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The eBearing News
September 17, 2004
Nigerian Businesses Urge Police
to Help Curb Counterfeits
copyright © 2004 eBearing Inc.
The widespread problem of counterfeit bearings showing up in markets all around the world
was highlighted recently by Nigerian industrial product distributors.
Nigeria, long rated alongside Brazil as the most corrupt place to do business on earth and home to an endless
series of online and offline schemes and scams, was not a likely place for complaints
about counterfeit bearings to surface.
Fake drugs kill thousands of Nigerians every year; over 600 street pharmaceutical shops selling
counterfeit drugs have been shut down since early 2004.
But complaints about other counterfeit and pirated goods are rare. For example, the U.S. Department of
Commerce found essentially all music and video sold in Nigeria is pirated, and pirate copying studios
operate openly. Even state-run television and radio run illegally copied movies and programs.
In 1999, Nigeria turned from military to largely democratic rule, and foreign companies that had
wanted to invest in Nigerian industrial and manufacturing operations have been looking for a safe
way back into Africa's largest and most affluent country.
To that end, potential industrial supply partners in Nigeria have been urging the police and other agencies
to make some effort at controlling the widespread counterfeiting of industrial products, and bearings
in particular. If foreign
partners believe their products are better protected in Nigeria, they believe, there will be
a surge in investment by those foreign manufacturing companies.
Bearings are among the most fundamental industrial products sold in any economy, and because of that are
a high-profile target for governments to display their commitment in actively pursuing counterfeits.
In Nigeria, SKF, Timken, INA, FAG and other most rolling element bearings are commonly
available as counterfeits. Counterfeit engine bearings overrun the market, targeting well-known
brands such as Taiho, NDS and KG.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Unauthorized reproduction is prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered
trademarks of eBearing Inc.
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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