Business
NAFDAC suspends tariffs on pharmaceutical products
The Governing Council of the National Agency for Food, Drug Administration and Control (NAFDAC), says it has suspended the usage of new tariffs which became effective on first June 2019.
As indicated by the News Agency of Nigeria (NAN), NAFDAC said this was because of pressure and to mollify desires of partners in the pharmaceutical, food as well as allied industries
Moreso, As indicated by an announcement signed by the Director, Public Affairs, NAFDAC, Dr. Abubakar Jimoh, the choice was reached after a long partners’ discussion meeting of the Governing Council.
The board said that the choice was however reached by the governing council of NAFDAC at a partners’ gathering held as of late in Lagos as was unveiled by the chairman of the committee, Mr. Inuwa Abdul-kadir.
“After a long partners meeting of the administering committee, it was settled that all NAFDAC partners influenced by the new tax will consequently return to payment of the old tax until further notice.
“The committee has considered generously the contributions of the partners in landing at another tax routine which will before long be discharged by the organization. Subsequent to doing all the needful, including sharpening the general population before it ends up,” Abdul-Kadir. Said.
He said that the suspension of the new duty as a result of NAFDAC’s promise to the advancement of the development of Micro, Small and Medium Enterprises (MSMEs) in the nation.
Abdul-Kadir said that the need to convey partners along in basic decision was in accordance with worldwide prescribed procedures and that NAFDAC would keep on advancing the assembling, exportation, and importation of good quality items.
“We have to advance neighborhood assembling of regulated items as a component of Federal Government purposeful endeavors to make jobs available as well as increase foreign exchange earnings
“Nigeria has the capability of creating pharmaceutical items for the local consumption and fare to West African Countries,” Abdul-Kadir said.
The chairman of the governing board focused on the requirement for NAFDAC to secure new research facility hardware, operational vehicles, and different offices to enable it to render quality and proficient administrations.
He, however, revealed that the organization will develop separate duties for the more than 35 million MSME administrators dealing on NAFDAC-directed items and furthermore guarantee that they stick carefully to administrative standards without compromise.
Modibbo Kawu, the DG of the National Broadcasting Commission, NBC, has been put on suspension by President Buhari. This came following his corruption charges by the Independent Corrupt Practices, ICPC.
This development was confirmed by Armstrong Idachaba, NBC’s Director of Broadcast Monitoring. Further, the most senior director in the commission has been directed to take over from Modibbo Kawu.
Modibbo Kawu is currently facing a 12-count charge bordering on money laundering, abuse of office, and misleading a public officer with the intent of defrauding the government.
So, this contravenes Section 26 (1) (c) of the Corrupt Practices and other Related Offenses Act 2000 and punishable under Section 19 of the same Act.
Beisdes, Modibbo was first arraigned in May 2019 over the alleged misappropriation of N 2.5 billion for the digital switch-over (DSO) program of the government.
The popular Mile 12 market in Lagos is currently engulfed in fire. This is coming barely seven days after a similar fire happened at another market in the Ajah area of Lagos
The fire at the Mile 12 market started in the early hours of Thursday 13th February. A report has it that the fire is still raging as the officials of the fire service are working to put out the fire.
Recall that the Mile 12 market is known for the sales of perishable items like fruits, vegetables and many more.
An early morning fire on Tuesday at the Atakumosa Central market in Ilesa, Osun State has destroyed several properties worth millions of Naira.
Information gathered revealed that the fire started around 1 am and continued for over two hours before it was put out at about 3:45 am by the efforts of the fire service in Osun State.
Besides, it was also discovered that the inferno started without knowing the cause and its intensity could not be contained by the initial set of people available.
Several shops were destroyed as it spread from one shop to another. Osun State Police PR, Folasade Odoro confirmed the incident and said the police deployed men to the scene to prevent looting of shops by miscreants.
However, she said the value of destruction cannot be ascertained but said many shops were razed by the fire.
