Manufacturers fret over Product Authentication Scheme

Business News

Nothing good comes without a cost – SON DG

By Franklin Ocheneyi

WE are worried and heavily concerned about the cost implication of Standards Organisation of Nigeria’s (SON’s) Product Authentication Mark (PAM) initiative on manufacturing in the country.”

That’s how Frank Jacobs, the President of Manufacturers Association of Nigeria, MAN, reacted to the soon to be launched PAM scheme which would tentatively take effect from next month.

Jacobs, who bore the feelings of the domestic manufacturers, noted that although PAM‎ would go a long way to curb the preponderance of fake and substandard products in the nation, yet “The N3 cost per stamp that comes as a service charge for PAM would further increase the cost of production for manufacturing activities.”

According to him, the cost of production in Nigeria is already high with the manufacturing sector plagued with myriads of challenges.

‎”So we are going to work with SON to find a common ground that will be acceptable to SON and manufacturers and at the end of the day we hope that the cost will be reduced,’’ he said.

Earlier, Osita Aboloma, Director- General, SON, stated that nothing good comes without a cost.

He assured that SON and manufacturers would negotiate on the cost so as not to pass more burdens on the end-users.‎

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