Nigeria: Dodd-Frank, Consumer Protection Act

The Act received presidential assent on 19 June 2026. Its stated objectives are to establish a legal framework for the efficient economic regulation of regulated services and activities and to protect the interests of shippers, providers and users of regulated services.

The expansion of e-commerce in Nigeria has created complex questions about legal responsibility when defective products sold by third-party vendors cause harm to consumers. When faulty electronics, counterfeit goods, or hazardous items reach buyers through platforms like Jumia and Konga, determining liability becomes challenging: should the often-untraceable third-party seller bear responsibility, or does the platform that facilitated, profited from, and controlled the transaction share the burden?

The Federal Competition and Consumer Protection Commission (the "Commission") is responsible for the administration and enforcement of the Federal Competition and Consumer Protection Act 2018...