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...For a better society... Monday, August 30 2004 Vol 17 No.30 News Editorial Opinion Labour Politics Sports Features Columnists Business Money/Market Energy Alaba Market Foreign News Nigeria tackles China on sub-standard products NIGERIA and China is holding talks over the dumping of fake and sub-standard products flooding Nigerian markets. The Special Adviser to the President on Private Sector and Manufacturing, Alhaji Ahmed Abdulkadir, made this known in Abuja. Abdulkadir, said at the destruction of fake cables and ballpoint pens, that the federal government would only welcome genuine businesses with China. He said that the government would not allow Nigeria to be turned into a dumping ground for fake and sub-standard goods. The adviser said that the impact of fake and sub-standard products imported into the country from China had negatively affected the Nigerian economy. Stressing that: "Most companies in Nigeria can no longer produce nor compete in the market place due to the dumping of cheap and sub-standard goods." He commended SON for the raid that led to the confiscation of the product, adding that those behind he activity would be brought to book. Earlier, the Director-General of SON, Dr. John Akanya, had said that fake and sub-standard products constituted a major impediment to the growth of local industries. Akanya said that the dumping of such products in the country was an act of economic sabotage targeted at frustrating government efforts to revive ailing industries in the country. He reiterated SON’s determination to carry out consistent and continuous raid of sub-standard products in the country. Sub-standard electric cables and ballpoint pen worth more than N23 million confiscated by the Standards Organisation of Nigeria (SON) were among the products destroyed. Five Chinese were apprehended in July with fake and sub-standard VCDs worth more than N50 million at the Murtala Mohammed International Airport, Lagos. � 2004 @ Champion Newspapers Limited (All Right Reserved). Powered By dnetsystems.net dnet�

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