Under Nigerian consumer protection laws, the statutory right to redress provides for remedies such as compensation, replacement, or repair for defective goods, but this right applies exclusively to physical commodities and does not extend to commercial services.
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The statement is False. Statutory consumer rights and redress mechanisms under Nigerian commercial law extend to both physical goods and commercial services.
The statement is false because consumer protection legislation in Nigeria explicitly guarantees rights and redress mechanisms for consumers of both physical goods and service industries. When a service provider fails to meet prescribed quality standards or causes financial loss through deficient performance, the aggrieved consumer has the statutory right to seek redress and compensation.
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Scope of Consumer Rights and Redress Mechanisms