CONSUMER PROTECTION COMMISSION  CLARIFIES ONE MONTH DEADLINE TO TRADERS ON PRICE REDUCTION 

The Federal Competition and Consumer Protection Commission has dismissed claims that it plans to regulate the prices of food items and other commodities in the Nigerian market. It clarified that its recent directives are solely aimed at curbing exploitative practices and maintaining a competitive marketplace in a statement by its Director, Special Duties and Strategic…

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TAX ON FOOD, TRANSPORTATION, OTHERS TO GO

The chairman of the presidential committee on fiscal policy, Taiwo Oyedele said the committee has proposed the removal of taxes on food, public transportation, and house rents, to ease the financial burdens of Nigerians. Oyedele during an interview with Channels TV in Abuja said the proposal also includes the exemption of value-added tax (VAT) on…

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NAFDAC ASSURES DUE DILIGENCE IN THE DAIRY MARKET 

The National Agency for Food and Drug Admin­istration and Control (NAFDAC) has con­demned an online media report titled “Investigation: Milk or Mimic: Nigeria’s Dairy Market, a Hub for Inferior EU Products” dated August 27, 2024. NAFDAC through its official X handle, formerly Twitter, on Sunday said milk which is modified in composition by the addition…

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AGRICULTURE REFORMS: NIGERIA ECONOMIC SOCIETY RECOMMENDS THE INDONESIA MODEL  

The President of the Nigerian Economic Society, Professor Adeola Adenikinju, has emphasized that to achieve food security, Nigeria should adopt the bold agricultural policies implemented by countries like Indonesia and India. He stressed the need for agricultural modernisation through enhanced access to technology, inputs, and irrigation. Professor Adenikinju shared these insights during his presentation on…

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GOVERNOR FUBARA CHARGES THE NEW RIVERS STATE INVESTMENT BOARD TO ATTRACT INVESTMENTS AGRICULTURE, OTHERS 

Rivers State Governor,  Siminalayi Fubara, has reaffirmed his administration’s commitment to creating a conducive environment for the growth of key sectors, including agriculture, manufacturing, small and medium enterprises, and services. These sectors, he emphasised, are crucial for placing the state’s economy on a competitive footing. Governor Fubara gave this charge during the inauguration of the…

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ENUGU STATE GOVERNMENT CAUTIONS RESIDENTS AGAINST SALE OR CONSUMPTION OF DEAD ANIMALS

The government of Enugu State, on Monday, cautioned butchers as well as poultry farmers against the sale of animals and chickens that died under mysterious circumstances to unsuspecting members of the public. The caution was contained in a press release co-signed by the Commissioner for Health, Dr Ikechukwu Obi, and that of Agriculture and Agro-Industrialisation,…

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