The importation of substandard products, mostly from Asian countries, costs Nigeria over N1 trillion, the Director-General of the Standards Organisation of Nigeria(SON), Dr Joseph Odumodu, said yesterday in Lagos.
Odumodu who spoke exclusively with LEADERSHIP during the 1st Nigeria Quality Summit 2012, that held at Eko Hotel, Victoria Island, Lagos said: "Statistics from a survey we conducted in 2011, showed that an estimated annual loss to sub-standard products is in excess of N1trillion."
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article