Trending News: 63 ITEMS EXEMPTED FROM VAT UNDER NEW REFORMSRUSSIA WARNS NIGERIA ABOUT US UK INTERFACENIGERIA HAS BLINDED, FINISHED NIGERIANS – VERYDARKMANTINUBU IS IDEOLOGICALLY SOMERSAULTING, SHOULD LOOK AT THE LETTER HE WROTE JONATHAN – FAROUNBIPDP SUSPENDS NATIONAL VICE CHAIRMAN, ALI ODEFATINUBU MAKES U-TURN, CONFERS GCON ON HOUSE OF REPS SPEAKER, TAJUDEEN ABBASBE DECENT WITH YOUR POLITICAL GOAL – POLICE TELLS FUBARASUSPEND RIVERS LG ELECTION – ELDERS TELL FUBARAWE’RE BOYCOTTING RIVERS LG ELECTION – POLICENIGERIA IS NOW SAFE; YOU CAN TRAVEL SAFELY TO ANY PART OF THE COUNTRY – TINUBUI APOLOGIZE FOR SAYING YOU WON’T MAKE HEAVEN UNLESS YOU PAY TITHE – PASTOR ADEBOYEENUGU BACK TO LIFE – VP SHETTIMA EULOGISES GOVERNOR MBAH OVER DEVELOPMENT STRIDESFUBARA DARES IGP – SAYS YOU’LL SHOOT ME TO STOP ITNNPC PORTAL SHUTDOWN, DELAYS PETROL SUPPLY – MARKETERSWHY THE NORTH OPPOSES TOTAL RESTRUCTURING OF NIGERIAHOUSE OF REPS REJECTS CFR HONOUR AWARD ON SPEAKER, DEMANDS GCON, SAYS WE’RE NOT INFERIOR TO SENATORSENUGU COUNCIL BOSS BANS ILLEGAL REVENUE COLLECTIONS, EXTORTION OF MOTORISTSNIGERIANS RECEIVED THE MOST US GREEN CARDS IN AFRICA IN 2023MY SHOP WAS FULL BUT NOW EMPTY UNDER TINUBU’S BAD GOVT – LAGOS WOMAN FUMESINDEPENDENCE ANNIVERSARY SPEECH CONFIRMS TINUBU’S INSENSITIVITY – PDPWHY WE DEPLOYED OUR MEN AT RIVERS STATE ELECTORAL COMMISSION OFFICE – POLICENIGERIA NEEDS INDEPENDENCE FROM STATE CAPTURE – PETER OBIFORMER US PRESIDENT, JIMMY CARTER, CLOCKS 100 YEARS TODAY, SHARES BIRTHDAY WITH NIGERIAI DIDN’T STEAL FROM KADUNA TREASURY, I’M READY TO SWEAR BY QURAN – EL RUFAIIT’S TIME TO COLLAPSE WIKE’S STRUCTURE IN RIVERS – FUBARAWE MUST REFORM OR COLLAPSE – TINUBU ON NIGERIAN 64TH INDEPENDENCE ANNIVERSARYPRESIDENT TINUBU ANNOUNCES 30-DAY NATIONAL YOUTH CONFERENCEWE’RE HUNGRY, ENOUGH IS ENOUGH: NIGERIANS CHANTED AS THEY BEGIN PROTEST IN ABUJAATIKU SEEKS CONSTITUTIONAL AMENDMENT FOR SIX-YEAR SINGLE TERM PRESIDENCYAGAIN, JOE IGBOKWE, TINUBU SUPPORTER CRIES: ‘WHY IS OUR NAIRA WEAK?’I WASN’T SUSPENDED OVER BOBRISKY – PRISON OFFICIAL … HE WAS SUSPENDED – CONTROLLER-GENERALREDUCE PUMP PRICE OF FUEL NOW – PDP TELLS TINUBUFUBARA REACTS TO WIKE’S BOASTFULNESS, SAYS ONLY EMPTY CONTAINER MAKES A NOISEMINIMUM WAGE: 17 GOVERNORS SET UP COMMITTEES FOR IMPLEMENTATIONIPOB BANS INDEPENDENCE ANNIVERSARY CELEBRATION ACTIVITIES IN SOUTH EAST ON OCTOBER 1CONFUSION IN RIVERS OVER OCTOBER 5 LOCAL GOVT ELECTIONENUGU GOV, PETER MBAH, SWEARS IN NEWLY ELECTED LG CHAIRMENPOLICE MOBILIZE AGAINST PLANNED OCTOBER 1 PROTESTS, DEPLOY OPERATIVES ACROSS ABUJAPDP GOVERNORS ASSOCIATING WITH WIKE ARE TRAITORS – ATIKU’S AIDENO GOING BACK ON OCTOBER 1 PROTESTS – ORGARNIZERSHIGH COST OF TRANSPORTATION: NIGERIAN WORKERS RESIGNING FROM JOBSBREAKING: COURT STOPS INEC FROM ISSUING VOTERS’ REGISTER FOR RIVERS LG POLLAPC, NOW WEAPON OF POVERTY, CHIEFTAIN LAMENTS, DUMPS PARTYCONSTITUTION REVIEW: NORTHERN, SOUTHERN SENATORS DISAGREE ON REGIONALISMCORRUPTION, MAJOR CHALLENGE IN NIGERIA – SENATOR ALI NDUMEPH REFINERY DEFIES DEADLINE, EXPERTS ARRIVE FROM ITALYENUGU GOVT SEALS ILLEGAL, SUBSTANDARD SCHOOLSPOLICE SEAL EDO DEPUTY GOVERNOR’S OFFICEHOW NIGERIA WAS DESTROYED BY BUHARI & CO, TINUBU & COMAN WHO OFFERED TINUBU N100M TO PURCHASE NOMINATION FORM GETS TWO FEDERAL APPOINTMENTSAPGA WINS 21 CHAIRMANSHIP, COUNCILORSHIP SEATS IN ANAMBRANIGERIA @ 64: ENUGU GOVERNOR, PETER MBAH, CALLS FOR INCLUSIVE NATIONAL ECONOMIC DEVELOPMENTNOBODY CAN STOP OCTOBER 1 PROTESTS – INIBEHE EFFIONGI CAN’T DONATE MY KIDNEY OR LIVER BECAUSE OF LOYALTY – FUBARAEX-PRESIDENT JONATHAN FLUSHED OUT BOKO HARAM – SENATOR NDUMEWHY I’M SEEN AS ANTI-IGBO – JOE IGBOKWETWO DAMS IN PLATEAU, ENUGU NEARING COMPLETION – MINISTERDON’T SET FIRE ON OYO STATE – MAKINDE BEGS WIKE AS FCT MINISTER BATTLES PDP GOVERNORSLION MAULS HANDLER TO DEATH AT OBASANJO ZOOIRAN TRANSFERS SUPREME LEADER, AYATOLLAH, TO SECURE LOCATION FOLLOWING ISRAELI THREATSEDO GOVT RAISES ALARM OVER PLANNED INVASION OF GOVT HOUSE BY DEPUTY GOV, PHILIP SHAIBUSENATORS CLASH OVER REGIONAL GOVT PROPOSALWE’LL TEACH YOU A LESSON – WIKE MOCKS FUBARA CAMP FOR SEEKING REFUGE IN APPRESULTS FROM INEC’S IREV SHOW PDP WON EDO GOVERNORSHIP ELECTIONENUGU GOVT EMBARKS ON CONSTRUCTION OF CNG MOTHER STATIONNIGERIA MUST REMAIN GIANT OF AFRICA – TINUBU TELLS ARMED FORCES60% OF NIGERIANS LIVE IN POVERTY – PETER OBIIS NIGERIA A NORMAL COUNTRY, A ZOO, OR A JUNGLE?, BY SESUGH AKUMEWE’RE SORRY, FUBARA’S KINSMEN APOLOGIZES TO WIKE. IT’S NOT IN OUR NATURE TO PAY EVIL FOR GOODI’M BIGGER THAN ALL OF YOU PUT TOGETHER – WIKE TELLS PDP GOVS BACKING FUBARAI REPORTED MY RAPE CASE TO SUPERIOR OFFICERS BUT THEY DISREGARD IT DUE ACCUSED PERSON’S RANK – DISCHARGED FEMALE SOLDIERNAIRA DEPRECIATES TO N1,700/$ AT PARALLEL MARKET – LOWEST IN SEVEN MONTHSNEW COVID-19 VARIANT EMERGES IN EUROPE, USPRESIDENCY MOVES TO STOP OCTOBER 1 PROTESTTHERE’S NO PLACE IN IRAN THAT WE CANNOT REACH – ISRAELI PRIME MINISTER, NETANYAHUSTOP BLOCKING ROADS DURING PRAYER SESSIONS – APPEAL COURT PRESIDENT TELLS MUSLIMS, CHRISTIANSPASTOR DIES IN ABUJA WHILE FASTING, PRAYINGWHY BOBRISKY WAS SEPARATED FROM OTHER INMATES – PRISON EXPERTSTHOSE WHO WILL RESCUE NIGERIA NOT YET BORN, JOE IGBOKWE, TINUBU SUPPORTER, MAKES U-TURNEFCC DETAINS, CHARGES FORMER TARABA GOVERNOR, ISHAKU, OVER ALLEGED N27BN FRAUDSPONSORSHIP OF BANDITRY ALLEGATION: MINISTER VS GOVERNOR: DHQS OPENS UP INVESTIGATIONPH REFINERY SETS OCTOBER 2 AS ANOTHER DATE TO COMMENCE OPERATIONENUGU RANKS LOWEST IN EASE OF DOING BUSINESSENUGU GOVT VOWS TO GO TOUGH AGAINST SEX-FOR-GRADE OFFENDERSSET BACK FOR ATIKU AS ADAMAWA PDP BACKS DAMANGUNBOBRISKY WAS GUARDED LIKE PRESIDENT IN KIRIKIRI PRISON, SPENT ONLY THREE WEEKS OUT OF SIX MONTHS JAIL SENTENCEAKWA IBOM FIRST LADY, PATIENCE UMO, IS DEADPRESIDENCY USED N9.2B TO PURCHASE VEHICLES AMID HARDSHIPNNPC STRUGGLING TO SUPPLY CRUDE TO DANGOTE BECAUSE BUHARI USED REFINERY AS LOAN COLLATERAL – PENGASSANYOU SACKED ME AS CBN GOVERNOR – EMIR SANUSI TELLS EX-PRESIDENT JONATHANPRISON OFFICIALS SUSPENDED OVER BRIBERY ALLEGATION INVOLVING BOBRISKY50M ALMAJIRI, OUT-OF-SCHOOL CHILDREN ROAMING THE STREETS – FGENUGU GOVT SUMMONS NSUKKA TRADITIONAL RULERS, PGS OVER BRUTAL ORIOKPA MASQUERADESAPPOINT YAHAYA BELLO MINISTER OF FINANCE – MAHDI SHEHU ON TINUBU’S PROPOSED CABINET RESHUFFLEPRO-DEMOCRACY OPPOSITIONS ASK NIGERIANS TO JOIN OCTOBER PROTESTSSGF AKUME LISTS TINUBU’S ACHIEVEMENTS AHEAD OF INDEPENDENCE ANNIVERSARY CELEBRATIONNIGERIA @64: TINUBU ORDERS LOW KEY INDEPENDENCE ANNIVERSARY CELEBRATIONCOURT SENTENCES FIVE OFFA BANK ROBBERS TO DEATHNIGERIA DID NOT LOSE $49.8B UNDER MY ADMINISTRATION – GOODLUCK JONATHANFEDERAL WORKERS BEGIN TO RECEIVE N70,000 MINIMUM WAGE
Sat. Oct 5th, 2024
Trending News: 63 ITEMS EXEMPTED FROM VAT UNDER NEW REFORMSRUSSIA WARNS NIGERIA ABOUT US UK INTERFACENIGERIA HAS BLINDED, FINISHED NIGERIANS – VERYDARKMANTINUBU IS IDEOLOGICALLY SOMERSAULTING, SHOULD LOOK AT THE LETTER HE WROTE JONATHAN – FAROUNBIPDP SUSPENDS NATIONAL VICE CHAIRMAN, ALI ODEFATINUBU MAKES U-TURN, CONFERS GCON ON HOUSE OF REPS SPEAKER, TAJUDEEN ABBASBE DECENT WITH YOUR POLITICAL GOAL – POLICE TELLS FUBARASUSPEND RIVERS LG ELECTION – ELDERS TELL FUBARAWE’RE BOYCOTTING RIVERS LG ELECTION – POLICENIGERIA IS NOW SAFE; YOU CAN TRAVEL SAFELY TO ANY PART OF THE COUNTRY – TINUBUI APOLOGIZE FOR SAYING YOU WON’T MAKE HEAVEN UNLESS YOU PAY TITHE – PASTOR ADEBOYEENUGU BACK TO LIFE – VP SHETTIMA EULOGISES GOVERNOR MBAH OVER DEVELOPMENT STRIDESFUBARA DARES IGP – SAYS YOU’LL SHOOT ME TO STOP ITNNPC PORTAL SHUTDOWN, DELAYS PETROL SUPPLY – MARKETERSWHY THE NORTH OPPOSES TOTAL RESTRUCTURING OF NIGERIAHOUSE OF REPS REJECTS CFR HONOUR AWARD ON SPEAKER, DEMANDS GCON, SAYS WE’RE NOT INFERIOR TO SENATORSENUGU COUNCIL BOSS BANS ILLEGAL REVENUE COLLECTIONS, EXTORTION OF MOTORISTSNIGERIANS RECEIVED THE MOST US GREEN CARDS IN AFRICA IN 2023MY SHOP WAS FULL BUT NOW EMPTY UNDER TINUBU’S BAD GOVT – LAGOS WOMAN FUMESINDEPENDENCE ANNIVERSARY SPEECH CONFIRMS TINUBU’S INSENSITIVITY – PDPWHY WE DEPLOYED OUR MEN AT RIVERS STATE ELECTORAL COMMISSION OFFICE – POLICENIGERIA NEEDS INDEPENDENCE FROM STATE CAPTURE – PETER OBIFORMER US PRESIDENT, JIMMY CARTER, CLOCKS 100 YEARS TODAY, SHARES BIRTHDAY WITH NIGERIAI DIDN’T STEAL FROM KADUNA TREASURY, I’M READY TO SWEAR BY QURAN – EL RUFAIIT’S TIME TO COLLAPSE WIKE’S STRUCTURE IN RIVERS – FUBARAWE MUST REFORM OR COLLAPSE – TINUBU ON NIGERIAN 64TH INDEPENDENCE ANNIVERSARYPRESIDENT TINUBU ANNOUNCES 30-DAY NATIONAL YOUTH CONFERENCEWE’RE HUNGRY, ENOUGH IS ENOUGH: NIGERIANS CHANTED AS THEY BEGIN PROTEST IN ABUJAATIKU SEEKS CONSTITUTIONAL AMENDMENT FOR SIX-YEAR SINGLE TERM PRESIDENCYAGAIN, JOE IGBOKWE, TINUBU SUPPORTER CRIES: ‘WHY IS OUR NAIRA WEAK?’I WASN’T SUSPENDED OVER BOBRISKY – PRISON OFFICIAL … HE WAS SUSPENDED – CONTROLLER-GENERALREDUCE PUMP PRICE OF FUEL NOW – PDP TELLS TINUBUFUBARA REACTS TO WIKE’S BOASTFULNESS, SAYS ONLY EMPTY CONTAINER MAKES A NOISEMINIMUM WAGE: 17 GOVERNORS SET UP COMMITTEES FOR IMPLEMENTATIONIPOB BANS INDEPENDENCE ANNIVERSARY CELEBRATION ACTIVITIES IN SOUTH EAST ON OCTOBER 1CONFUSION IN RIVERS OVER OCTOBER 5 LOCAL GOVT ELECTIONENUGU GOV, PETER MBAH, SWEARS IN NEWLY ELECTED LG CHAIRMENPOLICE MOBILIZE AGAINST PLANNED OCTOBER 1 PROTESTS, DEPLOY OPERATIVES ACROSS ABUJAPDP GOVERNORS ASSOCIATING WITH WIKE ARE TRAITORS – ATIKU’S AIDENO GOING BACK ON OCTOBER 1 PROTESTS – ORGARNIZERSHIGH COST OF TRANSPORTATION: NIGERIAN WORKERS RESIGNING FROM JOBSBREAKING: COURT STOPS INEC FROM ISSUING VOTERS’ REGISTER FOR RIVERS LG POLLAPC, NOW WEAPON OF POVERTY, CHIEFTAIN LAMENTS, DUMPS PARTYCONSTITUTION REVIEW: NORTHERN, SOUTHERN SENATORS DISAGREE ON REGIONALISMCORRUPTION, MAJOR CHALLENGE IN NIGERIA – SENATOR ALI NDUMEPH REFINERY DEFIES DEADLINE, EXPERTS ARRIVE FROM ITALYENUGU GOVT SEALS ILLEGAL, SUBSTANDARD SCHOOLSPOLICE SEAL EDO DEPUTY GOVERNOR’S OFFICEHOW NIGERIA WAS DESTROYED BY BUHARI & CO, TINUBU & COMAN WHO OFFERED TINUBU N100M TO PURCHASE NOMINATION FORM GETS TWO FEDERAL APPOINTMENTSAPGA WINS 21 CHAIRMANSHIP, COUNCILORSHIP SEATS IN ANAMBRANIGERIA @ 64: ENUGU GOVERNOR, PETER MBAH, CALLS FOR INCLUSIVE NATIONAL ECONOMIC DEVELOPMENTNOBODY CAN STOP OCTOBER 1 PROTESTS – INIBEHE EFFIONGI CAN’T DONATE MY KIDNEY OR LIVER BECAUSE OF LOYALTY – FUBARAEX-PRESIDENT JONATHAN FLUSHED OUT BOKO HARAM – SENATOR NDUMEWHY I’M SEEN AS ANTI-IGBO – JOE IGBOKWETWO DAMS IN PLATEAU, ENUGU NEARING COMPLETION – MINISTERDON’T SET FIRE ON OYO STATE – MAKINDE BEGS WIKE AS FCT MINISTER BATTLES PDP GOVERNORSLION MAULS HANDLER TO DEATH AT OBASANJO ZOOIRAN TRANSFERS SUPREME LEADER, AYATOLLAH, TO SECURE LOCATION FOLLOWING ISRAELI THREATSEDO GOVT RAISES ALARM OVER PLANNED INVASION OF GOVT HOUSE BY DEPUTY GOV, PHILIP SHAIBUSENATORS CLASH OVER REGIONAL GOVT PROPOSALWE’LL TEACH YOU A LESSON – WIKE MOCKS FUBARA CAMP FOR SEEKING REFUGE IN APPRESULTS FROM INEC’S IREV SHOW PDP WON EDO GOVERNORSHIP ELECTIONENUGU GOVT EMBARKS ON CONSTRUCTION OF CNG MOTHER STATIONNIGERIA MUST REMAIN GIANT OF AFRICA – TINUBU TELLS ARMED FORCES60% OF NIGERIANS LIVE IN POVERTY – PETER OBIIS NIGERIA A NORMAL COUNTRY, A ZOO, OR A JUNGLE?, BY SESUGH AKUMEWE’RE SORRY, FUBARA’S KINSMEN APOLOGIZES TO WIKE. IT’S NOT IN OUR NATURE TO PAY EVIL FOR GOODI’M BIGGER THAN ALL OF YOU PUT TOGETHER – WIKE TELLS PDP GOVS BACKING FUBARAI REPORTED MY RAPE CASE TO SUPERIOR OFFICERS BUT THEY DISREGARD IT DUE ACCUSED PERSON’S RANK – DISCHARGED FEMALE SOLDIERNAIRA DEPRECIATES TO N1,700/$ AT PARALLEL MARKET – LOWEST IN SEVEN MONTHSNEW COVID-19 VARIANT EMERGES IN EUROPE, USPRESIDENCY MOVES TO STOP OCTOBER 1 PROTESTTHERE’S NO PLACE IN IRAN THAT WE CANNOT REACH – ISRAELI PRIME MINISTER, NETANYAHUSTOP BLOCKING ROADS DURING PRAYER SESSIONS – APPEAL COURT PRESIDENT TELLS MUSLIMS, CHRISTIANSPASTOR DIES IN ABUJA WHILE FASTING, PRAYINGWHY BOBRISKY WAS SEPARATED FROM OTHER INMATES – PRISON EXPERTSTHOSE WHO WILL RESCUE NIGERIA NOT YET BORN, JOE IGBOKWE, TINUBU SUPPORTER, MAKES U-TURNEFCC DETAINS, CHARGES FORMER TARABA GOVERNOR, ISHAKU, OVER ALLEGED N27BN FRAUDSPONSORSHIP OF BANDITRY ALLEGATION: MINISTER VS GOVERNOR: DHQS OPENS UP INVESTIGATIONPH REFINERY SETS OCTOBER 2 AS ANOTHER DATE TO COMMENCE OPERATIONENUGU RANKS LOWEST IN EASE OF DOING BUSINESSENUGU GOVT VOWS TO GO TOUGH AGAINST SEX-FOR-GRADE OFFENDERSSET BACK FOR ATIKU AS ADAMAWA PDP BACKS DAMANGUNBOBRISKY WAS GUARDED LIKE PRESIDENT IN KIRIKIRI PRISON, SPENT ONLY THREE WEEKS OUT OF SIX MONTHS JAIL SENTENCEAKWA IBOM FIRST LADY, PATIENCE UMO, IS DEADPRESIDENCY USED N9.2B TO PURCHASE VEHICLES AMID HARDSHIPNNPC STRUGGLING TO SUPPLY CRUDE TO DANGOTE BECAUSE BUHARI USED REFINERY AS LOAN COLLATERAL – PENGASSANYOU SACKED ME AS CBN GOVERNOR – EMIR SANUSI TELLS EX-PRESIDENT JONATHANPRISON OFFICIALS SUSPENDED OVER BRIBERY ALLEGATION INVOLVING BOBRISKY50M ALMAJIRI, OUT-OF-SCHOOL CHILDREN ROAMING THE STREETS – FGENUGU GOVT SUMMONS NSUKKA TRADITIONAL RULERS, PGS OVER BRUTAL ORIOKPA MASQUERADESAPPOINT YAHAYA BELLO MINISTER OF FINANCE – MAHDI SHEHU ON TINUBU’S PROPOSED CABINET RESHUFFLEPRO-DEMOCRACY OPPOSITIONS ASK NIGERIANS TO JOIN OCTOBER PROTESTSSGF AKUME LISTS TINUBU’S ACHIEVEMENTS AHEAD OF INDEPENDENCE ANNIVERSARY CELEBRATIONNIGERIA @64: TINUBU ORDERS LOW KEY INDEPENDENCE ANNIVERSARY CELEBRATIONCOURT SENTENCES FIVE OFFA BANK ROBBERS TO DEATHNIGERIA DID NOT LOSE $49.8B UNDER MY ADMINISTRATION – GOODLUCK JONATHANFEDERAL WORKERS BEGIN TO RECEIVE N70,000 MINIMUM WAGE
Sat. Oct 5th, 2024

NAFDAC SHUTS DOWN 100 SHOPS IN ENUGU OVER SALE OF FAKE ALCOHOLIC DRINKS

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NAFDAC SHUTS DOWN 100 SHOPS IN ENUGU OVER SALE OF FAKE ALCOHOLIC DRINKS

Officials of the National Agency for Food, Drug Administration and Control (NAFDAC) have sealed at least 100 shops in Ogbete main market in Enugu for alleged selling of fake alcoholic beverages.

The agency also confiscated a truckload of adulterated products as well as effected arrest of four suspected traders in the process of a well-coordinated raid.

Speaking after the raid and arrest on Monday, NAFDAC’s director South-East Zone, Pharm Martins Iluyomade, said the suspects were already in custody and would be charged to court after ongoing investigation.

Iluyomade noted that the raid was in furtherance to NAFDAC’s mandate to safeguard the health of the nation and riding the South-East of unwholesome, substandard, fake and adulterated products.

“We stormed the popular Ogbete Main Market, Enugu in Enugu State since Friday and have shut down 100 shops which have been identified for selling fake alcoholic beverages,” Iluyomade said.

“Arrest was made and the suspects are currently in custody.“This fake wine and alcoholic beverages are being sold to unsuspected customers and the general public but we are determined to rid the market of these unwholesome products,” he said.

    • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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    PRICES OF RICE, BEANS, EGG, BREAD STILL HIGH – NBS

    PRICES OF RICE, BEANS, EGG, BREAD STILL HIGH – NBS At the backdrop of significant reductions recorded in the prices of some food commodities since last month, the prices of local rice, beans, egg and bread have remained on steady increases. The Nigerian Bureau of Statistics, NBS, in its report titled, “Selected Food Price Watch for August 2024” released yesterday, said, the commodities recorded between 2.5 and 5.5 percent price rises in the month of August. The report stated: “The average price of 1kg beans brown (sold loose) stood at N2,574.63. This indicates a 5.31 percent rise in price on a Month-on-Month, MoM, basis from N2,444.81 in July 2024. “On a MoM basis, the average price of Agric eggs medium size (12 piece) rose by 5.48 percent to N2,289.19 from N 2,170.17 in July 2024. “On a MoM basis, bread (sliced) increased by 2.28 percent to N1,459.85 from N 1,427.25 in July 2024. Furthermore, the average price of 1kg Local rice sold loose went up by 3.65 percent to N1,831.05 in August 224 from N1,766.64 in July 2024 on a MoM basis.” According to the Bureau, the prices of these food items increased by over 100 percent year-on-year. It added: “The state profile analysis in August 2024 reveals that the highest average price of 1kg of Beans Brown (sold loose) was recorded in Akwa Ibom at N3,276.79 while the lowest was in Adamawa state at N1,710.92. The highest average price of Agric eggs medium size (12 piece) was recorded in Niger State at N2,996.92 while the lowest was in Jigawa State at N1,786.01. “Regarding the average price of bread (sliced), Rivers state recorded the highest price at N1,850, while Yobe recorded the lowest price at N908.81. Kogi recorded the highest average price of 1kg local Rice (sold loose) at N2,680.29, while the lowest was reported in Benue at N1,206.84.” However, the Bureau also said the prices of tomatoes and yam declined MoM in August when compared to that of the previous month. The NBS said that the price of tomato 1kg declined by 11.07 percent MoM to N1,506.35 from N1,693.83 in July 2024. It added that the price of 1kg of yam tuber decreased by 7.8 percent to N1,661.80 from N1,802.84 in July 2024.

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    PRESIDENT TINUBU FAILS TO IMPLEMENT TARIFF WAIVER AS FOOD PRICES REMAIN HIGH

    PRESIDENT TINUBU FAILS TO IMPLEMENT TARIFF WAIVER AS FOOD PRICES REMAIN HIGH Despite the National Bureau of Statistics inflation data for July and August which showed food inflation eased to 39.53 and 37.52 percent, market realities showed that the prices of food and goods remained high.A market survey shows that a 50-kilogram bag of local or foreign rice is sold between N87,000 and N106,000.This is as a 50kg bag of beans goes for between N65,000 and N100,000. For the majority of Nigerians, access to staple food has become a nightmare, a situation that would have been reduced with the implementation of the zero-tariff waiver on selected food items.Speaking on the development in an interview on Monday, the Executive Director of the Centre for the Promotion of Private Enterprise, Muda Yusuf said the major problem was the slow pace with which the government was implementing the zero tariff policy.According to him, there was a big lag between the announcement of the policy by the government and the preparation of the guidelines for its implementation.He stressed that the tariff waiver had not been fully activated as the impact was yet to be felt in the country’s economy.Yusuf urged the government to work on the speed of implementation of the policy.“The customs must implement the policy. The customs need to be advised by the ministry of finance, and until that is done, implementation cannot start.“I think it has to do with the speed of the implementation of the policy. When the Government announces a policy, the ministry ought to work on the guidelines, which are transmitted by the ministry of finance to the customs. I think there is a lag between the announcement of the policy and the production of the guidelines.“The policy has not been fully activated which is why the impact is not felt. This is because all the processes in terms of guidelines are a bit slow. The government needs to work on the speed of implementation”, he saidOn his part, Olufemi Kayode, a member, Association of Nigeria Licensed Customs Agents, ANLCA, and Special Assistant to Prince Adewusi Bamigbala, the Chairman of ANLCA, Murtala Muhammed International Airport Command Chapter, faulted Customs, noting that there was yet to be a clear-cut and proper guideline for the implementation of the zero tariff policy.He stated that there was the possibility of internal sabotage and frustration within the Customs that may be undermining the implementation of the tariff for the good of the generality of Nigerians. “Generally speaking, from the circular available there are no clear-cut directives apart from the fact that some of the tariffs were mentioned.“There are no proper guidelines for its implementation. The Customs must put it into proper perspective.“There is the possibility of internal sabotage or frustration in getting the implementation right.“Customs may be having internal challenges about the proper classification or coding of the tariff waiver into its portal”, he said.Meanwhile reacting to the development, in an exclusive chat, NCS spokesperson, Abdullahi Maiwada said it was untrue that the service was sabotaging the implementation of the zero-tariff waiver policy on selected food items.According to him, the Service had told Nigerians the procedures for accessing the tariff waiver.He added that the NCS was committed to all policies formulated by the government to ease the economic hardship Nigerians faced.“Well, we have issued a statement earlier and we told Nigerians procedures of accessing the tariff waiver.“It is malicious to say Customs is sabotaging the implementation of the policy.“We are a responsible government agency. We are out to implement all policies formulated by the government.

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