China Procurement Scams and How to Avoid Them

Procuring goods from China offers Nigerian businesses cost advantages, but the landscape is riddled with risks. Fraudulent suppliers, counterfeit products, and payment scams cost Nigerian importers over ₦12 billion annually, undermining trust and profitability. Many businesses fall victim to sophisticated schemes, such as fake factory listings on Alibaba or bait-and-switch tactics, where inferior goods replace ordered products.

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