The Governing Council of the National Agency for Food, Drug Administration and Control NAFDAC, said it has suspended implementation of the new tariffs which came into effect on 1st June, 2019.
The move, NAFDAC said is to douse tension and assuage the yearnings of stakeholders in the pharmaceutical, food and allied industries.
According a statement signed by the director, Public Affairs, NAFDAC, Abubakar Jimoh, the decision was reached after a marathon stakeholders forum and meeting of the Governing Council.
The board said that the decision was reach by the governing council of NAFDAC at a stakeholders meeting held recently in Lagos and was made known by the chairman of the council, Inuwa Abdul-kadir.
He said that the suspension of the new tariff is borne out of NAFDAC avowed commitment to the promotion of the growth of Micro, Small and Medium Enterprises in the country.