Categories: Markets

SON Moves to Tackle Sub-standard Products

Standards Organisation of Nigeria (SON) is to tackle the adverse impact of sub-standard products on the economy, its Acting Director-General, Paul Angya, has said.

“The influx of sub-standard products has impacted negatively on the economy and prevented local industries to thrive. This has also led to the closure of many industries in Lagos, Port Harcourt, Kano, Ibadan, Kaduna, and Abuja, led to mass unemployment,“ he said.

He said the agency had been working hard to complement President Muhammadu Buhari’s effort at reviving the economy.

“Let me tell you that my team and I are working frantically 24/7 to complement President Buhari’s efforts at repositioning the country’s ailing economy and shame the conspiracy of a segment of the society, whose vision is to dust the country more in the muddy waters. I can tell you that less than 100,000 heads are involved in this unwholesome acts and God willing, this is a war that would be won,” he said.

He hinted that other strategies to bail out the country from the economic mess were to diversify to agricultural products, such as soyabeans, local rice, cashew, melon and others. Angya added that efforts were on to ensure good seed selection, harvest, processing, packaging, labelling, storage and fumigating of the products.

His words: “All what average European markets want to know is how the products that come to them is processed, hence the urgent refocusing by SON, to ensure products that comes out of the shores of the country are properly processed.”

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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