NAFDAC destroys over 80 containers of fake drugs, food items

The National Agency for Food and Drug Administration and Control, NAFDAC, says it has destroyed no fewer than 80 containers of fake and substandard medicines and foods as part of its nationwide enforcement drive. The Director Investigation and Enforcement, Chairman Federal Task Force, NAFDAC, Dr. Martins Iluyomade, made this known at a press briefing on
NAFDAC destroys over 80 containers of fake drugs, food items

The National Agency for Food and Drug Administration and Control, NAFDAC, says it has destroyed no fewer than 80 containers of fake and substandard medicines and foods as part of its nationwide enforcement drive.

The Director Investigation and Enforcement, Chairman Federal Task Force, NAFDAC, Dr. Martins Iluyomade, made this known at a press briefing on Saturday to hint the public about a recent attack on its officials at the Trade Fair market in Lagos.

Iluyomade stated that over the years, the agency has battled a persistent challenge of fake, substandard, and counterfeit medicines and food items flooding Nigerian markets, particularly in major commercial hubs in Lagos.

“Currently, we are destroying over 80 containers of fake and substandard products. The moral decadence in Nigeria is so much and a lot of people benefit from this illicit trade and the rate is alarming.

“We will continue to mop up these markets in our bid to reduce the level of substandard to the barest minimum,” he said.

The Director described the incident, which occurred on Thursday, October 30, 2025, as a serious threat to enforcement operations, saying enforcement has gotten that dangerous for our officials, but someone has to do it.

He said, “About 10 operational vehicles worth over N25 billion were reportedly vandalised during the attack.”

Iluyomade lamented the alarming rate of fake and substandard products in Nigeria, particularly in major commercial hubs, noting that a lot of people benefit from this illicit trade.

NAFDAC destroys over 80 containers of fake drugs, food items

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Hold executive to account for loans, 2025 budget or resign — Group tells NASS

The Civic Alliance for Fiscal Transparency, CAFT, has asked members of the National Assembly to either hold the executive accountable for newly approved foreign loans and the delayed implementation of the 2025 capital budget or resign from office. In a statement on Saturday, Engr. Ayodele Olaposi, president of CAFT, said Nigerians were tired of a
Hold executive to account for loans, 2025 budget or resign — Group tells NASS

The Civic Alliance for Fiscal Transparency, CAFT, has asked members of the National Assembly to either hold the executive accountable for newly approved foreign loans and the delayed implementation of the 2025 capital budget or resign from office.

In a statement on Saturday, Engr. Ayodele Olaposi, president of CAFT, said Nigerians were tired of a legislature that “approves loans with one hand and closes its eyes with the other.”

He said the duty of lawmakers goes beyond appropriation to ensuring that every borrowed dollar and every naira budgeted for capital projects delivers visible results for the people.

Olaposi said that while President Bola Tinubu’s administration had recorded revenue gains through fiscal reforms and improved oil receipts, the benefits were yet to reflect in the lives of ordinary Nigerians because the 2025 budget remained largely unimplemented.

“It is unacceptable that after celebrating revenue growth and approving multi-billion-dollar loans, the government still drags its feet on the 2025 capital budget,” he said.

“This delay hurts the economy and erodes public confidence. Implementing the budget fully and transparently will prove that this administration is genuinely committed to developing the land and not just managing headlines.”

CAFT noted that Nigeria’s debt stock has continued to rise, crossing N149 trillion in mid-2025, while service obligations now consume over 60 percent of federal revenue.

The group warned that without strict legislative oversight, future generations would inherit debts without development.

“The National Assembly must not become a clearing house for unsustainable borrowing. Every loan approved must be tracked, audited, and tied to measurable impact. The time has come for legislators to justify the trust placed in them or make way for those who will,” Olaposi said.

The group urged the federal legislature to compel full disclosure on how the new foreign loans will be spent, project by project, and to ensure that priority is given to infrastructure, job creation, and poverty reduction.

It also called for the publication of quarterly progress reports to restore public confidence in fiscal governance.

“True accountability is not about speeches or committee sittings—it’s about results. When roads are built, when schools function, when hospitals receive equipment, Nigerians will know that governance is working. Until then, every borrowed fund must remain under scrutiny,” the statement added.

CAFT reaffirmed its support for responsible fiscal management and lauded the administration’s stated commitment to non-oil revenue growth and local industrialisation. However, it insisted that economic success must translate to social progress.

“The government must not allow bureaucratic inertia to undermine the promise of reform. We call on lawmakers to stand firm, demand performance, and ensure that the 2025 budget serves its purpose — to rebuild confidence and deliver development for all Nigerians,” the group said.

Hold executive to account for loans, 2025 budget or resign — Group tells NASS

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Q3 2025: UBA delivers N538bn PAT, robust balance sheet  

Following its recently released half-year financials, Africa’s Global Bank – United Bank for Africa (UBA) Plc, has announced its audited results for the third quarter ended September 30, 2025, where it recorded strong and impressive growth across all its key indicators.   The post Q3 2025: UBA delivers N538bn PAT, robust balance sheet   appeared first on Nairametrics.

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Women’s Super League: High-flying Nnadozie narrowly misses out on top ward

Women’s Super League: High-flying Nnadozie narrowly misses out on top ward

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Akinsanmi Falaki inducted into the EKSU Alumni Hall of Fame 

The Ekiti State University (EKSU) Alumni Association has honoured Mr. Akinsanmi Falaki, a distinguished banker and business leader, with induction into its prestigious Hall of Fame. The post Akinsanmi Falaki inducted into the EKSU Alumni Hall of Fame  appeared first on Nairametrics.

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No religious crisis in Kaduna – Gov Sani

Governor Uba Sani of Kaduna State has said that there is no religious crisis in the state. The governor made this statement on Saturday during a mega rally organised by the All Progressives Congress, APC, to welcome defectors in Kafanchan, Kaduna State. DAILY POST reports that the lawmaker representing Kaduna South Senatorial District, Sunday Katung,
No religious crisis in Kaduna – Gov Sani

Governor Uba Sani of Kaduna State has said that there is no religious crisis in the state.

The governor made this statement on Saturday during a mega rally organised by the All Progressives Congress, APC, to welcome defectors in Kafanchan, Kaduna State.

DAILY POST reports that the lawmaker representing Kaduna South Senatorial District, Sunday Katung, on Saturday officially dumped the Peoples Democratic Party, PDP, for the ruling All Progressives Congress, APC,

“I want to thank Senator Sunday Katung and all other House of Representatives members who defected to our party.

“In Kaduna we are running the government as a family. There’s nothing absolutely called discrimination in Kaduna State.

“I want to let you know that there’s nothing like a religious crisis in Kaduna State. I want you to ignore most of those characters who are religious and ethnic merchants,” he said.

No religious crisis in Kaduna – Gov Sani

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8 Nigerian banks book N1.96 trillion impairments in 9 months of 2025 – See list 

Nigeria’s largest banks set aside a combined N1.96 trillion in the first nine months of 2025 as impairment charges to cover potential loan losses.   The post 8 Nigerian banks book N1.96 trillion impairments in 9 months of 2025 – See list  appeared first on Nairametrics.

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Ensure transparency in managing revenue from 15% import duty on petrol – CRVN to Tinubu

The Conference of Registered Voters in Nigeria, CRVN, has described President Bola Ahmed Tinubu’s approval of a 15 percent import duty on petrol and diesel as a win-win policy that will transform Nigeria’s petroleum sector, protect local investments, and advance the nation’s drive toward energy independence. In a statement issued on Saturday, the group’s National
Ensure transparency in managing revenue from 15% import duty on petrol – CRVN to Tinubu

The Conference of Registered Voters in Nigeria, CRVN, has described President Bola Ahmed Tinubu’s approval of a 15 percent import duty on petrol and diesel as a win-win policy that will transform Nigeria’s petroleum sector, protect local investments, and advance the nation’s drive toward energy independence.

In a statement issued on Saturday, the group’s National President, Dr Ebikeme Edesiri, commended President Tinubu for his bold and strategic approach to economic reform, saying the policy demonstrates foresight and genuine commitment to building a resilient domestic economy.

Edesiri noted that the decision is not punitive but protective, designed to shield Nigeria’s refining industry from unfair competition, promote job security, and strengthen investor confidence.

“This policy is a win-win for government, industry, and the people. By curbing the influx of cheap imported fuel, we will be protecting the huge investments made in domestic refining. It is a practical step toward energy independence and national pride,” the statement reads.

The CRVN further explained that the policy would attract more investors to the energy sector, create employment opportunities, strengthen the naira, and boost government revenue for national development.

Dr Edesiri said the measure aligns with President Tinubu’s broader economic reform agenda, which includes the removal of fuel subsidies, the unification of the exchange rate, and the diversification of non-oil revenue sources, aimed at positioning Nigeria for sustainable growth.

“Each of these reforms reflects a consistent and visionary economic direction. President Tinubu is not playing politics with policy; he is making tough but necessary decisions that will secure Nigeria’s economic future,” Edesiri stated.

The group urged the federal government to ensure transparency in the management of revenue generated from the import duty and channel the funds toward critical infrastructure, including roads, power, and healthcare.

The CRVN also appealed to Nigerians to remain patient and supportive of the reforms, emphasizing that no nation achieves self-sufficiency overnight.

“What we are witnessing is a deliberate rebuilding of our economy from within. It requires the cooperation of every Nigerian,” the group admonished.

Edesiri concluded by describing the import duty as an act of national renewal, reaffirming CRVN’s confidence in President Tinubu’s leadership and his vision of economic independence.

“This 15 percent import duty will protect Nigerian refineries, stimulate growth, and secure jobs. We stand solidly behind the President and his reform agenda that brings development closer to the common man,” he added.

Ensure transparency in managing revenue from 15% import duty on petrol – CRVN to Tinubu

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Galatasaray place €130m valuation on Osimhen amid Barcelona interest

Galatasaray place €130m valuation on Osimhen amid Barcelona interest

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Onyedika Returns To Club Brugge Squad After Injury Layoff

Raphael Onyedika has been included in Club Brugge’s squad for tonight’s Belgian Pro League clash with FCV Dender, reports Comoletesports.com. Onyedika returned to full training this week after recovering from a hamstring injury. The Nigeria international sustained the injury during Club Brugge’s thrilling 5-5 draw with Westerlo in September. The defensive midfielder was replaced by […] The post Onyedika Returns To Club Brugge Squad After Injury Layoff appeared first on Complete Sports.

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