The Director General of the National Agency for Food Drug Administration and Control, Prof. Christianah Adeyeye, has said that during her first term in office, the agency’s internally generated revenue rose to N2.5 billion.
Tribune reported that, Adeyeye, during a video press conference to announce her second term in office, thanked the President, Major General Muhammadu Buhari (Ret’d.) and other industry players for their support towards the agency during her first term, which helped it accomplish the success it did.
The professor was recently reappointed for a second five-year term and has announced, on Tuesday, that NAFDAC would advance to the World Health Organization’s Maturity Level 4 as a regulatory organisation to facilitate the international trade of pharmaceuticals made in Nigeria by working in tandem with other regulatory organisations to register these products.
Adeyeye’s highlight during her address was the report that the IGR for NAFDAC has increased threefold to N2.5 billion from N700 million, and user fees have more than doubled to N15 billion since she was initially appointed, according to her memories.
She recalled that during her first term, she inherited an N3.02 billion debt, which she paid off within her first year in office.
She said, “N3.02 billion inherited debt was paid off within my first year in office. The sum of about N180 million was discovered to be fictitious. The agency is enjoying better financial management. The IGR has tripled to N2.5 billion. User fees have more than doubled to N15 billion.”
