N3.0 Billion Worth of Fake and Substandard Products Seized in 2017-NBS

August 6, 2018/NBS

Registered products 2017 data revealed that 4,296 applications were received for new products registration,6999 products were presented for registration approval, 11,406 products were granted registration; 166 products registration were rejected and Zero number was withdrawn while fake and substandard products worth N3,000,000,000 were impounded during the year.

Data on imported products registered in the year under review reflected that 2,910 applications were received for new products registration while 2,812 products were registered.

Similarly, data on locally made products registered in the year under review reflected that 4,089 applications were received for new products registration while 8428 products were registered.

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