Tag: Importers
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VIN crisis: Importers threaten to shutdown Lagos markets
Importers under the aegis of Ndigboamaka Progressive (Market) Association have threatened to shutdown Lagos markets within two days over the implementation of the Vehicle Identification Number (VIN) Valuation policy. Dr Jude Okeke, president, Ndigboamaka issued the warning at a media conference in Lagos on Wednesday. He said the group took the position because the implementation…
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NAFDAC implores importers, distributors to discontinue sales, use of Lefin Pediatric Suspension drug
The National Agency for Food and Drug Administration and Control (NAFDAC), has warned importers, distributors, and consumers to discontinue the sale and use of Lefin Pediatric Suspension drug with immediate effect. The agency, on Sunday in a public alert with No. 0047/2021, also asked consumers to hand over the remaining stock of the drug to…
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CBN begins e-invoice for importers, exporters Feb. 1
The Central Bank of Nigeria (CBN) says it will begin e-invoices for imports and exports in the country from Feb. 1, 2022. The apex bank made the disclosure in a circular to all authorised dealers and the general public, and signed by its Director, Trade and Exchange Department, Dr. O. S. Nnaji, and posted on…
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NAFDAC cautions clearing agents, importers
The National Agency for Food and Drug Administration and Control (NAFDAC) has cautioned clearing agents and importers against illegal activities, saying sanctions await culprits of any shady deals. The caution is in a statement signed by NAFDAC’s Resident Media Consultant, Mr Olusayo Akintola in Abuja on Sunday. Akintola stated that the warning was given by…
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Rice production: Exporters/importers will fight back By Ehichioya Ezomon
By Ehichioya Ezomon The other day, I set out with my “Skelewu” dance steps when rice farmers and millers gave the assurances that, due to expected bumper harvest, and their desire to assist in the reduction of prices of goods, a 50kg of rice would crash to N6,000 in a few months. My happiness was…