Okpebholo Suspends Market Unions Over Alleged Extortion, Price Fixing
Governor Monday Okpebholo of Edo State has suspended all market unions and associations across the state, citing allegations of price fixing and extortion.
The directive, announced in a statement by the governor’s Chief Press Secretary, Fred Itua, on Wednesday in Benin, also instructed security agencies to apprehend leaders of the affected unions who defy the order.
The statement highlighted the state government’s concern over reports of exploitative practices by market union executives, including preventing farmers from selling directly to consumers and arbitrarily inflating the prices of essential goods.
“The actions of these union leaders have resulted in a sharp increase in the prices of staple foods, making life increasingly difficult for ordinary citizens,” the statement noted.
Governor Okpebholo described the activities of the unions as extortionist and detrimental to the welfare of the people, emphasizing that such practices would not be tolerated.
“While the Edo State Government acknowledges the vital contributions of market traders to the state’s economy, it cannot condone the selfish actions of a few individuals operating under the guise of union executives to exploit citizens,” the statement added.
The suspension takes immediate effect, with the governor reiterating his administration’s commitment to protecting the interests of Edo residents and ensuring fair market practices.
Security agencies have been tasked with monitoring compliance and addressing any resistance from union leaders.
