Legal Somebody

Many misinformed opinions going round in the new tax laws. Please let’s take a breather, seek legal and financial opinions from experts before following wrong information blindly. Happy Sunday

Happy Independence Day to all Nigerians home and abroad 🙏🏽

IS A “NO REFUND” POLICY LEGAL IN NIGERIA?

Under the Federal Competition and Consumer Protection Act (FCCPA), a general “No Refund” policy is unlawful in Nigeria as it infringes on consumers’ statutory rights.

The FCCPA prohibits businesses from inserting clauses or adopting practices that unfairly limit or exclude a consumer’s right to a refund for defective, fake, unsafe, or misrepresented goods, as well as for services not rendered in line with agreed terms.

Accordingly, consumers are entitled to a full refund where:
• Goods are defective, unsafe, fake, or unsuitable for the intended purpose; or
• Services are not provided as promised, within the agreed time, or to the expected standard.

For further reading on consumers’ rights, see Sections 114 to 133 of the Federal Competition and Consumer Protection Act (FCCPA) 2018

Did you know?
If your company is struck off the CAC register for failing to file annual returns, restoring it requires an order from the Federal High Court; but only after all outstanding returns have been filed.

This legal process alone can cost upwards of ₦350,000, depending on the law firm involved.

Why incur avoidable expenses and risk disruptions to your business?

Stay compliant. File your annual returns on time.
https://wa.me/message/YOSB3YKEHL2GG1

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Upward review of fees takes effect from 1st August 2025z