The Alteco Chemical PTE Ltd., a company that produces Alteco 11O Super Glue, has raised an alarm over the faking of its product across the country.
Mr Ifeanyi Dike, the company’s Media Consultant, said on Sunday in Onitsha that the company’s products that were faked and worth millions of naira were confiscated during several raids in Onitsha, Aba and Lagos.
Dike, who noted that over 100 shops were raided in Onitsha alone, said the raid was carried out in collaboration with the Police after obtaining Anton Pillar Order from court.
The Anton Piller order is an order of court which requires the defendant to permit the plaintiff to enter the defendant’s premises to obtain evidence.
“Six different companies faking Alteco 110 super glue with designs that deceive unsuspecting consumers have been sued.
“Counterfeiting practices have a far reaching impact on many facets of people’s lives, especially as the materials and manufacturing processes do not follow standards,” the media consultant said.
He explained that proliferation and sale of fake products such as Alteco 110 super glue prevents fair market competition and has a huge impact on businesses.
While commending the Standards Organisation of Nigeria (SON) for its determination to rid market of fake and adulterated products, Dike called for an intensified campaign against counterfeiting.
He called for stiffer penalties for culprits in order to deter others who plan to indulge in such an unscrupulous venture.
Dike thanked the leadership of Onitsha market for its cooperation during the raids.
Title : Panic In The Air As Fake Super Glue Floods Market
Description : The Alteco Chemical PTE Ltd., a company that produces Alteco 11O Super Glue, has raised an alarm over the faking of its product across t...