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
Wolverhampton shops in £150K bust may lose licences
Two shops face losing their licences after police raids found them selling...
In brief: Record fake cosmetics seizure in Dubai
The authorities in Dubai have seized 1.4m counterfeit cosmetics and personal care...
843 people held for illegal sale of liquor
Ahead of elections, Pune's excise department has filed 923 cases, arrested 843,...
Liquor haul at Bihar border
STATE DIGEST: Protest against changes in labour laws and farm bill; zero...