Committee Against Smuggling and Counterfeiting Activities Destroying the Economy

Mobile Devices Counterfeiting, Negatively Affects National IGR

September 11, 2015 by admin News 0 comments

The acting executive vice chairman of the Nigerian Communications Commission (NCC), Prof Umar GarbaDanbatta, has said that mobile devices counterfeiting is negatively affecting the nations Internally Generated Revenue (IGR).

Danbatta disclosed this at a one day stakeholders meeting on combating counterfeit and substandard ICT devices in Nigeria, yesterday in Abuja.

The NCC boss said that counterfeiting cheats the country of billions of naira in revenue that could have been raked in through taxes and duties.

 

Prev
Next

Related Posts

Big tobacco firms accused of flooding foreign markets to encourage smuggling into UK to help their fight against tax rises
May 31, 2015

A report by campaigners Action on Smoking and Health (ASH) said that...

Here’s where your counterfeit goods come from
June 22, 2015

House Speaker Feliciano “Sonny” R. Belmonte Jr. yesterday rejected calls to...

Natural News Exclusive: Amazon.com (AMZN) sells fake, counterfeit nutritional products to unsuspecting consumers
November 26, 2013

A Natural News investigation has confirmed that Amazon.com (AMZN) is functioning...

Zim loses US$30m to smuggled washing powder
October 20, 2021

Zimbabwe is losing approximately US$30 million a year through the smuggling of...