According to local media reports the Standards Organization of Nigeria stated that in 2011, about 85 percent of goods in circulation in Nigeria were substandard and counterfeit. As of 2014, the level has gone down to 40 percent (in certain industries) which still implies that out of every 10 products, four are counterfeit..
• World-wide, cross border trade in physical counterfeits alone costs the global economy USD 250 billion a year
• Philips campaign to address counterfeit product sales in Nigeria and across the continent; consumer protection through innovative hologram security stickers and code identification
• Sms validation of Philips lighting products through dedicated 20822 sms verification center is in the process of being implemented
• Two-year guarantee on all original Philips products