Business
NAFDAC Warns Table Water Producers Against Excessive Use Of Chlorine
The National Agency for Food, Drug Administration and Control (NAFDAC), has warned table water producers against the use of excessive chlorine in its treatment.
The Director-General of the agency, Dr. Paul Orhii, gave the warning, Tuesday, in Enugu during a re-certification workshop for packaged water producers by NAFDAC.
Orhii, in a massage delivered by the South-East Zonal Head of the agency, Mr Udoekpo Ekpo, said the improper use of chlorine in water treatment could cause severe damage to health.
He commended the Association of Table Water Producers of Nigeria for their efforts in organizing members toward self-regulation.
“I would like to inform you that NAFDAC is intending to carry out a re-certification of all packaged water factories irrespective of registration status,” he said.
On her part, the Deputy Director of Regulatory Affairs at NAFDAC, Mrs Jane Omojokun, called on water producers to seek adequate approval from the agency before advertising their products.
According to her the registration of a product does not guarantee automatic advertisement permit.
She called on table water producers to ensure adequate treatment to minimize the risk of re-contamination.
Our correspondent reports that table water producers from Enugu, Anambra and Ebonyi states attended the workshop.
It would be recalled that a similar workshop was held in Aba, Abia State on Tuesday.
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
Business
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