the Brand Journalists Association of Nigeria [BJAN] to commemorate the World Consumer Rights Day [WCRD] is because the CBN and CPC have failed in their responsibility of protecting consumers.

    At the one day event held at GRA, Ikeja, on March, 15th, the Keynote Speaker, Public Relations Guru, Mr. Adetokunbo Modupe, Chairman TPT International, said that “banks for reasons such as greed, moral and professional bankruptcy have often chosen to be the proverbial dogs eating the meat kept in their care.”

    This action, said the PR consultant, has had adverse implications for CBN’s programme of financial inclusion as well as the volume of money outside the banking system and the effectiveness of monetary policy implementation.

    Accusing the CBN of failing in its responsibility of protecting the banking public and the CPC of not showing interest in the plight of bank customers, Adetokunbo wondered if the “EFCC should intervene in the obvious financial infraction or should we go to church like we usually do to pray to God to save us from the evils of Nigerian banks.”

    Speaking further, he said that there have been many complaints by bank customers of unauthorised and illegal charges, “such fleecing of the customers has become the rule than the exception.

    “The excesses come under different descriptions such as management fees, processing fees, interest charges, commission on turnover, card maintenance fees, account maintenance fees, deposit, withdrawal and telephone alert fees, ATM fees. Even the recently introduced stamp duty charge has become another source through which they commenced overcharging their customers. In one transaction, some banks send more than two text message alerts and charge for each,” lamented the keynote speaker.

    He thundered that “it is a regime of cheating that must be stopped” while he recalled that last year alone, “CBN investigated over 6,000 complaints from bank customers and compelled banks to refund the sum of over N6.2billion to affected customers.”

    Sola Salako, President, Consumer Advocacy Foundation of Nigeria, regretted that the Nigeria bank system is not programmed to look out for consumers or to protect them despite the fact that we have a regulator.

    Reacting to the new proposed CBN charges on bank consumers, “It shows that CBN is insensitive to the plight of consumers. Despite mounting consumer complaints on charges CBN is proposing more charges to be levied on the banking populace.

    “Everywhere in the world, when you automate a system, it becomes cheaper but not so in the Nigeria banking industry,” added the CAFON president.

    Speaking on the theme of the symposium, ‘Banking in Nigeria: Developments and Customer Challenges’, Mr. Goddie Ofose, BJAN national chairman, said it was chosen “as a result of the imbalance and accusation of consumer rights abuse against the players in the financial sector.”

    The BJAN national chairman urged consumers to begin to make leaders accountable, especially the regulatory agencies whom he pointed out are regulating without any one regulating them.

    “All of us should begin to work as campaigners against consumer right abuse,” advised Mr. Ofose while also stressing that “we should assist government by educating consumers on their rights and consumers too should always summon the courage to make complaints where and when necessary.”

    Furthermore, he called on regulatory agencies to work together “for instance, through collaboration between CPC and CBN or NAFDAC and CPC a lot could be achieved to save Nigerian consumers.”

    However, Mr. Uju. M. Ogubunka, the President, Bank Customers Association of Nigeria [BCAN], said the blame of the various abuses that the banking public are getting from banks should be passed to everyone and not just the regulatory agencies.

    “The problem is not about banks but consumers. How many of us know our rights? Many consumers do not know there is even a guide to bank charges. We are to blamed for being ignorant.”

    Cautioning people not to pass all bank customers woes on CBN and to refrain from making uninformed remarks on the issue he said “Banks may not have met all our needs but they are doing a lot. If other sectors in Nigeria can do half as what the banks are doing then we will have a better society.”

    He urged consumers to seek for more knowledge “as self protection is the greatest protection one can give to himself.”

    Noting the five new charges that the CBN is proposing to introduce, the president, BCAN, called on all consumers to familiarise themselves with the charges now and speak out concerning the charges.

    “Every bank consumer has the opportunity to speak and voice their resentments about the charges before they are implemented. CBN made it open for consumers to react to them before a final decision is taken on them. It is our responsibility to advice CBN when it is not getting it right and encourage when is doing a great job.”

    Meanwhile, CBN is proposing the introduction of five new charges on bank customers. These charges include a N50 charge on every cheque leaflet obtained and used at deposit money bank’s counters, A N100 per month maintenance charge on every debit [ATM] card. This is separate from the existing N65 charge after the 3rd withdrawal within the same month. If the card is not used in a month, N50 will be deducted.

    The regulatory body is also proposing a N4,200 per month charge on foreign currency denominated cards as maintenance fee. It is proposing a charge of a N100 on form A, which is used by students to apply for forex on school fees, medical bills and travel allowances.

    Also form M, which is predominantly used by manufacturers to import goods not on CBN prohibition list, is proposed to henceforth cost N1,000 in addition to maintenance fee on e-form platform in line with CBN directive.

  • RB reiterates partnership commitment to reduce child deaths from diarrhoea

    Do you know that one in eight children born in Nigeria do not live to see their fifth birthday, with Lagos State being the second highest contributor to diarrhoea with a prevalence of 7.5% after Oyo State’s 9.2%? This translates to 315,000 children under-five dying needlessly from diarrhoea annually, equivalent to 64 children every hour. In an ambitious drive to help end this, RB held the RB/Save the Children charity ball for the the Stop Diarrhoea programmes.

    RB/Save the Children initiative is a unique partnership and ground-breaking programme to help eradicate child deaths from diarrhoea.

    The partnership since 2013 has berthed innovative new hygiene and sanitation products by RB alongside Save the Children’s sustainable Stop Diarrhoea programme in Nigeria – aimed at preventing, controlling and treating the unnecessary killer.

    Speaking at the ball, the General Manager, RB West Africa, cMurgai, said the combination of RB’s expertise in product development and research, and Save the Children’s experience of delivering life-saving work have helped save thousands of young lives yearly.

    According to the GM, inception phases funded by RB, involving the research and set up of large-scale, innovative programmes to combat diarrhoea in Nigeria and Pakistan are complete, and now in execution phase in Somolu community in Lagos to fully implement the World Health Organisation and UNICEF 7-point plan to ensure comprehensive diarrhoea control.

    “RB and Save the Children have committed to working with national governments and other partners to implement the 7 Point Plan by developing unique products to improve hand washing and community sanitation. This is assured as RB’s expertise in product development and research, and Save the Children’s experience of delivering life-saving work will help save thousands of young lives every year.

    “In order to achieve the partnership’s long-term ambition, to eliminate childhood death from diarrhoea, RB is creating a game-changing social enterprise scheme whereby all profits from the sale of two innovative products will be reinvested into the Stop Diarrhoea programmes and into continued product development.

    “For the first time, RB will not be making a profit from these products and the revenue will be reinvested into The Stop Diarrhoea Initiative (SDI) to combat mortality and morbidity amongst children under the age of 5 years due to diarrhoea in Nigeria,” Rahul said.

    The charity ball was an avenue to enable its stakeholders and partners appreciate the work that is being piloted in Lagos State, share milestone achievements and appreciate their support and commitment.

  • Manufacturers should lead fight against counterfeits

    Manufacturers should lead fight against counterfeits

    When a company’s product is blatantly adulterated and openly sold without the company seemingly doing anything, it points to three things: a company that does not care about the safety of its customers, or a company that cares less about its reputation and brand name.

    On this page late last year, we ran a story about a consumer who bought fake sanitary towel under a very reputable brand name. We tried to contact the company through their customer toll free care line but the response was always “sorry, the person you are trying to reach is unavailable at this time and the system cannot take any more messages because the message box is full.”

    After three of such responses, we contacted the company’s Public Relations firm for response then we published the story even offering them advice.

    After that publication, we thought the company would try to reach the victim, at least to find out where she bought the product and apprehend the people involved, but unfortunately nothing like that happened.

    Why we are recalling this incident now is that another person has fallen victim of the same attack. But, fortunately, this time we were able to reach the company and they are trying to fight back.

    According to the lady who said she kept her eyes wide open and who said she has always boasted that she could never fall victim to fraudsters, “When the seller handed the product to me, I examined it, feeling it did not look genuine. I voiced out my doubts, but the seller quickly reassured me stressing that they do not sell fake things,” declared Mrs. Laide Akintunde.

    “Seeing it was a relatively big super market and considering that I had never bought counterfeit product since the two years I started patronising them, I accepted the product, albeit doubtfully.”

    The manufacturer of a product is the main party responsible for protecting its reputation, brand name and its customers from losing money and being exposed to contaminated products.

    No wonder, some popular brands like Nigerian Breweries, Guinness, change the shape of their bottles and caps from time to time to discourage adulteration, which will damage their reputation.

    It cost millions to build global brands, yet they are highly vulnerable to attacks which can severely undermine marketing investments while putting brand reputation, customer trust and revenues at risk.

    Counterfeit products do not comply with international standards or go through strict management controls. Counterfeit are generally made of cheap and unsafe materials such as flammable plastic or poor plating. It reduces production cost by not respecting quality and safety standards.