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Products Registration: NAFDAC Reassures On Standards

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The acting Director-General, National Agency for Food, Drug Administration and Control, (NAFDAC), Mrs Yetunde Oni, said the agency would not compromise standards in its drive to fast-track product registration process.
Oni said this in Abuja while reacting to comments by stakeholders at the Presidential Enabling Business Environment Council (PEBEC) 2016-2017 Reform Update.
She said the agency would try to hasten the application and approval processes for product licensing without compromising on standards and health of citizens.
“NAFDAC is fully committed to the ease of doing business in Nigeria.
We have already taken a number of steps to demonstrate this.
“However, given the peculiarity of our agency and its impact on the health of citizens, there are fundamental issues that we cannot toy with.
“We try as much as possible to ensure that we accommodate everybody while operating in line with global standards.
“So for you to register a product, the laboratory result must be satisfactory. The lab is the heartbeat of the agency and so also the facility the business is operating,” she said.
However, to hasten the whole process, Oni advised Micro, Small and Medium Enterprises (MSMEs) doing similar businesses to form clusters.
She said together, they could invest in building standard structures, which once inspected and approved, would serve every member of the cluster.
Meanwhile, the Enabling Business Environment Council Coordinator, Dr Jumoke Oduwole, said that the council had priotised six Ministries, Departments and Agencies (MDAs) to improve their business environment.
“You talked and we listened. Since July, we have been paying closer attention to NAFDAC, SON, Ministry of Industry Trade and Investment, NOTAP, Police and Customs because they had the highest number of negative feedback.
“When it comes to trading across borders, movement of goods and services across the country, the private sector has brought to our notice that police and customs were said to be the worst.
“Also, on the issue of intellectual properties, people complained about the difficulties in getting patent and trade mark licence from NOTAP.
“Therefore to sustain the improvement, we are already seeing the ease of doing business in the country; we must ensure that these agencies improve their service delivery,” she said.
Oduwole said that the council was also working with state governments as well to improve the areas of starting a business, enforcing contracts, dealing with construction permits and registration of properties.
Also, Dr Adeoye Adefulu, a member of the Section on Business Law, Nigerian Bar Association, in a paper presentation, said government red tape continued to impact the cost of doing business in the country.
“Despite government’s efforts, there still remained slow permitting process with no fixed times and difficulties in obtaining updates on permit processes.
“Also, multiplicity of regulators with conflicting roles and lack of institutional respect between agencies is a challenge.
“Some regulators do not use modern tools of communication such as email to communicate with stakeholders and they have no concern for administrative or financial impact of regulatory imposition,” he said.
Adefulu urged the government to review its regulations on permits. He said that in some sectors, investors were required to apply yearly for renewal of permits.
“Investors are wary of investing in long term projects requiring long term finance because of the habit of regulators to issue short term licences,” he said.
A key component of the Federal Government’s change agenda is the creation of an enabling business environment for Nigeria and foreign-owned businesses.
The country currently ranks 169 out of 189 in the ease of doing business rankings of the World Bank.
The current administration aims to improve the country’s position to top 100 by 2019/2020 and top 50 in 10 years.

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FG Approves 4 New Channel Management Firms For Seaports

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The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
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RIRS Warns Against Unauthorised Tax Collection

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The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
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Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

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Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
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