Business
INVESTIGATION: China floods northern Nigerian markets with unregulated monosodium glutamate products (MSG)
INVESTIGATION: China floods northern Nigerian markets with unregulated monosodium glutamate products (MSG)
As early as 8 a.m. on Saturday and despite the blaring of vehicles’ hoots and noises from all over the place, Alhaji Aminu – a wholesale dealer at Kano’s Singer market – is busy and perhaps overwhelmed attending to a horde of customers seeking to buy one item or the other.
Singer is Kano’s largest commodities market situated along Ibrahim Taiwo Road.
As Aminu and a number of his workers are taking orders from the customers many of whom are women, others are arriving and forming a queue.
A large number of those coming to his shop are demanding a particular product – unbranded monosodium glutamate.
A made-in-China product – Fufeng monosodium glutamate is what many are looking for.
Already, a corner of Aminu’s store is filled with one of the products in 25kg bags, yet, there is a two-wheeled cart waiting outside to offload more. Despite what looks like an overwhelming situation, Aminu is having a good day and he says it has always been like that because “people want the product”.
To some of the customers, including retailers, unbranded monosodium glutamate products like Fufeng are cheap and affordable.
At the Singer market, Fufeng and another unbranded MSG, Wuyi, are popular. But Fufeng appears to be the most sought-after. Consumers say the items have been in the market alongside branded products for some years now.
What is MSG
MSG, or monosodium glutamate, is a flavor-enhancing food additive used in Asian cooking, fast foods, and commercially packaged food products. It is a white crystal-like substance in use for over 100 years.
Among locals in northern Nigeria, white additives in crystal form are known as “Farin Maggi”, regardless of the brand. Consumers in the south call it “white Maggi”.
“Fufeng MSG” is ahead of the known and branded bagged ones in the market. On the side of the bag of the MSG is written “Produced by Fufeng”, with “Country of Origin: China,” as an addendum to the information. Wuyi, the rival product is also made in China.
No mark of authorization
Funfeng and other unbranded MSG products being sold in the Nigerian market have no mark of authorization from the government’s regulatory agencies.
The packaging also does not bear the insignia of the National Agency for Foods Drugs Administration and Control (NAFDAC) that certifies such products as fit for human consumption and there is no mark of the Standard Organization of Nigeria (SON) on it.
According to Mojisola Adeyeye, director general (DG) of NAFDAC, any unregistered food is not guaranteed by the agency. “It is fake food. It was most likely smuggled into the country,” Adeyeye warned.
The agency is mandated to give permits and authorization for the importation of foods and chemicals into the country.
‘’For safety and security concerns, NAFDAC does end-to-end monitoring for all chemicals. We request distribution and utilization patterns before we give importers permits to import chemicals,” Adeyeye was quoted as saying in a report.
“We must know who you have sold the chemicals to in your report. These are the things you must clarify to us before we give approval for a permit to clear chemical consignments.’’
The rush for unbranded MSGs
The boom in the sale of the product is happening two years after unauthorised chemicals killed three persons in Kano after consuming adulterated flavored milk.
Three persons were arrested by NAFDAC after the agency discovered the chemicals were used as additives in the flavored milk that the victims consumed.
Each day, as many as 20 customers demand the unbranded MSG product from Aminu’s store — though the 25kg is not certified by NAFDAC for home use, those who order it at the Singer market use it for retail and domestic purposes. Operators of big restaurants in the city are said to be among big buyers.
It comes cheaper at N43,000 per 25kg and allows wholesalers and retailers to sell in small units, including measuring in what locals call “modu” – local parlance for a unit of measurement.
In a bag, there are as many as 10 to 15 mudu, according to a dealer who asked not to be named.
What determines the preference of customers for these unbranded products, he added, are the number of mudus and the flexibility to adulterate the product by mixing with salt so as to increase bulk and make more profit, this paves the way for adulteration with any other cheap white powdery substance
“So your customers know what you’re bringing… but the most acceptable in the market is one with the highest number of mudu. The higher the number of mudu and purity of the MSG, the higher the price,” he said.
Aminu testifies that the product is easily affordable for customers.
“The price of 25kg Fufeng monosodium glutamate in my shop is 43,000, but for you as a new customer, I can do a discount for you and sell it to you at the price of 42,000. I want to establish a good relationship with you, so that you may come back to me and buy more,” he told this reporter as he showed the product.
“Before you sell one carton of the branded one, you sell five sacks of the unbranded product.”
From Lagos to Kano, Fufeng and others like it have found their way to nearly all the northern markets.
The infiltration started a few years ago, according to people at Singer market. But the products have gained popularity and acceptance among households now. They are also sold in the Abubakar Rimi market (Sabon Gari market).
It is not clear how they scaled the scrutiny of the Nigeria Customs Service (NCS). But dealers say it comes in trucks as supplies by some businessmen that they declined to name.
The merchant confirmed that many brought these products into the country through illegal routes. “And if you have to follow the legal field then you have to have a link with the company (that produces sachets) for approval,” he said.
Aminu corroborates this claim – he admits the products are imported through Lagos but does not reveal the identities of the importers.
“We are getting the supply of it from Lagos because this is not a Nigeria-made product,” Aminu said.
“This unbranded product is very popular. In the past, only people from rural areas were using it, but now everyone buys it.”
Like Aminu, Alhaji Bashir who is also a popular dealer of the MSG in the market confirmed that Lagos is the origin of the product. “The product is made in China, not Nigeria,” he retorted.
“I order it from Lagos whenever I sell out the ones that are in my shop. Lagos is the source of this product. People buy this product more. That is why we are selling it.”
At the market, there are retailers like Alhaji Dini who sell it in small packets for average people who cannot buy 25kg.
At his shop, he measures in “mudu” which is N4,650. “I’m not a dealer; I am selling it to average people who cannot afford 25kg,” he said as he showed off the small units packaged in a white cellophane bag.
“One bowl of this product is N4,650. It depends on the needs of the customers. Even if they come with N300, there is something for them. The price starts from N300 and above.
“I buy 25kg and sell it in small packets to people who cannot afford 25kg. My price starts from N300 and above. You know this one is cheaper compared to the branded one.”
When he was asked if he knew that the product was not meant for domestic use and could be harmful to human health, he replied “No”.
“How can you tell me this is not safe for use? Dini quipped. “This cannot happen. People have been using it for cooking. This is not the only thing I sell here. There are branded ones and different types of products.”
But Amina Kamal, a food vendor in the Sabon Gari area of Kano has no worries using the MSG. Amina said she uses it in her cooking because it gives a good taste to the food.
“I use it for my cooking and sometimes I buy the branded one. But honestly, this one is cheaper than the branded ones. That is why we use it,” she said.
“This product is for people to use and cook. People like us enjoy using it because of the taste.”
Sadiya Kamilu, a housewife who was at the market to pick daily needs for her family said the product is very good for cooking, which is why she prefers it.
“I use it for my cooking because it gives a good taste to the food, and it is cheaper,” Sadiya said.
“I don’t think it is harmful but I heard people say that. But that does not stop me, because I don’t believe it.”
FCPC vows to track unbranded products
The Federal Competition and Consumer Protection Commission (FCCPC) has indicated an interest in tracking all the unbranded and unauthorised MSG products across the commodities markets in Kano.
The FCPC is charged with the responsibility of promoting fair business practices and safeguarding the interests of consumers.
According to Boladale Adeyinka, the FCCPC director of surveillance and investigation, the commission would send its teams and secure samples.
“It has come to the attention of the FCCPC and we are sending our surveillance team to confirm and secure samples,” she said in a reply to inquiries by this reporter.
“Where there is a need for emergency intervention, we would provide urgent and interim interventions. We will also provide updates.”
Adeyinka said her office is responsible for market surveillance and investigation, which are “vital tools for protecting consumers when violations occur”.
BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025
By femi Oyewale
Business
Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards
Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards
In celebration of the season of love, Adron Homes and Properties has announced the launch of its special Valentine campaign, “Love for Love” Promo, a customer-centric initiative designed to reward Nigerians who choose to express love through smart, lasting real estate investments.
The Love for Love Promo offers clients attractive discounts, flexible payment options, and an array of exclusive gift items, reinforcing Adron Homes’ commitment to making property ownership both rewarding and accessible. The campaign runs throughout the Valentine season and applies to the company’s wide portfolio of estates and housing projects strategically located across Nigeria.
Speaking on the promo, the company’s Managing Director, Mrs Adenike Ajobo, stated that the initiative is aimed at encouraging individuals and families to move beyond conventional Valentine gifts by investing in assets that secure their future. According to the company, love is best demonstrated through stability, legacy, and long-term value—principles that real estate ownership represents.
Under the promo structure, clients who make a payment of ₦100,000 receive cake, chocolates, and a bottle of wine, while those who pay ₦200,000 are rewarded with a Love Hamper. Payments of ₦500,000 attract a Love Hamper plus cake, and clients who pay ₦1,000,000 enjoy a choice of a Samsung phone or a Love Hamper with cake.
The rewards become increasingly premium as commitment grows. Clients who pay ₦5,000,000 receive either an iPad or an all-expenses-paid romantic getaway for a couple at one of Nigeria’s finest hotels, which includes two nights’ accommodation, special treats, and a Love Hamper. A payment of ₦10,000,000 comes with a choice of a Samsung Z Fold 7, three nights at a top-tier resort in Nigeria, or a full solar power installation.
For high-value investors, the Love for Love Promo delivers exceptional lifestyle experiences. Clients who pay ₦30,000,000 on land are rewarded with a three-night couple’s trip to Doha, Qatar, or South Africa, while purchasers of any Adron Homes house valued at ₦50,000,000 receive a double-door refrigerator.
The promo covers Adron Homes’ estates located in Lagos, Shimawa, Sagamu, Atan–Ota, Papalanto, Abeokuta, Ibadan, Osun, Ekiti, Abuja, Nasarawa, and Niger States, offering clients the opportunity to invest in fast-growing, strategically positioned communities nationwide.
Adron Homes reiterated that beyond the incentives, the campaign underscores the company’s strong reputation for secure land titles, affordable pricing, strategic locations, and a proven legacy in real estate development.
As Valentine’s Day approaches, Adron Homes encourages Nigerians at home and in the diaspora to take advantage of the Love for Love Promo to enjoy exceptional value, exclusive rewards, and the opportunity to build a future rooted in love, security, and prosperity.
*Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital*
*BY BLAISE UDUNZE*
Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful and strong amid triumphal headlines. The figures appeared to signal strength, resilience, and superior management as the Tier-1 banks such as Access Bank, Zenith Bank, GTBank, UBA, and First Bank of Nigeria, collectively reported profits approaching, and in some cases exceeding, N1 trillion. Surprisingly, a year later, these same banks touted as sound and solid are locked in a frenetic race to the capital markets, issuing rights offers and public placements back-to-back to meet the Central Bank of Nigeria’s N500 billion recapitalisation thresholds.
The contradiction is glaring. If Nigeria’s biggest banks are so profitable, why are they unable to internally fund their new capital requirements? Why have no fewer than 27 banks tapped the capital market in quick succession despite repeated assurances of balance-sheet robustness? And more fundamentally, what do these record profits actually say about the real health of the banking system?
The recapitalisation directive announced by the CBN in 2024 was ambitious by design. Banks with international licences were required to raise minimum capital to N500 billion by March 2026, while national and regional banks faced lower but still substantial thresholds ranging from N200 billion to N50 billion, respectively. Looking at the policy, it was sold as a modern reform meant to make banks stronger, more resilient in tough times, and better able to support major long-term economic development. In theory, strong banks should welcome such reforms. In practice, the scramble that followed has exposed uncomfortable truths about the structure of bank profitability in Nigeria.
At the heart of the inconsistency is a fundamental misunderstanding often encouraged by the banks themselves between profits and capital. Unknown to many, profitability, no matter how impressive, does not automatically translate into regulatory capital. Primarily, the CBN’s recapitalisation framework actually focuses on money paid in by shareholders when buying shares, fresh equity injected by investors over retained earnings or profits that exist mainly on paper.
This distinction matters because much of the profit surge recorded in 2024 and early 2025 was neither cash-generative nor sustainably repeatable. A significant portion of those headline banks’ profits reported actually came from foreign exchange revaluation gains following the sharp fall of the naira after exchange-rate unification. The industry witnessed that banks’ holding dollar-denominated assets their books showed bigger numbers as their balance sheets swell in naira terms, creating enormous paper profits without a corresponding improvement in underlying operational strength. These gains inflated income statements but did little to strengthen core capital, especially after the CBN barred banks from using FX revaluation gains for dividends or routine operations. In effect, banks looked richer without becoming stronger.
Beyond FX effects, Nigerian banks have increasingly relied on non-interest income fees, charges, and transaction levies to drive profitability. While this model is lucrative, it does not necessarily deepen financial intermediation or expand productive lending. High profits built on customer charges rather than loan growth offer limited support for long-term balance-sheet expansion. They also leave banks vulnerable when macroeconomic conditions shift, as is now happening.
Indeed, the recapitalisation exercise coincides with a turning point in the monetary cycle. The extraordinary conditions that supported bank earnings in 2024 and 2025 are beginning to unwind. Analysts now warn that Nigerian banks are approaching earnings reset, as net interest margins the backbone of traditional banking profitability, come under sustained pressure.
Renaissance Capital, in a January note, projects that major banks including Zenith, GTCO, Access Holdings, and UBA will struggle to deliver earnings growth in 2026 comparable to recent performance.
In a real sense, the CBN is expected to lower interest rates by 400 to 500 basis points because inflation is slowing down, and this means that banks will earn less on loans and government bonds, but they may not be able to quickly lower the interest they pay on deposits or other debts. The cash reserve requirements are still elevated, which does not earn interest; banks can’t easily increase or expand lending investments to make up for lower returns. The implications are significant. Net interest margin, the difference between what banks earn on loans and investments and what they pay on deposits, is poised to contract. Deposit competition is intensifying as lenders fight to shore up liquidity ahead of recapitalisation deadlines, pushing up funding costs. At the same time, yields on treasury bills and bonds, long a safe and lucrative haven for banks are expected to soften in a lower-rate environment. The result is a narrowing profit cushion just as banks are being asked to carry far larger equity bases.
Compounding this challenge is the fading of FX revaluation windfalls. With the naira relatively more stable in early 2026, the non-cash gains that once flattered bank earnings have largely evaporated. What remains is the less glamorous reality of core banking operations: credit risk management, cost efficiency, and genuine loan growth in a sluggish economy. In this new environment, maintaining headline profits will be far harder, even before accounting for the dilutive impact of recapitalisation.
That dilution is another underappreciated consequence of the capital rush. Massive share issuances mean that even if banks manage to sustain absolute profit levels, earnings per share and return on equity are likely to decline. Zenith, Access, UBA, and others are dramatically increasing their share counts. The same earnings pie is now being divided among many more shareholders, making individual returns leaner than during the pre-recapitalisation boom. For investors, the optics of strong profits may soon give way to the reality of weaker per-share performance.
Yet banks have pressed ahead, not only out of regulatory necessity but also strategic calculation.
During this period of recapitalization, investors are interested in the stock market with optimism, especially about bank shares, as banks are raising fresh capital, and this makes it easier to attract investments. This has become a season for the management teams to seize the moment to raise funds at relatively attractive valuations, strengthen ownership positions, and position themselves for post-recapitalisation dominance. In several cases, major shareholders and insiders have increased their stakes, as projected in the media, signalling confidence in long-term prospects even as near-term returns face pressure.
There is also a broader structural ambition at play. Well-capitalised banks can take on larger single obligor exposures, finance infrastructure projects, expand regionally, and compete more credibly with pan-African and global peers. From this perspective, recapitalisation is not merely about compliance but about reshaping the competitive hierarchy of Nigerian banking. What will be witnessed in the industry is that those who succeed will emerge larger, fewer, and more powerful. Those that fail will be forced into consolidation, retreat, or irrelevance.
For the wider economy, the outcome is ambiguous. Stronger banks with deeper capital buffers could improve systemic stability and enhance Nigeria’s ability to fund long-term development. The point is that while merging or consolidating banks may make them safer, it can also harm the market and the economy because it will reduce competition, let a few banks dominate, and encourage them to earn easy money from bonds and fees instead of funding real businesses. The truth be told, injecting more capital into the banks without complementary reforms in credit infrastructure, risk-sharing mechanisms, and fiscal discipline, isn’t enough as the aforementioned reforms are also needed.
The rush as exposed in this period, is that the moment Nigerian banks started raising new capital, the glaring reality behind their reported profits became clearer, that profits weren’t purely from good management, while the financial industry is not as sound and strong as its headline figures. The fact that trillion-naira profit banks must return repeatedly to shareholders for fresh capital is not a sign of excess strength, but of structural imbalance.
With the deadline for banks to raise new capital coming soon, by 31 March 2026, the focus has shifted from just raising N500 billion. N200 billion or N50 billion to think about the future shape and quality of Nigeria’s financial industry, or what it will actually look like afterward. Will recapitalisation mark a turning point toward deeper intermediation, lower dependence on speculative gains, and stronger support for economic growth? Or will it simply reset the numbers while leaving underlying incentives unchanged?
The answer will define the next chapter of Nigerian banking long after the capital market roadshows have ended and the profit headlines have faded.
Blaise, a journalist and PR professional, writes from Lagos and can be reached via: [email protected]
-
celebrity radar - gossips6 months agoWhy Babangida’s Hilltop Home Became Nigeria’s Political “Mecca”
-
society6 months agoPower is a Loan, Not a Possession: The Sacred Duty of Planting People
-
Business6 months agoBatsumi Travel CEO Lisa Sebogodi Wins Prestigious Africa Travel 100 Women Award
-
news6 months agoTHE APPOINTMENT OF WASIU AYINDE BY THE FEDERAL GOVERNMENT AS AN AMBASSADOR SOUNDS EMBARRASSING