Sunrise News
Advertisement
Thursday, July 3, 2025
  • About
  • Advertise
  • Contact
  • Breaking News
  • Business
  • Columnist
  • Entertainment
  • Opinion
  • Politics
  • World News
No Result
View All Result
  • About
  • Advertise
  • Contact
  • Breaking News
  • Business
  • Columnist
  • Entertainment
  • Opinion
  • Politics
  • World News
No Result
View All Result
Sunrise News
No Result
View All Result
Home Breaking News

NAFDAC DG extols contributions of MSMEs to economy

Editor Sunrise by Editor Sunrise
July 26, 2021
in Breaking News, Featured
0
NAFDAC DG extols contributions of MSMEs to economy

Prof Mojisola Adeyeye, NAFDAC

0
SHARES
36
VIEWS
Share on FacebookShare on Twitter

Director General of the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, has said Micro, Small and Medium Enterprises (MSMEs) were too critical a sector to be ignored.

A statement signed by the Agency’s resident media consultant, Mr Olusayo Akintola, and issued to newsmen on Sunday, in Abuja, quoted Adeyeye as reiterating the important role MSMEs played in the nation ‘s economy, pledging that the agency would continue to render its support to enable them continue to act as catalysts to economic rejuvenation.

Also Read
Real Madrid’s midfielder to miss derby due to appendix surgery

The Director General (DG) said that globally MSMEs had contributed up to 45 per cent of total employment and 33 per cent of Gross Domestic Product (GDP) in emerging economies.

“In a recent review of a 2017 survey on MSMEs, it is revealed that in Nigeria, there were 41.4 million MSMEs and about 99 per cent belong to the micro sub-sector, which is the bedrock of Nigeria’s industrialization.

“This is the most important component of industrialisation as set out in the Economic Recovery and Growth Plan of the federal government, the significance of MSMEs in the nation’s economy is critical.

Also Read
No plan to regulate social media, says NCC

Adeyeye urged entrepreneurs to be patient in obtaining NAFDAC’s certification before exporting goods, especially in the light of the revamped relationship between them and the agency in recent times.

“NAFDAC’s timeline for the processing of products for registration is 90 days and there is consistent efforts to ensure timelines are met, amongst which are the deployment of a robust e-registration platform.

“The e-registration platform is called NAFDAC Product Administration and Monitoring System (NAPAMS), which has the capacity for monitoring and assessment of timelines,” Adeyeye said.

Also Read
Why Lil Kesh didn’t upload Gasky’s video on Instagram –Manager

She explained that If anybody went online to start the e-registration process  and encountered any challenge, “there is an online assistant that is always ready help in case of any challenge during the registration”.

Some people who have products that they think they can export, take shortcuts and they don’t also go to NAFDAC to test their products before they are exported.

“Thereafter, the government of the receiving country stops the product, and they reject it and destroy it, we all need to learn not to take shortcuts.

Also Read
Bisi Olatilo, other express shock over death of Ras Kimono’s wife

“This agency will not compromise global best practices and standard under the guise of placating its clients, who have refused to follow due process to get the required identification certification”, the NAFDAC DG said.

Adeyeye encouraged entrepreneurs to always wait for a duration of four and a half months to get their products registered.

She added that some of the compliance issues that were frequently observed ranged from labelling lapses, inadequate documentation, increased product analysis failure rate and product rejects, especially with highly sensitive products.

However, the NAFDAC DG observed that the ongoing trainings and re-trainings of prospective NAFDAC applicants/MSMEs entrepreneurs on principles of good agricultural practices and others were yielding the desired reduction of such failures.

On the granting of approval for MSME production sites, the NAFDAC boss said that if a site designated for manufacturing and packaging was found to be filthy for the prospective product, NAFDAC would not approve such site.

She, therefore, admonished MSMEs owners to always ensure that they complied with all relevant government policies and regulations; collaborate more amongst themselves, to jointly engage government constructively.

Adeyeye noted that if there was a sector that had got the most needed support from NAFDAC, “it is the MSMEs, with the reduction in the registration fee by 80 per cent within six months in the year 2020.”

The first 200 applicants received zero registration fee, she said, adding that the agency also waived late renewal fees for those whose NAFDAC registration licenses expired during the same period.

According to her, the palliative given to the MSME sector in 2020 was not given to any other sector, because of its importance to the nation’s economy.

“The COVID pandemic might have slowed down some people who might have wanted to register. But, six months out of the nine months of the pandemic in 2020 was devoted to rendering help to the MSMEs”, Adeyeye said.

Share this:

  • Click to share on X (Opens in new window)X
  • Click to share on Facebook (Opens in new window)Facebook
Tags: EconomyMSMEs
Previous Post

Standard Gauge: Lagos announces traffic diversion at Brewery, Ijora, Gaskiya and Dockyard level crossing

Next Post

NSCDC captures notorious bandit in Sokoto

Editor Sunrise

Editor Sunrise

Related Posts

Makemation: Evidence of the ‘Can Do’ Spirit
Featured

Makemation: Evidence of the ‘Can Do’ Spirit

April 18, 2025
Game Changer By Sam Adeoye
Featured

THE RIGHT SPOUSE

March 8, 2025
Featured

Senate Must Focus on Governance, Not Internal Disputes – Prof. Kunle Macaulay

March 7, 2025
Next Post
NSCDC captures notorious bandit in Sokoto

NSCDC captures notorious bandit in Sokoto

PlusWorldPlusWorldPlusWorld

You might have missed this

  • Experts List Seven Benefits Of Breast Sucking To Women

    Experts List Seven Benefits Of Breast Sucking To Women

    0 shares
    Share 0 Tweet 0
  • Nigerian Staff of popular Chinese phone company threaten strike, accuse bosses of maltreatment

    0 shares
    Share 0 Tweet 0
  • NRC signs MOU with 4 Polytechnic, varsity on railway engineering training

    0 shares
    Share 0 Tweet 0
  • Food Safety: NAFDAC, Ministry of Health partners NGO…gives five safer food keys

    0 shares
    Share 0 Tweet 0
  • Qudriyyah Movement of Lagos Celebrates Governor Sanwo-Olu at 60, Offers Prayers for Continued Wisdom and Prosperity

    0 shares
    Share 0 Tweet 0
  • Full list of chairmen/vice chairmen for 20 local governments and 37 LCDAs in Lagos State

    0 shares
    Share 0 Tweet 0
  • TCAN to hold 2025 Transportation Summit in Lagos

    0 shares
    Share 0 Tweet 0
  • Beneficiaries of past misgovernance desperate to malign Tinubu led gov’t will fail—Dr. Adefuye

    0 shares
    Share 0 Tweet 0
  • Salome Adaidu: Court sentences gospel singer Timileyin to death by hanging

    0 shares
    Share 0 Tweet 0
  • Rivers crisis: Tinubu meets Wike, Fubara, lawmakers

    0 shares
    Share 0 Tweet 0

Recent News

Atiku, David Mark, Secondus, others dump PDP, adopt coalition to unseat Tinubu

BREAKING: Coalition: Atiku, Obi, El-Rufai, others arrive Yar’Dua Centre for ADC unveiling

July 2, 2025
Eno

I’ll serve all regardless of political affiliation – Gov Eno

July 2, 2025

2027: I’m still Labour Party member, not in any coalition — Abia Gov, Otti

July 2, 2025
ADC unveiling: Coalition announces new venue hours after hotel cancelled booking

ADC unveiling: Coalition announces new venue hours after hotel cancelled booking

July 2, 2025
Sunrise News

© 2025 Sunrise NG

Navigate Site

  • About
  • Advertise
  • Contact
  • Breaking News
  • Business
  • Columnist
  • Entertainment
  • Opinion
  • Politics
  • World News

Follow Us

No Result
View All Result
  • Breaking News
  • Business
  • Entertainment
  • Columnist
  • Featured
  • Health
  • Politics
  • Sports
  • Trending News
  • World News
  • Yoruba News
  • More

© 2025 Sunrise NG

WhatsApp Sunrise News