Wednesday , February 21 2018
Breaking News

NAFDAC destroys fake, expired drugs worth N80m

The National Agency for Food, Drug Administration and Control (NAFDAC) has destroyed expired drugs, food, cosmetics, and expired drinks worth N80 million.

Prof. Moji Adeyeye, the Director-General of NAFDAC, made this known on Wednesday at the venue of the joint exercise in Abuja.

According to Adeyeye, some of the products were voluntarily forfeited to NAFDAC by companies and non-governmental organisations while others were mopped up from circulation via enforcement activities of the Agency.

 

About Lanre Oyetade

A multiple award winner in Economics and business journalism, Lanre Oyetade has served close to two decades in the media industry, spanning different notable stables, where he is privileged to have risen to the position of a title editor. A masters degree holder in Economics from the University of Lagos and doctoral student at the Babcock University, he is a winner of the prestigious NMMA Capital Market Award for two consecutive years (2004 & 2005), and was also a nominee for the body’s banking and finance and money market awards for two years. In 2013, he also won the Most Outstanding Business-Reporting Title Editor award of the National Institute of Marketing of Nigeria (NIMN). A minister in the LORDS’s vineyard, he has been an inspirational speaker and resource person at many corporate and religious fora since early 2004, and has so far authored three books on the capital market; on personal effectiveness, and on personal finance, in 2008 and 2014, respectively.