FG To Cut Sub-Standards Goods To 30% 4 years ago 0

The Minister of Trade and Investment, Olusegun Aganga has been directed by President Goodluck Jonathan to reduce sub-standard good to 30 percent in the country by the end of year 2013.

The Minister said yesterday in Abuja at the official launch of Consumer Protection Council’s Products and Services Listing and Monitoring Programme (Proserve) that the President gave him the mandate while signing the performance contract with him.

“In fact, the President has asked for a presentation to be made to him at the Economic Management Team by the Directors General of Standards Organization of Nigeria and the Consumer Protection Council on substandard products. This shows how seriously the President takes the issue of substandard goods.

“Yesterday, the ministers signed a performance contract with Mr. President and one of my Key Performance Indicators is to reduce the level of substandard products across the country. And within the next few weeks, I will be signing KPI contracts with the DGs of SON and CPC on the reduction of substandard products across the country. My target is , perhaps, to reduce the level of substandard products to about 30 per cent by the end of next year.

“But I am going to ask them to possibly reduce to it to about 15 per cent. So, this is to assure Nigerians that the government is taking serious action against the substandard products,” he said.

The Minister noted that in addition to reducing the current level of substandard products, his ministry had also embarked on policies and programmes aimed at promoting the patronage of made-in-Nigeria products.

Speaking, the Director General of CPC Mrs Ify Umenyi said that Proserve is designed to introduce a listing regime that would require all genuine manufacturers and certified service providers in all sectors of the economy to enlist their products and services for proper monitoring by the council.

She said that the absence of a comprehensive data-bank for products and services created an opening that is being currently exploited by dubious businesses in the faking and production of substandard products, including the offering of very poor services Home Page

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