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N1bn fine: Guinness resolves dispute with NAFDAC pays N11.4m
 
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Mon, 14 Mar 2016   ||   Nigeria,
 

Management of Guinness Nigeria Plc has agreed to pay N11.4 million administrative and service charges to the National Agency for Food and Drug Administration and Control (NAFDAC) as part of the resolution over N1 billion fine imposed by the agency.

According to the company, Guinness had since paid the administrative and service charges of approximately N11.4m to NAFDAC as “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.” In a release made available to the Nigerian Tribune on Thursday, Guinness Nigeria confirmed that a Notice of Discontinuance of the court action instituted against NAFDAC and the Attorney General of the Federation has been filed.

It will be recalled that NAFDAC had on November 9, 2015, written a letter on Payment of Administrative Charges for Various Clandestine Violations’ to the Managing Director of Guinness Nigeria Plc.

 

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