• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Interviews
  • Sports
Facebook X (Twitter) Instagram
Trending
  • ‎Court Sentences 26-yr-old Man to Three Years imprisonment for Stealing Solar Streetlight in Ogun‎
  • MOT!ON, ActionAid Condemn Attacks on Opposition Campaigns, Demand Probe
  • Korea Seeks Nigerian Manufacturing Shift, Urges Ratification of 20-year Tax Treaty
  • Wildlife Traffickers Shift Operations to Port Harcourt, Enugu as EIA Uncovers Corruption
  • ECOWAS, Germany Open Strategic Dialogue as Berlin Commits €49m to West Africa
  • Borno Woos Investors, Seeks 90-day Deal Pipeline to Drive Economic Recovery
  • UN Envoy, IPCR DG Warn Against Weaponising Hunger, Misinformation Ahead of 2027 Elections
  • UBEC, IGEN Seek Integration of Climate Education, Green Skills in Nigerian Schools
Facebook X (Twitter) Instagram
The Gazelle NewsThe Gazelle News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Interviews
  • Sports
The Gazelle NewsThe Gazelle News
Home » NAFDAC Generates N2.5bn On Clampdown On illicit Drug Markets in Lagos, Onitsha, Aba
Business

NAFDAC Generates N2.5bn On Clampdown On illicit Drug Markets in Lagos, Onitsha, Aba

NAFDAC, illicit Drug Markets
Abimbola OgunaikeBy Abimbola OgunaikeJuly 31, 2025Updated:July 31, 2025No Comments24 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye on Wednesday, 30 July, 2025 disclosed that the agency the generated N2.5 billion from its recent clampdown on illicit drug markets in Lagos, Onitsha, and Aba, reports thegazellenews.com.

Adeyeye added that the funds were fines collected from traders found guilty of selling fake or substandard drugs during recent enforcement actions in open markets across the country.

Adeyeye disclosed this at an interactive session with the House of Representatives Committee on Food and Drug Administration and Control. 

According to her, all funds were paid directly into NAFDAC’s official account, adding that N996 million was spent on enforcement operations, N159 million was borrowed from a donor grant, and N1.175 billion went to regulatory expenses. 

Adeyeye, who disclosed that the agency was left with about N206 million after deductions added that agency also deployed over 1,300 security personnel for the operation and uncovered widespread violations ranging from expired and unapproved drugs to poor storage practices. 

“The charges collected were paid directly into a NAFDAC account. The total amount was about N2.5 billion—roughly N2.537 billion.

“For the operation in the three markets: Lagos, Onitsha, and Aba; about N996 million was spent. We had to borrow N159 million from an existing grant because we didn’t have funds. In addition, regulatory expenses amounted to N1.175 billion. So, out of the N2.537 billion, we have only about N207 million left in the account”, she said. 

Adeyeye said the enforcement drive, which lasted up to four weeks in some locations, uncovered serious threats to public health, saying some shop owners were caught distributing banned substances like Tramadol and selling expired or unregistered medicines.

“These charges were not punitive but necessary. The standard fine for violating Good Distribution and Storage Practice (GDSP) is N2 million, but in many cases, we reduced it to N500,000,” she said.

She, however lamented that the agency’s inability to sustain such critical operations is being crippled by severe revenue restrictions imposed by the Federal Government.

While decrying the financial constraints facing the agency, Adeyeye explained that at the end of 2023, NAFDAC had N19 billion in its accounts.

The DG however noted that N9 billion was removed before the agency could access it, and only N4.5 billion was eventually released. 

Chairman of the committee, Regina Akume, noted that the agency’s presentation was incomplete.

“The work has not been completed. I would like to give you a chance to go back and work on this. How much was paid into your account? What goes in and what goes out? We haven’t talked about that,” she said.

The committee, consequently, directed the agency to return with a comprehensive, location-by-location account of the N2.5 billion generated from the raids.

Drug markets Mojisola Adeyeye
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Abimbola Ogunaike

    Related Posts

    ‎Court Sentences 26-yr-old Man to Three Years imprisonment for Stealing Solar Streetlight in Ogun‎

    November 6, 2026

    MOT!ON, ActionAid Condemn Attacks on Opposition Campaigns, Demand Probe

    November 6, 2026

    Korea Seeks Nigerian Manufacturing Shift, Urges Ratification of 20-year Tax Treaty

    November 6, 2026

    ‎Court Sentences 26-yr-old Man to Three Years imprisonment for Stealing Solar Streetlight in Ogun‎

    November 6, 2026

    MOT!ON, ActionAid Condemn Attacks on Opposition Campaigns, Demand Probe

    November 6, 2026

    Korea Seeks Nigerian Manufacturing Shift, Urges Ratification of 20-year Tax Treaty

    November 6, 2026

    Wildlife Traffickers Shift Operations to Port Harcourt, Enugu as EIA Uncovers Corruption

    November 6, 2026
    © 2026 All Rights Reserved. The Gazelle News. Designed By DeedsTech.

    Type above and press Enter to search. Press Esc to cancel.