Business
“Why I Don’t Take Food and Beverages in Aba “
Image credit: toppng
By Ichaburu Ochefa
Some time ago, a friend of mine living in Lagos State told me that whenever he is on business travels to Aba, Abia State, he doesn’t drink water or tea neither in the hotel he lodges nor buys from the shops outside.
Curiously, I asked him why.? “
They are fake products,” he replied. He added, “From water to tea, wine, spirits, juices, etc.
“I further asked, “So how do you survive while you are there.?
“I prepared myself from Lagos,” he said. “But there are fake products in Lagos, too, and all over Nigeria,” I told him as a matter of fact.
They are at Oke-Arin market on Lagos Island, Alaba International; the Oyingbo market … they are at Ogbete main market, Enugu …”
“I know, he cut me short and said: “Not like Aba; Aba is worst in counterfeiters…”
What my friend told me months ago matches the NAFDAC’s recent regulatory actions against fake product manufacturers in Aba.
An official statement from the agency on Tuesday, 28 January 2025, signed by Prof Mojisola Adeyeye, the NAFDAC Director-General, described the Cemetery market Aba as ” the most dreaded and hitherto safe haven for the largest cartel ring for the manufacture of fake wines and beverages in Africa.”
NAFDAC further said that its enforcement agents, in collaboration with a large contingency of the military, DSS, and Nigeria Police, in a rare display of inter-agency cooperation, confiscated adulterated wines, fake food, and beverages valued at over N5 billion. ”
The current action of NAFDAC is the most audacious in the history of the market, with specific zones barricaded with iron welding and access gates locked to date.
The operation carried out was a follow-up to a similar raid that was carried out in December 2023.
Some of the nefarious activities of the counterfeiters included the manufacturing of all kinds of adulterated products especially different kinds of wine from a wide variety of brands ranging from the following: · Seaman Schnapps, Henessy, Four Cousins · Carlo Rossi, Jenney, Chelsea London Dry Gin · Schnapp Dry Gin, McDowells, Black Labels · Gordons, Martell, Campari, Smirnoff ice · Eva Non-Alcoholic Drink, Evra Non-Alcoholic Drink, Cartel and others.
As a consequence of the extensive operation, the agency raided over 240 shops and turned factories where the harmful products were being produced and marketed.
The shops turned factories are very filthy, using water from very unhygienic sources, harmful chemicals, saccharin, coloring, dirty recycled bottles, and cloned packaging materials of other brands.
The adulteration of alcoholic beverages by criminal elements in the country is done by mixing cheaper sources of sugar and starch besides grapes or fruit, among other harmful chemicals unsuitable for human consumption.
Over 1500 cartons of fake and substandard products were destroyed during the operation.
The street value of the confiscated and destroyed fake products in 2023 is estimated at over seven hundred and fifty million naira only. (N750,000,000).
The estimated value of products mopped up during the December 15, 2024, operation is five billion naira.
The products being revalidated and mopped up include: · Soft and carbonated drinks such as Fanta, Coca-Cola · Schweppes, Lacasera, Sprite, Hollandia Yoghurt · Super Commando Energy Drink, Feyrouz and Amstel Malta. Aside from drinks, notable fake home-use beverages such as: · Peak Sachet Milk, Cowbell Sachet Milk, Peak Chocolate Drink · Miksi Sachet Milk, Cadbury Chocolate Drink, and Ovaltine adulterated versions.
Before the evacuation of the products by NAFDAC, they were being produced in the market and neatly packaged and sold to unsuspecting consumers.
NAFDAC management appreciates the support from the Government of Abia State led by His Excellency Governor Alex Otti for his unwavering support for this project OPERATION CLEAN UP ABA.
The Mayor of Aba South, the interim management committee of the market, and other stakeholders have been working assiduously with NAFDAC on the project, leading to another discovery of three major warehouses stockpiling expired HOLLANDIA YOGHURT for revalidation on the 22nd of January 2025.
Business
President Tinubu Leaves for Kenya, Rwanda and France to Strengthen Strategic Partnerships
At the two summits, President Tinubu will deliver statements highlighting his administration’s ongoing reforms to reposition the nation as a prime destination for investment and growth. He will also hold high-level meetings with top-tier global and African business leaders.
President Bola Ahmed Tinubu will depart Abuja on Saturday, May 2nd, on a visit to Kenya, Rwanda and France.
The itinerary details are provided by Bayo Onanuga,Special Adviser to the President(Information & Strategy), as follows:
” President Tinubu’s first stop will be in France, after which he will depart for Nairobi, Kenya, to attend the Africa-France Summit scheduled to begin next week.
Co-chaired by President Emmanuel Macron and President William Ruto, the summit focuses on energy transition, green industrialisation, digital transformation, restructuring of global financing architecture, and climate action.
President Tinubu’s participation at the summit from May 11- 12 will underscore Nigeria’s unwavering commitment to strengthening strategic partnerships with African nations and the French Republic.
The summit, with the theme – “Africa Forward: Africa-France Partnerships for Innovation and Growth” – will provide a high-level platform for African leaders and their French counterparts to deliberate on critical issues affecting the continent, including economic transformation, climate resilience, infrastructure development, youth empowerment, technological advancement, and peace-building initiatives.
At the end of the Kenyan summit, President Tinubu will depart for Kigali, Rwanda, to attend the annual Africa CEO Forum, taking place between May 14th and 15th.
With the theme “Scale or Fail”, this year’s Africa CEO Forum will be the largest gathering of African private sector leaders, investors, and policymakers, focusing on accelerating economic transformation through shared scale, regional integration, and increased cross-border investment.
Held in partnership with the International Finance Corporation (IFC), the summit brings together over 2,000 top executives and national leaders to debate strategies for building resilient, competitive industries.
At the two summits, President Tinubu will deliver statements highlighting his administration’s ongoing reforms to reposition the nation as a prime destination for investment and growth. He will also hold high-level meetings with top-tier global and African business leaders.
President Tinubu will be accompanied on the trip by some of his ministers and senior aides.
He will return to Nigeria at the end of the Rwanda summit. “
Business
Nigerian Lawmakers Demand Arrest of World Bank Official Calling for Reinstatement of Petroleum Import Licences
Declaring the unnamed World Bank official persona non grata, the Committee gave the Bank 30 days to issue a public retraction and written apology.
The House of Representatives Committee on Petroleum Resources (Downstream) has call for the dismissal and arrest of the World Bank official responsible for the April 7, 2026 Nigeria Development Update, which recommended the reinstatement of petroleum import licences.
The Committee described the recommendation as a reckless move capable of undermining Nigeria’s indigenous refining capacity.
In a formal resolution, the Committee condemned the World Bank report, which claimed that imported petroleum products are 12 percent cheaper than those from the Dangote Refinery.
It rejected the position as contrary to Nigeria’s national economic interest and an unacceptable interference in the country’s sovereign petroleum policy.
Declaring the unnamed World Bank official persona non grata, the Committee gave the Bank 30 days to issue a public retraction and written apology.
It further demanded that the staff member responsible for the report be relieved of their duties and subjected to investigation.
Business
Senate approves Tinubu’s $516.3m loan
The syndicated financing facility is being sought from Deutsche Bank, according to a letter of request Tinubu sent to the Senate last Thursday.
The Senate has approved the $516.3 million loan requested by President Bola Ahmed Tinubu.
The money will be used for the construction of the Sokoto-Badagry Superhighway (Section One, Phase 1A and B).
The approval was given on Wednesday after the Senate considered the report of its Committee on Local and Foreign Debts.
The committee, chaired by Senator Magatagarda Wamakko, recommended the approval of the loan.
The syndicated financing facility is being sought from Deutsche Bank, according to a letter of request Tinubu sent to the Senate last Thursday.
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