Friday 20 August 2021

NAFDAC sensitises corps members on registration for MSME Products





By Stella Kabruk 


National Agency for Food, Drug Administration and Control (NAFDAC) has embarked on sensitisation of corps members on registration requirement and processes for Micro Small Medium enterprises (MSME) products .

The Kaduna State Coordinator of NAFDAC, Nasiru Mato, said products registration by the agency was a fundamental prerequisite for regulated products to get marketing. 

Mato said this during the sensitisation programme on skill acquisition organised by National Youth Service Corps (NYSC) for its Batch 'B' stream 1 corps members on Thursday in Kaduna. 




According to him, the ultimate objective of product registration was to ensure safety and quality as well as fulfilling the necessary requirement of the law. 

He eplained that there were categories and classes of registrable MSME products, documentation process, labelling as well as personnel requirement, among others. 

Mato also informed the Corp members that the agency has deployed e - registration via its NAFDAC Automated Product Administration and Monitoring System (NAPAMS) to ease the registration process.

He said with the development, clients can register their products online. 

He further explained that the process is hassle - free, in line with the Presidential Executive Order on ease of doing business in Nigeria. 

"The  process is real time enabled and transparent", Mato said .

He urged the corps members to be self relianceand  self employed so as to grow the country's economy. 

"The federal government is placing emphasis on non oil sector as an alternative source of revenue and to grow the economy, therefore, you should key in and be self employed and self entrepreneurs", Mato urged the corps members. 

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EFCC chairman Bawa prefers fewer honest banks over multiple lawless banks

 

EFCC is placing emphasis more on prevention of crime, and less on investigation and prosecution.

EFCC chairman, Abdulrasheed Bawa [EFCC]

Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, wants financial institutions in Nigeria to play by the rules and shun malpractices.

In a meeting with bank directors on Thursday, August 19, 2021, the EFCC boss said the institutions must cooperate with the anti-graft agency to fight fraudulent election financing, foreign exchange malpractices, and money laundering.

He noted that the agency is committed to placing its emphasis more on prevention of crime, and less on investigation and prosecution.

Foreign exchange malpractices, and fraudulent election financing, he said, are two of the biggest challenges the EFCC is hoping to tackle effectively.

"Any banker complicit in any such financial fraud will face the full wrath of the law.

"It is better to have fewer banks complying with the laws of the land than to have multiple banks not complying with the laws," he said.

Bawa assured the directors at the Lagos meeting that financial institutions are important partners in the EFCC's efforts to stamp out economic and financial crimes.

He said the country needs to expeditiously evolve its policies in line with the United Nations' categorisation of the fight against corruption.

Some of the bank directors pledged to support the EFCC's fight against corruption in Nigeria, and called for regular engagement with bankers.

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