He said that his association had partnered with NAFDAC on the exercise by bringing some expired drugs collected from members of ACPN.
NAN
Published
1 year agoon
NAFDAC– The National Agency for Food and Drug Administration and Control on Wednesday destroyed fake and expired goods worth over N500 million in Abuja.
Speaking during the exercise, the Director-General of the agency, Prof Mojisola Adeyeye, stated that some of the goods were also voluntarily submitted to the agency.
Represented by Mr Francis Ononiwu, NAFDAC Director of Investigation and Enforcement, the D-G stated that the exercise is carried out routinely all over the country.
Speaking on why the goods were destroyed, the NAFDAC boss said that the destruction of the products was done to prevent their re-introduction to the supply chain.
Adeyeye listed some of the products destroyed as drugs made up of psychoactive and controlled substances like antibiotics, antihypertensive, antimalarials, herbal snuff and herbal remedies, and drugs confiscated from drug hawkers.
She also listed the food products such as Spaghetti, vegetable oil, and non-alcoholic beverages, including a 1 by 40ft container of unregistered Faurecia instant-powered milk that was handed over to the agency by the Nigeria Customs Services.
Others were cosmetics such as creams, lotion, and pomade, including skin-lightening creams seized from SPAS and beauty centres, chemicals such as fake insecticides and medical devices.
Also destroyed were expired and unwholesome products voluntarily handed over for destruction by complaint companies, Non-Governmental Organisations and the Association of Community Pharmacy of Nigeria.
According to the NAFDAC boss, the estimated street value of the products being destroyed is N535,000,657.00.
“I have said on several platforms that drug counterfeiting is an act of economic sabotage, and it also represents a serious threat to public health, and NAFDAC under my watch has been repositioned to fight this menace.
“The agency has adopted a proactive approach by engaging political, traditional, faith leaders, journalists and other Nigerians to sensitise their wards on the dangers of dealing with substandard and falsified medicine.
“I wish to use this medium to urge all and sundry to be on the lookout for spurious and counterfeit medicines, unwholesome foods and other regulated products and report same to NAFDAC,” she said.
Mr Isiaku Gamajira, FCT Coordinator, Standard Organisation of Nigeria, stated that NAFDAC is a sister agency when it comes to the regulation of products, hence the reason why SON was at the event.
He noted that many people lack education on how to get certification for their products, stressing that it is the reason why most goods from Nigeria are rejected abroad.
“We are aware of government policy on zero rejection of Nigeria products, we have a policy called product certification in which a certificate is issued on products made in Nigeria that are to be exported.
“In doing all these, we ensure that we key into the principle set up in line with the government of the exporting country, and issue a certificate of performance to avoid Nigeria’s product rejection when they get to the point of entry.
“We have offices all over the country where information about product certification can be gotten, our addresses are also available online for you to reach out to us.
“We provide people with proper guidance when they approach us, SON has been carrying out its compliance activities among which is the seizure of substandard products. We have just destroyed the tyres
“Tyre is a product which lives depend on and SON has a serious interest when it comes to compliance action, seizure in that regard, on Sep. 29, SON destroyed a lot of tyres and these are some of the things we do.
“Most of these tyres are imported, it is our commonwealth, If you see the quantum of what we have destroyed in the last few months, you will be surprised,” Gamajira said.
Mr Enejoh Amade, Chairman of, the Association of Community Pharmacists of Nigeria, FCT Chapter, said his association would continue to support NAFDAC to rid the country of substandard drugs.
He said that his association had partnered with NAFDAC on the exercise by bringing some expired drugs collected from members of ACPN.
NAN
Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com
Published
2 hours agoon
January 21, 2025World Bank Debars Nigerian Companies Over Corruption in Social Safety Net Project
By femi oyewale
The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along with their Managing Director and CEO, Mr. Norman Didam, for engaging in fraudulent, collusive, and corrupt practices linked to the National Social Safety Nets Project in Nigeria.
In a statement released on Monday, the World Bank detailed unethical actions during the 2018 procurement and contract processes for the project, which was designed to provide financial assistance to poor and vulnerable households.
“The World Bank Group today announced the 30-month debarment of two Nigeria-based companies—Viva Atlantic Limited and Technology House Limited—and their Managing Director and Chief Executive Officer Mr. Norman Bwuruk Didam. The debarment is in connection with fraudulent, collusive, and corrupt practices as part of the National Social Safety Nets Project in Nigeria,” the statement read.
Allegations and Findings
According to the World Bank, Viva Atlantic Limited, Technology House Limited, and Mr. Didam misrepresented a conflict of interest in their bids and gained access to confidential tender information from public officials. These acts violated the bank’s Anti-corruption Framework.
The companies and Mr. Didam also falsified experience records, submitted fake manufacturer authorization letters, and offered inducements to project officials, further undermining the integrity of the initiative aimed at assisting Nigeria’s most vulnerable populations.
The statement added, “Viva Atlantic Limited and Mr. Didam misrepresented Viva Atlantic Limited’s experience and submitted falsified manufacturer’s authorization letters, as well as offered and provided things of value to project public officials. These actions were fraudulent and corrupt practices, respectively.”
Sanctions and Compliance Measures
The debarment bars the two companies and Mr. Didam from participating in World Bank-financed projects and operations for the next 30 months. As part of their settlement agreements, the parties admitted their culpability and agreed to meet specific conditions, including enhanced compliance measures.
Mr. Didam is required to complete individual ethics training, while both companies must strengthen their internal integrity policies and implement corporate ethics training programs aligned with the bank’s Integrity Compliance Guidelines.
The World Bank noted that reduced debarment periods were granted due to the parties’ cooperation during the investigation, voluntary corrective actions, self-imposed restraints from bidding, and the time elapsed since the infractions.
Broader Implications
The debarments are subject to cross-debarment by other multilateral development banks under the 2010 Agreement for Mutual Enforcement of Debarment Decisions, further limiting the companies’ ability to participate in international development projects.
The World Bank reiterated its zero-tolerance policy on corruption, emphasizing that the implicated parties must fulfill the stipulated conditions during the debarment period to regain eligibility for future Bank-funded initiatives.
“The companies also commit to continue to fully cooperate with the Bank Group Integrity Vice Presidency,” the statement concluded.
This development underscores the World Bank’s commitment to ensuring transparency and accountability in its projects, particularly those aimed at improving the livelihoods of the world’s most vulnerable populations.
Published
11 hours agoon
January 20, 2025Joy and elation enveloped the Idotun Community Junior High School, a suburb of Lekki, on Thursday when Dangote Petroleum Refinery & Petrochemicals, in partnership with Dangote Fertilisers Limited, awarded scholarships to 473 students from 10 secondary schools and 7 tertiary institutions. In addition, the company donated eight hundred and four (804) tables and chairs to secondary schools in their host communities of Ibeju-Lekki.
Students, parents, teachers, and community leaders expressed their immense joy as the scholarship certificates were presented to the beneficiaries, alongside educational materials, including textbooks and notebooks, as part of the 5th Edition of the Dangote Scholarship Award Programme.
Group Vice President of Oil & Gas at Dangote Industries Limited, Devakumar Edwin, remarked that the event symbolised a shared vision—a partnership between Dangote Industries and the host communities, designed to build a foundation for sustained growth, one that is rooted in education, innovation, and opportunity.
He further emphasised that the initiative is not merely a celebration of achievements but a reaffirmation of the group’s commitment to nurturing potential, empowering communities, and shaping a brighter future for the leaders of tomorrow.
“Education, as we all know, is the passport to the future. At Dangote, we believe that education is not just a privilege but a right that every child deserves. This belief has fueled our dedication to supporting students and schools in our host communities since the year 2019 when we launched the Scholarship Award Programme as a key pillar of our Community Development Plan, with year-on-year progress,” he said.
Praising the students for their academic dedication, which he acknowledged has resulted in remarkable growth over the years, Mr. Edwin highlighted the impressive year-on-year progress—from 56 students in 2019 to 450 beneficiaries in 2024. He stated that the company is deeply inspired by their determination and is confident that the resources provided will empower them to realise their dreams.
He also noted that the decision to donate the 804 tables and chairs to schools was part of the company’s broader commitment to enhancing the learning environment. This gesture, he emphasised, is a testament to the company’s dedication to ensuring that every child has access to a conducive environment for learning, where they can grow, dream, and thrive.
“To the scholars here today, you are at the heart of our initiatives. Your dreams, aspirations, and hard work inspire us to continue making a difference. As you embark on your academic journeys, remember that the support you receive today is a seed sown in fertile ground. Nurture it with dedication, perseverance, and a spirit of excellence, and it will yield remarkable fruits in your future.
“I would like to extend my heartfelt gratitude to our community leaders, dedicated school administrators who work tirelessly to ensure the success of these initiatives. Your partnership and support are invaluable, and we are honored to work alongside you in empowering the next generation,” he added.
The Managing Director of Dangote Industries Free Zone Development Company (DIFZDC), Olayinka Akande, urged the beneficiaries to uphold excellence, which he identified as one of the core values of Dangote Industries Limited. Emphasising the importance of dedication and diligence, he encouraged the students to aim high, noting that with such attributes, some of them could rise to become governors, ministers, captains of industry, or even the next ‘Edwin’ in the future.
The Head of Social Performance at Dangote Petroleum & Petrochemicals, Ogunleye Mojisola, highlighted that the education intervention is one of the four pillars of the Community Development Plan, which was jointly designed with the community. Reflecting on the scheme’s success since its inception in 2019, Ogunleye expressed gratitude to the management for consistently providing the necessary resources to sustain the programme.
“The increase in the number of beneficiaries each year is a clear indication that the initiative is fulfilling its purpose, motivating students to study hard and achieve academic excellence,” she remarked.
The Aro of Lekki Kingdom, Chief Adewale Salami, who represented the Oni of Lekki, conveyed his appreciation for the intervention, affirming that the company is helping to shape the future of the community. He also expressed the kingdom’s continued support for Dangote Industries Limited.
The Chairman of the Lekki Coastal Area Development Association, Alhaji Wasiu Ayeola, praised the founder and Chief Executive of Dangote Industries Limited, Aliko Dangote, for transforming what was once a hunting ground of rabbits and lizards into a multibillion-dollar investment that benefits not only the local community and Lagos but also Nigeria and the world. He emphasised that education is the most effective way to shape the future of the community.
Several beneficiaries, including Atibere Peter from Lagos State University, Dauda Omolara from Community Senior High School, Magbon Segun, and Ganiu Ayomide from Community Senior High School, Akodo, among others, expressed their heartfelt gratitude. They noted that the scholarship and support would motivate them to study harder and alleviate the financial burden on their parents and guardians.
PHOTO CAPTION
DSC 5901, Vice President, Oil & Gas, Dangote Industries Limited, Devakumar Edwin; Some of the Baales and Dignitaries at handing over of Tables and Chairs Donated to Host Communities secondary schools by Dangote Petroleum Refinery, Petrochemicals and Fertiliser Plant in Lekki, on Thursday 16th January 2025.
DSC 5913; L-R, Alh. Wasiu O Ayeola , Chairman Lekki Coastal Area Development Association, Jaiswal Anurag, Director of Operations Dangote Fertiliser, Chief M. Adewale Salami, Aro of Lekki kingdom, Represent Oni Lekki of Lekki,
Vice President, Oil & Gas, Dangote Industries Limited, Devakumar Edwin; Chief Mufutau Dauda, Baale of Magbon and Chairman of Baale’s in Lekki, Director Clubs and Societies Education District 3, Rep. Of Perm. Secretary, Ajibola – Morebise Olubunmi, at the handing over of Tables and Chairs Donated to Host Communities secondary schools by Dangote Petroleum Refinery, Petrochemicals and Fertiliser Plant in Lekki, 5th Edition of the Dangote Scholarship Awards on Thursday 16th January 2025.
Published
17 hours agoon
January 20, 2025
Consider Tunde’s story. Tunde, a hopeful investor, trusted in promises and skipped due diligence. He ended up with land under government acquisition, facing the bitter consequences of a hasty decision. His story echoes through the real estate market, serving as a cautionary tale to those who believe shortcuts are harmless.
As a realtor with years of experience, I’ve seen many lessons in real estate, and Tunde’s story is one of them.
In September 2020, Tunde reached out to me after reading one of my articles. He was thrilled about buying land in Folu Ise village, Ibeju-Lekki, because it was very cheap—just around N300,000. I advised him to verify the land’s documents to ensure it wasn’t under government acquisition. However, because the real estate company behind the deal was popular, Tunde chose to trust them and rushed into the purchase.
Later, Tunde found out the land was under government acquisition and couldn’t be used. He lost a significant amount of money and learned a painful lesson. Unfortunately, this wasn’t an isolated case—many investors who bought land in that location around that time have faced similar losses.
This is why working with an experienced and thorough realtor is crucial. I ensure my clients avoid these pitfalls and make secure, informed investments.
It’s a humid afternoon in Lagos, and you’re sitting across from a beaming seller at a bustling cafe. He’s selling you a dream—a piece of land in a prime location, promising high returns and a secure future. The deal seems too good to pass up. Excited by the possibilities, you shake hands, exchange money, and leave with a sense of accomplishment.
But what happens next?
Months down the line, reality hits hard. You receive a letter from a government agency claiming ownership of the land. The seller has disappeared, and your dreams of building a home or starting a business are shattered. The money you invested seems irretrievable, and legal battles loom ominously on the horizon. The regret sinks in—why didn’t you verify everything before signing the dotted line?
Skipping due diligence before buying property in Nigeria can lead to devastating legal problems. It’s not just about securing a good deal; it’s about protecting your investment, your future, and your peace of mind.
The Heartbreak of Legal Issues
Imagine the emotional turmoil of realizing that the property you thought was yours is entangled in legal disputes. The stress of navigating complex legal systems, the financial burden of legal fees, and the uncertainty of the outcome can weigh heavily on anyone. It’s a scenario that no one wants to experience, yet many unwitting buyers find themselves in precisely this predicament.
Consider Tunde’s story. Tunde, a hopeful investor, trusted in promises and skipped due diligence. He ended up with land under government acquisition, facing the bitter consequences of a hasty decision. His story echoes through the real estate market, serving as a cautionary tale to those who believe shortcuts are harmless.
Why Due Diligence Matters
Due diligence isn’t just a formality—it’s your shield against potential disasters. Here’s why taking the time to investigate before buying property in Nigeria is crucial:
1. Verifying Ownership and Title
The first step in due diligence is confirming that the seller has legal ownership of the property and can transfer that ownership to you. In Nigeria, where land ownership can be contentious and documentation irregular, verifying the title is non-negotiable. Without this step, you risk buying property that someone else may claim as theirs, leading to legal battles that could tie up your investment indefinitely.
2. Uncovering Hidden Liabilities
Properties can come with hidden liabilities such as unpaid taxes, mortgages, or pending litigation. Without due diligence, you might inherit these financial burdens along with the property. Imagine buying what seems like a lucrative plot of land, only to discover hefty tax bills or unresolved disputes that threaten your financial stability.
3. Ensuring Compliance with Regulations
Local regulations, zoning laws, environmental restrictions—these are just some of the regulatory aspects that can affect your property’s use and value. Ignoring these factors can result in penalties, restrictions on development, or even demolition orders. Due diligence ensures that the property you intend to buy aligns with your plans and complies with all legal requirements.
4. Assessing Market Value
A property’s market value isn’t always what it seems. Sellers may inflate prices, especially in high-demand areas or emerging markets. By conducting due diligence, including market analysis and comparative valuations, you can negotiate from a position of knowledge. Knowing the true value protects you from overpaying and ensures that your investment is financially sound.
5. Protecting Your Peace of Mind
Investing in real estate should be exciting, not anxiety-inducing. Proper due diligence provides peace of mind, knowing that you’ve done everything possible to safeguard your investment. It’s about making informed decisions rather than taking blind risks, ensuring that your property purchase is a step towards your goals, not a leap into uncertainty.
Conclusion
In the fast-paced world of real estate investment in Nigeria, due diligence isn’t just advisable—it’s essential. It’s the difference between a successful transaction and a costly mistake. Whether you’re a first-time buyer or a seasoned investor, taking the time to verify, investigate, and confirm every aspect of a property before purchase is a prudent decision that can save you from heartache and financial ruin.
So, before you sign that contract or transfer that payment, ask yourself: Have I done my due diligence? The answer could make all the difference in your real estate journey.
Written by Dennis Isong, your trusted advisor in Nigeria’s real estate market. Let’s ensure your next investment is a smart and secure one.
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