Skip to main content

NAFDAC fines Guinness N1bn over expired raw materials

By
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.

Comments

Post a Comment

Popular Posts

Photo: Secret Ogboni Fraternity Membership Form In 1955

By
The Ogboni Fraternity is regarded by some as the most powerful secret organization in Nigeria. According to the Nigerian Constitution, you cannot be a member of a secret cult and run for office of the President of the Federal Republic.
44 comments
Read full story »

What African Leaders should not do to save their Economies after COVID-19

By
Originally published on Herald Newspaper.   “When men attain power, they go crooked.” This piece is coming from an author, I, and the introductory quote is quite dubious enough but the truth is perpetually bitter. To open the curtain on this important discussion, I would like to congratulate several African leaders on the various precautionary measures they have instigated to hamper the raging spread of this plague. They should know that this is the dawn of a new era and certainly not the time to cast aspersions on who bears the onus or play politics on the suffering proletarians. Those residing in the hinterlands have successfully lost their sources of livelihood as almost every country has embarked on complete lockdown. The private sector, considered as elites, are even battling on how to pay their employees who are now on official vacation. The government as a whole cannot import their needs and have to dig into their reserves to try to keep every Tom, Dick, and Harr...
1 comment
Read full story »

Did You Know: High consumption of smoked meat may cause cancer - WHO

By
Processed meats – such as bacon, sausages and ham – do cause cancer, according to the World Health Organization (WHO).
Post a Comment
Read full story »