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Lagos shuts down 35 supermarkets over expired goods

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Lagos supermarket closures

Lagos State closes 35 supermarkets for selling expired products, as Commissioner Ambrose highlights government efforts to protect consumers and boost investment

Lagos State officials have revealed that 35 supermarkets were closed down between January and April for selling expired products.

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Also read: SEC announces first quarter Capital Market Committee meeting in Lagos, May 19th

The Commissioner for Commerce, Cooperative, Trade and Investment, Mrs Folashade Ambrose, made this disclosure on Tuesday during a ministerial press briefing marking the second anniversary of Governor Babajide Sanwo-Olu’s second term in office.

Mrs Ambrose added that other supermarkets have been sanctioned and fined.

The Lagos State Consumer Protection Agency is also educating consumers, encouraging them to report such incidents.

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The Commissioner further stated that the Lagos Investment Roundtable has generated numerous Expressions of Interest from both local and international investors, which are currently under discussion.

“Lagos State officials have revealed that 35 supermarkets were closed down between January and April for selling expired products.”

“One of the major outcomes is the partnership with the Lagos State Government, through the ministry, [which] successfully concluded a $200 million partnership with Abu Dhabi Ports aimed at developing critical infrastructure and logistics within the Lekki corridor, boosting ICT innovation, healthcare facilities, and port,” she said.

“A notable milestone was the Memorandum of Understanding with the Commonwealth Enterprise and Investment Council, positioning Lagos as a gateway for trade and Investment among 56 Commonwealth nations,” Mrs Ambrose added.

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The state government is also focusing on developing industrial infrastructure. In Ikorodu, construction is progressing on a new Small-Scale Industrial Estate at Gberigbe, set to house 44 light manufacturing and agro-processing businesses, with delivery expected in the third quarter of the year.

“Similarly, plans have been drawn to revamp older industrial estates in Ikeja, Ilupeju, Oshodi-Isolo, and Amuwo-Odofin. So far… supermarkets are springing up very frequently,” the Commissioner noted.

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EFCC sues Cititrust over ₦200 million unreported transfers

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Cititrust Money Laundering Trial

The Federal High Court in Lagos will begin the Cititrust money laundering trial on July 1, with EFCC prosecuting for banking and investment offences

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