Business
NAFDAC Nabs Bakers For Illegal Bread Production
The National Agency for Food and Drug Administration and Control NAFDAC, has arrested 10 persons for producing bread illegally in Rivers State.
The agency said the victims were arrested for not having NAFDAC approved registration numbers to produce bread, describing the act and the products as fake.
Addressing newsmen shortly after the raiding of bakeries located along Rumuokoro and Rukpokwu axis in Obio/Akpor Local Government Area last Wednesday, State Coordintor, NAFDAC, Mrs. Chinelo Ejeh said the Agency is poised to seal all unapproved bakeries and confiscate its products in the state.
Although the agency declined making the names of arrested bakers public including their company names.
Ejeh said, NAFDAC is determined to sanitise the state free from fake and unapproved bakeries, and illegal products to save the lives of consumers.
“We want to ensure that only good and quality products are sold for public consumption, as we monitor all our regulatory products,” Ejeh said.
The Coordinator said the agency carry out periodic raids to create awareness to illegal producers of fake products across the state
According to Ejeh, “every day NAFDAC officers go to the field for rountine inspection, monitoring of facilities to ensure that good and quality products are produced and sold to the public as to ascertain it’s standard”
She appealed to illegal producers of fake bread and other products to desist henceforth or face the wrath of the agency when arrested.
NAFDAC, Ejeh said is looking out for breads with Potassium Bromate and those selling unregistered products.
The Coordinator also frowned that most of the bakeries have not undergone their laboratory analysis to ascertain their quality and standard
Mrs Ejeh insisted that the ten suspects would be sanctioned for violating the agency law, as they would be a lesson to others.
Describing the raid as a bigger version of what NAFDAC does every day, Ejeh said the agency also carry out surveillance and investigation of illegal premises where fake products are being produced and sold without NAFDAC approved registration numbers.
She appealed to resident of the state to always reports fake and unapproved breads, to the agency for arrest and prosecution.
Chinedu Wosu
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
News3 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports3 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics3 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics3 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports3 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
-
Sports3 days agoPalace ready To Sell Guehi For Right Price
-
Sports3 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports3 days agoTottenham Captain Criticises Club’s Hierarchy
