NEWS
FCCPC Generates N56bn in 2023, Remits N22.4bn to Federation Account

The Federal Competition and Consumer Protection Commission (FCCPC),} 0says it raked N56 billion as Internally Generated Revenue (IGR) in 2023 and remitted N22.4 billion to the Federal Government.
Mr Babatunde Irukera, the Executive Vice Chairman of FCCPC, said this at a strategic media engagement organised by the Commission in Abuja on Thursday.
Irukera said that 90 per cent of the IGR was gotten from penalties.
According to him, we believe that businesses must be held accountable and we believe in consequences.
”What makes the market stable is holding businesses accountable. Consequence management system is what we have adopted.
”We are not trying to close down businesses but they must know that if you snooze, you loose.
”You cannot distort the market and expect that there will be no consequences,” he said.
Analysing the Commission’s budget since 2017, Irukera said the agency got one billion naira as budget from the government and raked an IGR of N154 million in that year.
He said the Commission got N3.3 billion, N1.3 billion as government budget in 2018 and 2019 respectively and N377 million as IGR in 2019.
The executive vice chairman said that in 2020, the Commission’s budget from the government was N887 million and it got an IGR of N864 million.
”By 2021, the government approved a budget of N1.8 billion to the Commission and the agency generated N4 billion and remitted N1.6 billion.
”As a matter of fact, what the government released from the treasury that year for the agency was N1.3 billion, so the agency gave the government more money than it got from it.
”In 2022, the government budget was N1.3 billion for the agency, the agency did not touch a single kobo of the operational or capital expense, the agency made N5.2 billion and remitted N2.6 billion,” Irukera said.
He said the Commission had since January 1, vacated the Federal Government’s budgetary provisions.
”In 2023, our IGR is N56 billion and we remitted to the government N22.4 billion.”
Irukera said the development demonstrated the possibility of the country.
He reiterated the need for companies to take responsibility and create their stand-alone complaints resolution platforms to resolve consumer related issues. (NAN)
Health
NAFDAC Clarifies Sachet Alcohol Ban Timeline

The National Agency for Food and Drug Administration and Control (NAFDAC) has clarified its stance regarding the nationwide ban on sachet alcohol.
Mr Kenneth Azikiwe, Director of the FCT Directorate of the agency, in an interview on Monday in Abuja that the temporary lifting of the ban was only valid until Dec.
31, 2025.He emphasised that the recent ministerial lifting of the ban was not permanent and urged the public to disregard misinformation suggesting that the government had permanently lifted the restriction.
“There is a ministerial lifting on the ban of sachet alcohol, but it is only temporary and will be reviewed by Dec. 31, 2025.
“After this date, the full enforcement of the ban will commence.
“The minister granted this temporary relief to allow manufacturers and regulators time to collaborate and ensure a more structured and effective implementation of the ban,” Azikiwe stated.”
He highlighted NAFDAC’s ongoing efforts to sensitise the public across the country, noting that awareness campaigns had reached every state.
“We have sensitised distributors, and we’ve emphasised that alcohol should not be sold to individuals under the age of 18, which is also clearly indicated on product labels,” he added.
Azikiwe also commended the Distillers and Beverages Association of Nigeria (DIBAN) for supporting the awareness drive.
He reassured the public that NAFDAC remained fully committed to regulating alcohol consumption and reiterated that sachet alcohol products containing less than 200 milliliters would be phased out after Dec. 2025.(NAN)
Foreign News
Terrorist attack: UN Chief Remembers Staff Killed In Iraq

UN Secretary-General Antonio Guterres on Sunday said that the organisation would never forget the staff members killed in the Aug. 19, 2003, attack on its headquarters in Iraq.
Guterres was speaking during a wreath-laying ceremony at a memorial in Baghdad to honour the victims of the Canal Hotel bombing – the worst terrorist attack in UN history.
Twenty-two people were killed, including the then UN Special Representative for Iraq, Sergio Vieira de Mello.
More than 100 others were injured, and several survivors attended the ceremony.Guterres told the audience that “22 years is a long time, but we will never forget the colleagues who were killed that day in the bombing at the Canal Hotel.
”These staff members “were sons, daughters, mothers, fathers and friends who are, to this day, mourned by those they knew and loved,” he said.
“We will always remember their leader, Sergio Vieira de Mello, who was also killed in the attack. We will stand with the survivors whose lives were changed forever,” he added.
“And we will remember the courageous colleagues and others who rushed to help on that terrible day, and in the days and weeks after — showing us the very best of the humanitarian spirit.”
Guterres said the memorial stands as a tribute to their lives and their contributions to the people of Iraq. It also serves as a reminder of how far the country has come since 2003.
The UN chief noted that the women and men of the United Nations had worked tirelessly together with the brave and resilient people of Iraq to support their quest for stability, development and peace.
He stressed that above all, the memorial is “a clear reminder of the vital work that our organisation does around the world — and the dangers our people face in carrying out that work.”
This date “has been forever transformed from a day of unimaginable horror and tragedy here in Iraq into a global day of solemn remembrance for all humanitarians — inside and outside the organisation,” Guterres said.
“Their bravery, dedication, and belief that a better future is possible will always inspire us. And like those whose lives were lost on August 19, 2003, their sacrifices and contributions to our world — and to our vital cause of peace — will never be forgotten.”
The secretary-general was in Baghdad to attend the League of Arab States Summit. He also met with senior Iraqi officials, including Prime Minister Mohammed Shia Al-Sudani.
During talks on Sunday, they discussed developments in Iraq and the region, as well as the remaining period of the UN Assistance Mission for Iraq (UNAMI).
The secretary-general reaffirmed that the UN remained fully committed to continuing to support the Government and people of Iraq following the mission’s departure.
UNAMI has been in the country since 2003 and is working to conclude its mandate by the end of 2025. (NAN)
Foreign News
17 Dead As Israel Presses New Gaza offensive

The Palestinian city of Khan Younis was targeted by intensive airstrikes overnight, as Israel pursued its ramped-up offensive across the Gaza Strip.
According to Palestinian news agency WAFA on Monday, 17 people were killed in the coastal territory during the night.
WAFA did not initially provide details on the identity of the victims.
According to medics in Gaza, at least six people were killed and dozens injured in airstrikes on Khan Younis.
Witnesses told dpa that there were about 30 airstrikes on the area.
The internet connection failed in large parts of the city.
Palestinian media reports by WAFA and others said that a special unit of the Israeli army had killed a commander of the al-Nasser Salah al-Din Brigades, which is allied with the Islamist movement Hamas.
The information could not initially be independently verified.
The Israeli military emphasised that it did all it can to avoid civilian casualties when attacking targets belonging to Hamas or other terrorist organizations.
This cannot be verified either as reporters has very limited access to the area.
The Israeli Air Force has been carrying out massive aerial attacks on targets in the Gaza Strip in recent days, and Israel announced an “extensive’’ new ground operation across the territory on Sunday.
Dozens of Palestinian deaths are being reported daily from the Gaza Strip. (dpa/NAN)