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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...

Fake Products: Importers may end up in prison- Salim


Prisoners in their uniform. 


Dealers of sub-standard products may end up in prison, once the bill which repeal the Act setting up the Standard Organisation of Nigeria ( SON) is passed into law, the Director General, SON, Dr Farouk Salim has said. 

He said the Act establishing the agency is  currently being reviewed at the National Assembly, adding the Act would provide stuffer sanctions for unscrupulous individuals, who import and deal sub-standard products. 

Speaking during the  Stakeholders Conference Oganised by Commerce and Industry Correspondents of Nigeria ( CICAN) in Abuja, Salim said the agency is set to sanitise activities in the industry.

He said:  "The bill to repeal and enact SON Act, when passed into law would criminalise  production, manufacturing and distribution of substandard products, with a view to stop endangering lives of consumers in Nigeria.

Adding that: The bill to  repeal and enact SON Act, when passed into law would impose fines on dealers of sub-standard products, as well as prescribing jail terms to them in order to deter others from venturing into the ilegal activities.

The Act, he noted aimed at strengthening SON's core mandate of fighting malpractices as well as encouraging competitiveness of Nigerian goods and those produced outside the country.

On Ease of Doing Business, Salim said SON is working with the Presidential Enabling Business Environment Council (PEBEC) in order to ensure efficient service delivery through the promotion of a transparent and efficient business environment/publication of processes and requirements, timelines and fees in SON premises and website.

SON, Salim said, came first on the PEBEC 2020/21 ranking in the Ease of Doing Business among Ministries, Departments and Agencies(MDAs) in Nigeria.

He said that the Off-shore Conformity Assessment Programme (SONCAP) was part of continuous efforts by SON to protect Nigerian consumers from unsafe and or sub-standard products.








 















The Standards Organisation of Nigeria,SON,is putting in place stiffer punitive measures to check the activities of the dealers of sub-standard products in the country

Mr. Farouk Salim, Director General of SON,spoke in Abuja at the Stakeholders Conference organised by Commerce and Industry Correspondents Association of Nigeria(CICAN).

He said the Act establishing the Organisation is currently being reviewed at the National Assembly,adding that the Act would provide stiffer sanctions for unscrupulous individuals who import and deal with sub-standard products.

He said,the bill to rebringpeal and enact SON Act, when passed into law would not only impose fines on dealers of sub-standard products, but also prescribe jail terms to them to serve as a deterrent to others.

He also said the bll to repeal and enact SON Act, when passed into law would criminalise the production, manufacturing and distribution of substandard products that could endanger the lives of consumers in the country.




 

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