Nigeria Loses About N15bn Annually To Counterfeit Products – SON
An estimated N15 billion is lost annually to fake or counterfeit products in terms of tax revenue to the government, income to local manufacturers and employment generation to Nigerians.
The director, Legal Services, Standards Organisation of Nigeria (SON), Suleiman Kawo, dropped this hint when the agency hosted the staff and management of the Nigeria Institute of Policy and Strategic Studies (NIPSS), Kuru, who came on a study tour of the agency in Abuja.
Related Posts
Counterfeit goods easily available, but not always easy to spot
As the world has grown smaller, more and more foreign-made goods are hitting our...
Nigeria Loses About N15bn Annually To Counterfeit Products – SON
An estimated N15 billion is lost annually to fake or counterfeit products in...
Bulgarian customs officers find fake perfumes worth over EUR 1 million, heroin worth over BGN 1 million
Svilengrad. Bulgarian customs officers at Svilengrad checkpoint have found fake...
The Dangers of Fake Counterfeit Makeup Ingredients In Cosmetics
Buyer beware! Here's something every makeup lover needs to know! If you haven't...