National Economy
Wednesday, August 20, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

Federal Gov’t Destroys 250 Containers Of Fake, Expired Drugs Nationwide

by YUSUF BABALOLA
7 months ago
in Business
Reading Time: 2 mins read
Federal Gov't
Share on FacebookShare on TwitterShare on Telegram

The federal government has started the nationwide destruction of over 250 containers of expired pharmaceutical products intercepted by the Nigeria Customs Service (NCS) at the nation’s seaports.

NATIONAL ECONOMY reports that the Office of the National Security Adviser (ONSA) had set up a committee for the identification, isolation, evacuation and destruction of illegally imported pharmaceuticals in the country.

The committee comprised the Nigerian Army, Navy, Customs, National Agency for Food, Drugs Administration and Control (NAFDAC) and Nigerian Drug Law Enforcement Agency (NDLEA).

Speaking on the destruction of the fake drugs, the chairman of the committee, Assistant Comptroller General of Customs, Timi Bomodi, said the destruction of the contraband will be done simultaneously across the country.

You May Like

NCC, CBN Move To Standardise Airtime Recharge Operations

Tinubu Flags Off West Africa Gas 40,000 CBM Vessel

ACG Bomodi said the next phase of destruction of the expired drugs after Lagos is Port Harcourt, Calabar and Kano.

“This exercise cuts across the Federation. We’re starting here in Lagos, specifically with about 88 containers. We’ll also be going to Port Harcourt where we have over 20 containers, Calabar, then Kano. So it cuts across the whole country.

“It’s an exercise that is very dear to the hearts of the National Security Adviser, particularly with regards to the public well-being and welfare. When you add the security implications, then that holds it very dear to his mind. I’m sure you’ve seen everybody here because this is a multi-agency approach that is now being deployed to effectively tackle this menace of importation of some of these substances or items that are not approved by designated agencies,” he stated.

Bomodi, who said the committee destroyed contraband worth several billions of naira earlier, disclosed that the expired pharmaceuticals posed a very serious challenge to the health and well-being of Nigerians.

When asked about the street value of the products, he responded thus: “Well, it’s a lot. I don’t have the Duty Paid Value (DPV), but it’s a lot because we are talking about hundreds of 40-foot containers, spread across the country and others that were not packaged in containers.

“So, it’s a lot, we are talking of billions, hundreds of billions of Naira. So, such an act occurs daily, or should I say yearly, and the Nigerian Customs Service seems to always destroy this product. The drugs are fake, not registered, and they pose a very serious challenge to the health and well-being of Nigerians.

“And I said also, you know, the issue of security, because some of these pharmaceuticals have been identified to be used by elements in society that are causing so much trouble. We’re talking about cases of kidnapping and crime and all kinds of crimes.”

ShareTweetShare
Previous Post

House of Reps Postpones Resumption Of Plenary To February 4 Over Budget Defence

Next Post

Passengers Injured As US-bound Flight Makes Emergency Return To Lagos

ANOTHER GOOD READ

NCC Shifts USSD Billing To Airtime Amid N250bn Debt Dispute
Business

NCC, CBN Move To Standardise Airtime Recharge Operations

19 hours ago
Business

Tinubu Flags Off West Africa Gas 40,000 CBM Vessel

23 hours ago
UBA To Raise N157bn Via Rights Issue
Budget

UBA Secures N5bn Facility To Empower Female Entrepreneurs

1 day ago
Nigerian Firms Disburse N927.6bn Dividends In H1 2025
Business

Nigerian Firms Disburse N927.6bn Dividends In H1 2025

1 day ago
NEPZA, NDLEA Deepen Collaboration To Strengthen Free Trade Zones Oversight
Business

NEPZA, NDLEA Deepen Collaboration To Strengthen Free Trade Zones Oversight

1 day ago
Federal Gov’t Achieves Oil Revenue Target, Attributes Feat To Military, PINL
Business

Federal Gov’t Begins Review Of Revenue Allocation Formula

2 days ago
Next Post
Passengers Injured As US-bound Flight Makes Emergency Return To Lagos

Passengers Injured As US-bound Flight Makes Emergency Return To Lagos

Most Recent

Tourism: Gov Eno Orders Demolition Of Illegal Structures For New Projects

Gov Eno Inaugurates Taskforce To Tackle Illegal Miners In Akwa Ibom

August 20, 2025
Lagos Gov’t Addresses TikToker Peller’s N36m Tax Complaint

Lagos Gov’t Addresses TikToker Peller’s N36m Tax Complaint

August 20, 2025
28 Shops, Other Property Razed In Kwara Market Fire

28 Shops, Other Property Razed In Kwara Market Fire

August 20, 2025
PICTORIAL: PENGASSAN Renovates Dilapidated Abuja School, Donates Learning Materials

PICTORIAL: PENGASSAN Renovates Dilapidated Abuja School, Donates Learning Materials

August 20, 2025
Nigeria Set To Transform Women’s Health With Presidential Launch Of RenewHER

Nigeria Set To Transform Women’s Health With Presidential Launch Of RenewHER

August 19, 2025
Falling Oil Prices Put Nigeria’s 2025 Budget At Risk

Falling Oil Prices Put Nigeria’s 2025 Budget At Risk

August 19, 2025
NCAA Orders Phone Switch-Off During Take-Off, Landing Phases

NCAA Orders Phone Switch-Off During Take-Off, Landing Phases

August 19, 2025
Abuja Centenary City Restarts With N750bn Julius Berger Contract

Abuja Centenary City Restarts With N750bn Julius Berger Contract

August 19, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy