How NAFDAC Expended N2.5bn Generated from raids in Lagos, Onitsha, Aba drug markets
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Mojisola Adeyeye, director-general (DG) of the National Agency for Food and Drug Administration and Control (NAFDAC) says the agency generated N2.5 billion from drug raids in Lagos, Onitsha, and Aba markets.
Adeyeye spoke in Abuja on Wednesday when she appeared before a house of representatives committee.
Recently, the drug regulatory agency raided and shut down markets in Aba, Abia; Onitsha, Anambra; and Lagos for trading in fake medicines.
“The charges collected were paid directly into a NAFDAC account. The total amount was about N2.5 billion—roughly N2.537 billion,” she said.
“These charges were not punitive but necessary. The standard fine for violating goods distribution and storage practice (GDSP) is N2 million, but in many cases, we reduced it to N500,000.”
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