BrandXchange, organisers of the annual Consumers Value Awards, have announced the commencement of online nomination of brands eligible for voting.

The opening of the nomination portal, according to chief analyst and managing director of BrandXchange Akonte Ekine, coincided with World Consumers Rights Day on March 15.

“We hope that consumers will contribute to brands’ efficacy by showing interest in the nomination of brands based on experience.

“The Consumers Value Awards is a prestigious online periodic award aimed at creating awareness for the rights of consumers and promoting brand excellence in the country with empirical data based on the voting of consumers for brands online.

“The 2023 edition of the award will hold at the prestigious Radisson Blu hotel in August,” a statement from the organisers said.

Over 26 brands were celebrated as the best value-for-money brands based on consumer votes at the inaugural edition of the award last year.

“One of the highlights of the event was the recognition of regulators of conversations of brands such as Dr Olalekan Fadolapo, Director General, Advertising Regulatory Council of Nigeria, Babatunde Irukera, the Executive Vice Chairman Federal Competition and Consumers Protection Commission and Sola Salako-Ajulo, Member Tribunal Committee for the outstanding works in consumers affairs.

“It is the second time consumers will be asked to validate the efficacy of brands through public votes on the internet that is open to all as a jury based on usage experience.

“BrandXchange is a consumerism initiative of Absolute PR, a foremost PR firm in the country with over a decade of experience managing brands and corporate conversations with verifiable evidence,” the statement from the organisers concluded.