konga Ad Campaign konga Ad Campaign konga Ad Campaign
ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Thursday, July 7, 2022
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Special Reports and Investigations
      • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Special Reports and Investigations
      • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Guinness pledges $5,000 award for every goal, as Amaechi, Dangote, urge Eagles on

NAFDAC fines Guinness Nigeria N1 billion for alleged regulatory infractions

byOlisa Egbunike
November 13, 2015
1 min read

One of Nigeria’s brewing giants, Guinness Nigeria Plc, has been fined N1 billion (5 million dollars) by the National Agency for Food and Drug Administration and Control (NAFDAC).

Guinness, in a letter Thursday, informed the management of the Nigerian Stock Exchange (NSE) of the fine.

In the letter, signed by Sesan Sobowale, its company secretary, Guinness said it was still not clear what offence it committed to deserve such a punishment.

“We don’t understand the basis for the computation of the administrative charges nor the particular regulations alleged to have been infringed,” the company lamented.

Guinness said while it waits for clarification from NAFDAC, “we have been advised that there is no legal basis for the demand for the payment of the said sum”.

The company said the alleged regulatory infraction relates, in part, to the destruction of expired raw material without the authority and supervision of NAFDAC.

The company said the allegation, which relates to expired raw material and not to any of its brands, were identified when NAFDAC officers visited one of their rented warehouses used as raw material
store.

Guinness however expressed its commitment towards working with NAFDAC for amicable resolution of the matter.

The company said in its 60 years of operating in Nigeria, it has conducted businesses in accordance with all relevant Nigerian laws and regulations, and in line with Diagoe’s global best practices.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket



Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: Call Willie - +2348098788999






PT Mag Campaign AD

Previous Post

Ronaldo concedes Ballon d’Or to Messi

Next Post

Stanbic IBTC sanctions: CBN acted in bad faith – Financial Reporting Council

Olisa Egbunike

Olisa Egbunike

More News

Mohammed Barkindo [PHOTO CREDIT: @OPECSecretariat]

OPEC mourns Nigeria-born secretary-general, Mohammad Barkindo

July 6, 2022
Power Lines [Photo: energymixreport.com]

Nigerian govt announces restructuring of five electricity companies

July 6, 2022
Twitter Spaces: Unending fuel crisis

Fuel Crisis: NLC, IPMAN presidents; NMDPRA boss to speak as PREMIUM TIMES ‘ Twitter Spaces resumes

July 6, 2022
Naira and Dollars

Naira sees another big fall against dollar

July 6, 2022
Sealed GTB Bank branch in Abakaliki, Ebonyi State

Ebonyi Govt seals GTB Bank over alleged non-payment of tax

July 5, 2022
European Union

EU offers Nigeria $1.3 billion to help diversify its economy

July 5, 2022
Next Post
Stanbic IBTC sanctions: CBN acted in bad faith – Financial Reporting Council

Stanbic IBTC sanctions: CBN acted in bad faith – Financial Reporting Council

South Africa busts another secret Nigeria arms deal, seizes $5.7 million

Court orders SSS to allow ex-NSA Dasuki travel

Leave Comment

Search

AUN-PT Ad




Access Bank Ad







Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,907,848 other subscribers.

Advertisement




netherland biz school Advert



ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • #PandoraPapers
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Investigations
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • #EndSARS Dashboard
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • AUN-PT Data Hub
  • Opinion
  • The Membership Club
  • DONATE
  • About Us
  • Advert Rates
  • PT Hausa
  • Dubawa NG
  • Careers
  • Contact Us
  • Digital Store

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.