LASCOPA INTRODUCES TOLL-FREE LINE FOR CONSUMERS, URGES RESIDENTS TO REPORT FAKE, EXPIRED PRODUCTS, POOR SERVICES . (PHOTO). #PRESS RELEASE.

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 LASCOPA INTRODUCES TOLL-FREE LINE FOR CONSUMERS, URGES RESIDENTS TO REPORT FAKE, EXPIRED PRODUCTS, POOR SERVICES  The Lagos State Government has urged residents to "tell it to LASCOPA" by promptly reporting fake, expired, adulterated and counterfeit products, misleading advertisements, poor services and other consumer-related violations through the Lagos State Consumer Protection Agency's toll-free consumer helpline, 080 0005 2726, or by email at lasgcopa@gmail.com or the Agency's Social media handles - Facebook: lascopa, Instagram: lasgcopa, X (Twitter): lasgcopa  The General Manager/Chief Executive Officer of LASCOPA, Afolabi Solebo, Esq., stated that the toll-free line provides consumers with a direct, accessible channel to report violations, seek guidance and get timely action. He urged residents not to remain silent and to report formally to LASCOPA rather than relying only on social media. Solebo stressed that while social media raises awareness, complaints mus...
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INFORMATION MINISTER CAUTIONS AGAINST RETURN TO PETROL SUBSIDY. (PHOTO).

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 INFORMATION MINISTER CAUTIONS AGAINST RETURN TO PETROL SUBSIDY


The Minister of Information and National Orientation, Mohammed Idris, has cautioned against calls to restore petrol subsidy, saying a return to the old regime could undermine Nigeria’s improving fiscal position, weaken investor confidence and reverse the gains of the economic reforms of the President Bola Ahmed Tinubu administration.


In a statement by his Special Assistant on Media, Rabiu Ibrahim, the Minister reacted to an Op-Ed published on Monday, August 24, 2026, in some national dailies, titled “Restoring Fuel Subsidy Will Reverse Nigeria’s Economic Gains.”

Idris said proponents of subsidy restoration must consider its real opportunity costs, asking Nigerians to choose between restoring petrol subsidy and sustaining student loans and consumer credit for young Nigerians, or restoring subsidy and maintaining higher allocations to states and local governments.


The Minister further warned that restoring the subsidy could affect funding for roads, rail, power and security, while also weakening the fiscal capacity required to expand healthcare, education and social protection for vulnerable Nigerians.


He recalled that in 2022, amid declining oil production and weak revenues, Nigeria spent about 10 billion dollars on fuel subsidies, while the World Bank warned that the subsidy was consuming resources that could otherwise have supported education, healthcare, infrastructure and social protection.


Citing the Federal Government’s recently presented “Nigeria’s Reform Scorecard: The Benefits, Costs and Harms Prevented,” Idris said the Minister of Finance and Coordinating Minister of the Economy, Dr Taiwo Oyedele, disclosed that subsidy savings mobilised 15.8 trillion naira in resources for the Federation between June 2023 and December 2025.


He explained that about 5.43 trillion naira accrued to the Federal Government, 6.52 trillion naira to states and 3.88 trillion naira to local governments.

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