Large, diversified, family-owned businesses are dominant players in the economies of most emerging markets and can be excellent business partners for Western companies. Moreover, Conglomerates in emerging markets aim to gravitate towards building, developing, or buying new capabilities, as well as strengthening core capabilities and retrofitting obsolete capabilities to help[Read More…]
Tag: standards
FG Sacks Aboloma as NAIC Gets New ED
The Federal Government has sacked erstwhile Director General of the Standards Organization of Nigeria, SON, Mr. Osita Aboloma and approved the appointment of Farouk Salim as the new Director General of the Agency Salim’s appointment takes effect from September 26, 2020 as conveyed by the Minister of Industry, Trade and[Read More…]
SON Raises Red Alert On Suspected Substandard Toyota Engine Oil
The Standards Organization of Nigeria has raised a red alert on the discovery of suspected substandard Toyota brand of engine oil in the Nigerian markets. A statement from the office of the Director General, Osita Aboloma Esq. disclosed that the suspected substandard Toyota brand of engine oil was discovered through[Read More…]
SON certifies Innoson vehicles under MANCAP
The Standards Organisation of Nigeria has presented the Mandatory Conformity Assessment Programme (MANCAP) certification to Nigeria’s first indigenous vehicle manufacturing company, Innoson Vehicles Manufacturing Company Ltd. at a colourful ceremony in Nnewi, Anambra State recently. The MANCAP certificate was presented to the Chairman/CEO of Innoson Vehicles, Dr. Innocent Chukwuma OFR[Read More…]
Most of the products sold in Alaba market are life threatening to Consumers – SON DG
The Director Generaleneral of Standards Organistion of Nigeria (SON), Osita Aboloma has said that, most of the products that are sold in Alaba international market, Ojo, Lagos State, are life threatening to consumers. Aboloma who made this known yesterday in Lagos during a partnership meeting with the Association of Nigerian[Read More…]
SON Boss Accused Of Corruption, Fraudulent Contract Award
Director-General of Standard Organisation of Nigeria, Osita Aboloma, has been accused of awarding fraudulent contracts without recourse to procedure and due process. He was also accused of single-handedly withdrawing N2m monthly from the domiciliary account of the organisation without approval of the governing council and management board. Aboloma, who was[Read More…]
SON destroys N480m substandard mobile phone accessories
The Standards Organisation of Nigeria (SON) has destroyed substandard mobile phone accessories worth N480 million at Epe in Lagos. Addressing the media at the destruction site, the Director General, Osita Aboloma Esq., stated that the organisation was on top of its game to ensure that substandard goods did not find[Read More…]
None compliance importers on SONCAP cries foul on demurrage – SON
The Standards Organisation of Nigeria (SON) has debunked the claim by one Kayode Farinto over a purported collapse of its online application portal for the operation of the offshore Conformity Assessment Program (SONCAP) for processing of SON regulated imports into Nigeria describing it as a blatant lie. A statement from[Read More…]
SON, NSCDC to partner on eradication of substandard products in Anambra
The Standards Organisation of Nigeria (SON) and the Nigerian Security and Civil Defence Corps (NSCDC), Anambra State command, have resolved to rekindle the partnership between the two organisations towards combating the menace of substandard products in the state. This resolution was made during a courtesy visit of the Anambra State[Read More…]
SON Assures Consumers of Improved Service Delivery in 2020 – Calls for Increased Self-Regulation
Nigerian manufacturers, importers and consumers have been assured of improved service delivery from the Standards Organisation of Nigeria (SON) in all areas of the agency’s mandate in year 2020. Director General, SON Osita Aboloma Esq. gave the assurance in a media chat to review the activities of the organization in[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]