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Vono laments fake products, seeks FG’s assistance

By Peter Egwuatu

Vono Products Plc, a company quoted on the Nigerian Stock Exchange, NSE  has lamented the negative impacts of fake products on the company’s business and appealed to the Federal Government to intensify efforts in combating influx of these products into Nigeria. The Managing Director, Mr Tunji Anjorin, while addressing the company’s trade partners at a Press Conference during the  unveiling of the company’s new hospital furniture in Lagos explained that influx of fake products, low government patronage and high exchange rate of the Naira to other convertible currencies have moderated capacity utilization in the real sector.

Vono Products Plc has introduced new hospital examination bed, classic bed, cabinet and drip stand to enhance service delivery in the hospital. Anjorin stated that the hospital bed was a product of extensive research to address some of the critical issues affecting examination of patients in the hospital. He noted that despite the inclement operating climate in Nigeria, Vono Products was set to deliver superior products at all times.

According to him “the examination bed had been designed for comfort, the drip is adjustable while the bedside cabinet is not only waterproof but good for storage.” Anjorin explained that the company had produced the furniture in commercial quantity and many hospitals in both the private and public sectors had embarked on placing orders on the new products.

He re-stated the company’s resolved leverage on its strong brand to expand its products and services and boost shareholder value. “Despite the harsh operating environment, management is working round the clock to ensure timely delivery of quality products at all times. “Our hospital furniture, particularly, our Examination Bed is a product of research and understanding of the needs of the end users particularly the functionality and durability as our basis for design.

These components remain part of what Vono holds dear and what keeps our customers endearing to us. “We are determined to satisfy our customers by constantly anticipating their needs and satisfying them even before they realize that such needs exist. “, Anjorin assured.  He assured the company’s shareholders of increased value as the company would continue to place premium on quality and affordable products despite the high production cost. He stated that the company had capacity to meet demand at any point in time and end users of the products enjoy after sales service.

Making a special presentation on the new products, Vono Products’s Project Manager,   Mr Raheal Oshinubi explained that the three  furniture were tailor-made to enhance service delivery in our hospitals. He noted that the products’ quality conformed with international best practices. Endorsing the products, the Chief Medical Officer, GEO Medical Center, Dr Adetomiwa George who described Vono’s products as of highest quality recommended the new furniture to all hospitals. He commended the company for boosting the government’s local content policy.

Speaking on the prevalence of fake products in Nigeria, the Group Head, Sales and Marketing, Vitafoam Nigeria Plc, Mr Sola Owoade noted that companies were co-operating with the statutory organizations such as the Standard Organization of Nigeria (SON) on surveillance in order to arrest the perpetrators.

On the cost of foams in Nigeria, Owoade advocated the use of Consumer Buying Rights to expose consumers to their peculiar needs as currently done by Vitafoam Nigeria Plc.


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