Archive Guiness Settles with NAFDAC, pays N11.4m fine

Guiness Settles with NAFDAC, pays N11.4m fine

-

- Advertisment -
Kemi Busari
Guinness Nigeria Plc has confirmed the resolution of disputes with the National Drug Law Enforcement Agency (NAFDAC).
Guiness also confirm the payment of administrative and service charges of N11.4million to the agency.
The company had since November 2015 been in a legal tussle with NAFDAC over an allegation that it has in store expired raw materials.
Guinness was given a two-week ultimatum to pay the fine but today announced it has fulfilled requirements and paid N11.4 million.
Here is a copy of the press release signed by Guiness’ Corporate Communications Manager.
Guinness Nigeria can now confirm that a Notice of Discontinuance of the court action instituted against the National Agency for Food and Drug Administration and Control (NAFDAC) and the Attorney General of the Federation has been filed. The action was started following the receipt by the company of a letter dated 9th November 2015 from NAFDAC which, among others, imposed administrative charges of one billion naira (N1billion) on the company.
The termination of the court action was predicated on the letter dated 15th February 2016 from NAFDAC to the company which was stated to “supercede the decisions contained in the Agency’s letter dated 9th November 2015”. As part of the resolution,NAFDAC would be present during the destruction of the expired raw materials in its rented warehouse and both parties agreed that this would be the procedure for the exercise in future. Guinness Nigeria also agreed to pay administrative and service charges to NAFDAC to cover the cost of the investigative inspection of raw materials carried out by the Agency as well as the supervision by NAFDAC of the destruction of the raw materials which would be carried out by Guinness Nigeria.
The administrative and service charges of approximately N11.4m has since been paid to NAFDAC.
Guinness Nigeria is home to some of the most iconic brands in Nigeria including Guinness Foreign Extra Stout. As part of the Diageo group of companies, Guinness Nigeria operates to the highest standard of quality in its production and processes, being guided not only by Nigerian but global best practices.
Guinness Nigeria acknowledges the support received from the Honourable Minister of Health and from the former Director-General and senior management of NAFDAC towards the amicable resolution of the matter and expresses its commitment to maintaining and fostering a strong and mutually beneficial relationship with NAFDAC.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

CHRICED Flays Perceived Intimidation Against HEDA

The Resource Centre for Human Rights & Civic Education (CHRICED) strongly condemns the attempts by certain well-heeled individuals and...

IITA Partners IFAD-VCDP Towards Zero Hunger

International Institute of Tropical Agricultural (IITA), a non-profit institution that generates agricultural innovations to meet Africa’s most pressing challenges...

Nigeria and the Need to Urgently Develop its Universal Protection System

"The COVID-19 pandemic has exposed the inadequacies and weaknesses in our social protection system further widening the gap between...

Agribusiness Engagement key to Poverty Reduction among Youth

With the increasing rate of unemployment among youths in Nigeria, development stakeholders are of the opinion that agriculture can...

63% HIV Pregnant Women Do Not Access PMTCT Services -Expert Decries

By Ijeoma Ukazu | A medical expert, Dr. Ijaodola Olugbenga has decried that about 63 percent of HIV pregnant women...

UNDP To Hold Zonal Innovation Hub on Social Protection in Lagos

By Tejumade Sanusi | The United Nations Development Project, (UNDP) will be holding a two-day sensitization workshop for the establishment...

Must read

CHRICED Flays Perceived Intimidation Against HEDA

The Resource Centre for Human Rights & Civic Education...

IITA Partners IFAD-VCDP Towards Zero Hunger

International Institute of Tropical Agricultural (IITA), a non-profit institution...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: