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Thursday, 12 November 2015

NAFDAC fines Guinness N1bn over expired raw materials

Nigeria’s Guinness said on Thursday it had been fined N1 billion ($5 million) by the local food and drug agency over alleged infractions relating to the destruction and re-validation of expired raw materials without prior approval.
The local unit of Diageo said it did not fully understand the basis for the fine, nor the particular regulations infringed, but was in talks with the National Agency for Food and Drug Administration and Control (NAFDAC) to resolve the matter, reports Reuters.
The latest action by a government agency against a multinational company is coming on the heels of the N1.2 trillion ($5.2bn) fine the Nigerian Communications Commission (NCC) slammed on telecoms firm, MTN for not disconnecting unregistered sim cards from its network.

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