NAFDAC REOPENS ONITSHA DRUG MARKET AFTER MONTH-LONG CLOSURE. (PHOTOS)

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 NAFDAC Reopens Onitsha Drug Market After Month-Long Closure The National Agency for Food and Drug Administration and Control (NAFDAC) has reopened the Onitsha Head Bridge drug market, popularly known as 'Ogbo Ogwu', after a month-long closure for sanitization and regulatory enforcement. The market was shut down as part of NAFDAC's nationwide clampdown on fake and substandard medicines. To prevent a recurrence of the issues that led to the closure, NAFDAC has implemented strict administrative conditions for reopening. Shop owners are required to complete documentation and clearance procedures before their shops can be unsealed. A dedicated NAFDAC desk has been established to facilitate the process efficiently, ensuring compliance with regulatory standards.² According to NAFDAC Director-General, Prof. Mojisola Adeyeye, only shops that meet the conditions will be allowed to resume operations. Shop owners have been directed to obtain and sign an undertaking, along with a penal...
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PRESIDENT TINUBU SIGNS STUDENTS LOAN AMENDMENT BILL INTO LAW. (PHOTO).

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President Tinubu Signs Students Loan Amendment Bill into Law


President Bola Tinubu has officially sanctioned and enacted the amendment bill for National Student Loans.


The legislation was ratified at the Aso Rock Presidential Villa on Wednesday, April 3, 2024.


The Senate had previously approved the Student Loan (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, in March 2024.


This action ensued after the Senate Committee on Tertiary Institutions and Tertiary Education Trust Fund (TETFund) reviewed and endorsed a report, which Senator Muntari Dandutse (APC, Katsina South), the committee’s chairman, presented during a plenary session.


It is noted that the bill had already undergone a second reading in both the Senate and the House of Representatives.


Tinubu has written to both the Senate and the House of Representatives, requesting the repeal of the Student Loan (Access to Higher Education) Bill and the enactment of a new one.


The anticipated Act aims to improve the execution of the Higher Education Student Loan Scheme by addressing issues related to the management structure of the Nigerian Education Loan Fund (NELF), the eligibility requirements for applicants, the loan’s purpose, sources of funding, and the procedures for disbursement and repayment.


This move by Tinubu followed the announcement of a temporary halt to the initiation of the student loan scheme.


The legislation was originally established to enable Nigerian tertiary institution students to obtain low-interest loans for tuition and other educational expenses.

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