Business
Sub-Standard Phones Flood Garrison Market
Fake and sub-standard
cell phones have become the order-of-the day at Garrison phone market, as dealers make brisk money.
The Tide investigation revealed that a good percentage of phones at the popular Garrison phone market are of inferior quality.
In a chat with one of the victims, who gave his name as landi Igwe, Tuesday in Port Harcourt, he said the Nokia phone he purchased at one of the shops developed a technical fault same day.
He said he was forced to return it the following day to the dealer, who then replaced it.
Igwe hinted that the new one could not serve up to one week before a similar fault was detected by phone repairers. After using all known technical approaches, he reported the incident to the police who then advised the dealer to refund him.
According to him, the woman admitted her fault, but blamed it on importers who import sub-standard products.
He hinted that some of the fake phones are built in similar forms with the originals, saying that it takes an extra care to detect original phones at the market.
Using Nokia products as a case study, he said the code used for detecting original product now applies to all.
He stressed that in the past, Nokia phones had a particular code (*#0000#), to know its date of manufacturing and serial number.
He regretted that concerned authorities were not paying the needed attention in the area of importation of phones and other electronics.
When the police officer who handled the matter was contacted at Olu Obasanjo Police Divisional Headquarters, he advised the woman to shun patronising sub-standard phone suppliers in order not to endanger her business.
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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