Vunderkind
Social Member
THE assessed impact of the menace of counterfeit and pirated products is said to be causing the global economy in international trade about $360 billion losses yearly.
Beside,about $150 million is said to be lost in tax revenue each year due to counterfeits in major markets.
Indeed, the menace of counterfeiting is said to cut across virtually all the sectors of the economy, but much impacts are felt in the Information and Communication Technology (ICT) sector.
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Source: NGR Guardian
Beside,about $150 million is said to be lost in tax revenue each year due to counterfeits in major markets.
Indeed, the menace of counterfeiting is said to cut across virtually all the sectors of the economy, but much impacts are felt in the Information and Communication Technology (ICT) sector.
Click here to read more
Source: NGR Guardian
