FG To Pay N1bn To Manufacturers Of Seized Codeine

Cat:

Related stories

Oil Prices Dip on Confirmation of Inventory Build

Crude oil prices opened weaker today following Wednesday’s release...

Buhari In Stable Condition – Ex-Aide Confirms

By Abiola Olawale Ahmed Bashir, ex-aide to the immediate past...

BREAKING: Ex-President Buhari sick, hospitalised abroad

Former Nigerian President Muhammadu Buhari is currently undergoing medical...

MTN’s Dabengwa Tier III Cloud Data Centre: A New Era for West African Tech and AI

By Sonny Iroche West Africa’s Largest Tier III Data Centre...

Moji Adeyeye, the Director-General, National Agency for Food and Drug Administration and Control (NAFDAC), on Monday said the federal government would pay more than N1 billion as compensation to the companies that had their codein impounded more than a year ago.

Mrs Adeyeye disclosed this on Monday in Lagos at a news conference to debunk a newspaper report that 70 per cent of medicines in Nigeria are fake.

Mrs Adeyeye said that there were about 2.5 million seizures of codeine made across the country, adding that government is working out compensations for the affected companies.

“It is about a year ago when the documentary about codeine was made which led to the Ministry of Health banning the product.

“Since that time, we have been having series of meeting with many government agencies and committees such as National Security Adviser group, the Presidency and the Ministry of Health.

“The final point is that we recalled about 2.5 million bottles of codeine and then put them on hold. This is sad because some companies did not commit the crime.

“So we put all the codeine on hold including the powder that they are using to the syrup. It will cost about N1 billion plus to reimburse these manufacturers,” she said.

Mrs Adeyeye said that government was already working on the reimbursement plan, adding that the agency is working round the clock to stem the manufacturing, distribution and use of substandard and fake drugs in the country.

“We are working on whatever the Ministry of Health is doing now to reimburse those companies affected. We just called a meeting about last two weeks on it.

“… they will be reimbursed because most of them legally produce the product in spite of the bad distribution channels.

“In tackling fake and substandard products, we do raids and many a time, our staffs don’t sleep, they keep vigil, mainly to intercept those drugs in concert with the Nigerian Customs Service.

“We are also working with the local manufacturers to make sure that their products attain the international standard,” she said.

On the fake news attributed to NAFDAC that 70 per cent of medicines in Nigeria are fake, Mrs Adeyeye said that the legal department of the agency would see to it.

She said that a study jointly carried out by NAFDAC, the World Health Organisation (WHO) and the Department for International Development (DFID) in 2005 revealed that fake medicines stood at 16 per cent.

She added that a survey conducted by NAFDAC in 2017 and 2018 on some widely used drugs showed that Nigerian medicines were 98 per cent wholesome.

She therefore described the report as “untrue and grossly inaccurate”.

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
Oil Prices Dip on Confirmation of Inventory BuildBuhari In Stable Condition - Ex-Aide ConfirmsBREAKING: Ex-President Buhari sick, hospitalised abroad2027: Abure, Usman Clash Over Peter Obi’s Rising Profile in ADC CoalitionMTN’s Dabengwa Tier III Cloud Data Centre: A New Era for West African Tech and AIGanduje: Why are they resigning?OPEC Reports a Global Oil Production Decline in 2024IMF Warns FG to Overhaul 2025 Budget to Prevent Economic Meltdown2027: Peter Obi Vows, Says ADC Coalition 'll prioritize Nigerians’ WelfareTragedy! Liverpool Star Diogo Jota Dies in Car Crash in SpainFamily Announces Burial Date of Ex-Kwara Governor, Cornelius AdebayoSex Scandal: Baltasar Engonga, Ex-Equatorial Guinea Anti-Corruption Boss Bags 18 YearsFormer AGF Abubakar Malami Dumps APC, Joins ADCIt’s Another Big Brother Season Of DistractionsYou must marry me and my children, By Funke Egbemode
X whatsapp