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Price Hike: Ondo Monarch Bans Forced Association Membership On Traders - Politics - Nairaland

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Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by peekspot(m): 12:09pm On Apr 28

The Osemawe of Ondo Kingdom in Ondo State, Oba Victor Kiladejo has ordered the prohibition of the idea of traders being forced to join associations in the kingdom

Oba Kiladejo gave the order, through the Osemawe-in-Council, as part of the efforts to reduce the prices of food and commodities and services.

The order was part of the resolutions adopted by Osemawe in Council at the stakeholders and youth meeting held at Palace Hall, Ondo town, Ondo State on Wednesday.

The resolutions were contained in a statement from the Ondo Ekinmogun Youth Congress on Saturday, issued by Kayode Igbekoyi on behalf of the President of the group, Comrade Kayode Folajogun.

According to the statement, the resolutions read that “imposition of association membership of any kind on traders is prohibited in Ondo kingdom. Ondo markets are declared free and open for every legal trader and traders in legal items or wares from other communities, towns or states can trade freely in Ondo kingdom.

“All moribund and abandoned community markets e.g Odosida, Okelisa, Ayeyemi, Akinjagunla, Igba, Oka, and Odojomu including neighbourhood markets should be revamped, steps being taken to create more alternative markets like Shasha, Kara ( in Ondo) should be expedited ”

In the resolutions, the council asked any seller or trader who felt threatened while selling her goods in Ondo to call the concerned constituted authorities, Iyaloja or youth president and also that Iyaloja should make necessary publicity concerning the resolutions of market women on Osemawe’s directive.

The Osemawe-in-Council also warned that any fuel station selling above the approved pump price or exorbitant cost would be sealed off and that collection of extra charges on transactions done on any company’s POS machine, especially fuel stations is cancelled forthwith.

It said, “Strict measures would be taken against any fuel station especially independent marketers who hoard fuel and dupe buyers and Ondo residents by selling inaccurate meter measures, hat steps being taken by Ondo kingdom through the Osemawe in council to upgrade Agbogboke Injector transformer would be accelerated and that “Ondo youths should be empowered to engage in agriculture and trading that could lead to the amelioration of current economic hardships being witnessed in Ondo kingdom and Nigeria at large ”

The council frowned at the alleged bad conduct of some local government officials extorting goods motor drivers coming into Ondo markets and market women by extension and ordered for its stoppage forthwith.

The statement added that the intelligence and community task force team would be out to see to the implementation of the resolutions.

Due to the removal of fuel subsidies and the depreciation of the naira, there has been a consistent increase in food prices nationwide in recent times.


https://punchng.com/price-hike-ondo-monarch-bans-forced-association-membership-on-traders/

48 Likes 11 Shares

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Righthussle: 12:14pm On Apr 28
Good

37 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by helinues: 12:15pm On Apr 28
Better.

Association with no benefits but instead sucking people dry with different fees

116 Likes 11 Shares

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Lalami3232(m): 12:18pm On Apr 28
Nice initiative from the monarch!!!
But sir, pls I wish to crave your intelligence, can you also allow DNA test to be mandatory for all SIMPS who married non-virgins a.k.a boreholes? What do I even know sef aside enlightening my fellow men nationwide with the good news.


Oga if you no meet your wife as a virgin, oga go for DNA test oooooo because boreholes aka non-virgins can't be trusted

39 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by richard870(m): 12:19pm On Apr 28
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by iCauseTrouble: 12:19pm On Apr 28
shocked
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by HenryThegreat1(m): 12:19pm On Apr 28
Nice one.
Sometimes amount for association registration is far more than amount you used to stock your shop.

35 Likes 3 Shares

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Okete001(f): 12:19pm On Apr 28
Hehehe

Kabiyesi oo, Ki ade o pe lori.

What do they do in the association wey pass to dey increase price of goods?

17 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Endtimelifeinna: 12:20pm On Apr 28
They want to turn them to Zombie Association grin grin grin grin cheesy cheesy cheesy cheesy
helinues:
Better.

Association with no benefits but instead sucking people dry with different fees

3 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by jiz: 12:20pm On Apr 28
Good

1 Like

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Adamjc: 12:20pm On Apr 28
grin
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by adekanmbi1986(m): 12:21pm On Apr 28
Ok
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by phemmie06(m): 12:21pm On Apr 28
Associations and union of various types are mostly established to inflict pains on people and for selfish interest

47 Likes 5 Shares

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by adamawaboy(m): 12:21pm On Apr 28
Oba is doing well

21 Likes 1 Share

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Skillsnigeria: 12:21pm On Apr 28
Okay
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by CodeTemplar: 12:21pm On Apr 28
I hope this helps. The core job of those associations is price fixing.
That's why 100 people can comfortably be in the business retailing and selling tomatoes when just 10 people can do it. The whole 100 instead of sharing the fixed profit will fix prices to accommodate their needs financially.

This is why pure water can sell for N20 in Yobe but N30 in Ondo where materials are cheaper and more abundant.

23 Likes 5 Shares

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by christejames(m): 12:21pm On Apr 28
Good one Kabieyesi shocked

7 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Pecoleee345: 12:22pm On Apr 28
Kudos

5 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by RichDad1(m): 12:22pm On Apr 28
Aaba iye ooooo.
Uku alase!
Ugba gbomola
Ajigwa jigwa uleke
Wa da Igbo
Wo lani o baiii🙇🏽‍♂️ 🧎🏾

14 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Zaccshegzy(m): 12:23pm On Apr 28
Good initiative.

5 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by jmoore(m): 12:23pm On Apr 28
How will it be implemented?

1 Like 2 Shares

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by DatNaijaGuy: 12:23pm On Apr 28
I wish same thing will be done in Benin City, Edo State. Every demonic trade union should be dismantled. That's where they come into agreement to exploit the people.
You can't sell common pepper and crayfish without being in their evil union.

28 Likes 2 Shares

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by CheapHomes1: 12:23pm On Apr 28
HenryThegreat1:
Nice one.
Sometimes amount for association registration is far more than amount you used to stock your shop.

the problem with market and traders associations is not the registration fees they collect from members but the fact that they control the prices of goods they sell. they tell their members not to sell goods below a certain price. they regulate price at which goods are sold

25 Likes 1 Share

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by LandMann: 12:24pm On Apr 28
This ought to be replicated across all markets in Nigeria.

Part of the reason for this uncontrollable price hike is that traders and artisans and most small scale businesses are being forced or compelled to join different associations and trade unions that then engage in price fixing.

Essentially there's no free market system operating in Nigeria because of these different unions.

For example, Dangote cement price has reduced a bit and cost of Diesel and transportation has fallen, but wholesalers and retailers are still adding between N1500 to N2000 to each bag of cement so that the final consumer or buyer pays between N1500 to N2500 above the recommended retail price, thereby pushing up the price of cement.

This is made possible because practically all the cement retailers have been forced to join unions that engage in price fixing.

The government should announce the ban of all or certain trade unions across all markets and set up a task force to arrest those who engage in the practice.

This will enable the market participants to operate freely and sell at their own price instead of being forced to sell at a particular price

21 Likes 5 Shares

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by imagrg(m): 12:24pm On Apr 28
Edo State should follow suit.

It's like a cult in Edo State oh. The way traders and POS Operators exploit us ehn!

14 Likes 4 Shares

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by MorolayoVictor(m): 12:25pm On Apr 28
I like this.

5 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Blakjewelry(m): 12:25pm On Apr 28
Associated like these are suppose to protect the group from Hash government policies but in Nigeria it has turn to something else.

They fix price and force members to implement it, the worst part is, you will be forced to join whether you like it or not.

9 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Jokerman(m): 12:25pm On Apr 28
This can't happen in Lagos??

How will awon Baba alaye and Iyaloja chop and cope??😬

4 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by citygarden(m): 12:26pm On Apr 28
Good initiative, I wish the governments could also do this. They are the ones causing inflation in the nation. Mandating price at wish you must sell your market or render services

2 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by ssogundele2003: 12:26pm On Apr 28
This is also needed in Ikare Akoko. These associations are adding more labour/cost on the buyers

8 Likes 1 Share

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by rajiedreez: 12:26pm On Apr 28
Good, so many people do not know the negative effects these association have on traders, they've so much taken advantage of this association that it ends up serving no meaningful use

4 Likes

Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by OMBIIGA: 12:27pm On Apr 28
Great initiative from his Royal Majesty!! May you last long in the throne of your forefathers till the end of time in good health and prosperity and may you see your children children up to countless generations.

22 Likes

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