Saturday, March 6

Tag: Regulate

Senate To Regulate Bleaching Cream And Cosmetics
Politics

Senate To Regulate Bleaching Cream And Cosmetics

The Senate on Tuesday mandated it Committee on Health to investigate the procedures for certification on quality and safety of Cosmetics and propose a way forward for accountability. The upper chamber also directed the National Agency for Food and Drug Administration and Control (NAFDAC) to rise up to its duty of regulating importation, formulation and sale of cosmetics within Nigeria. It further directed NAFDAC to maintain a products database, showing name and address of manufacturers and ingredients list. The upper chamber mandated NAFDAC to embark on sensitization and awareness campaign on the ills of harmful substances in the country. It also directed NAFDAC and the Federal Competition and Consumer Protection Council (FCCPC) to collaborate towards ensuring the tracking ...
Nigeria’s SEC Plans To Regulate Crypto On Hold In Light Of Central Bank Ban
Business

Nigeria’s SEC Plans To Regulate Crypto On Hold In Light Of Central Bank Ban

Nigeria’s Securities and Exchange Commission (SEC) announced Thursday it has put plans to regulate cryptocurrencies on hold in light of the central bank’s decision to ban them, according to a report by the Guardian Nigeria. The regulatory body released a statement officially confirming any plans to regulate the cryptocurrencies are now on hold following a Central Bank of Nigeria (CBN) directive ordering banks to close any accounts transacting with cryptocurrencies. “For the purpose of admittance into the SEC regulatory incubation framework, the assessment of all persons and products affected by the CBN circular of Feb. 5, 2021, is hereby put on hold until such persons are able to operate bank accounts within the Nigerian banking system,” the SEC said in a statement seen by the pu...
UK set to regulate Google and Facebook
News

UK set to regulate Google and Facebook

The U.K. government said Friday, Nov 27, that it plans to create a Digital Markets Unit (DMU) to enforce "a new code to govern the behavior of platforms that currently dominate the market, such as Google and Facebook."   The aim is to protect smaller competitors and give consumers more control over personal data.   Under the new code, some of the world’s biggest tech companies may have to be more transparent about the services they provide and how they use consumers’ data. They may also be forced to give consumers a choice over whether to receive personalized advertising, and they won’t be able to place restrictions on customers that make it difficult for them to use rival platforms.   The DMU, which will be part of the Competition and Markets Authority...
#EndSARS: We Must Regulate Social Media Before It Destroys Us – Lai Mohammed
Politics

#EndSARS: We Must Regulate Social Media Before It Destroys Us – Lai Mohammed

The Federal Government has warned that Nigeria is sitting on a keg of gunpowder if the issue of fake news is not urgently addressed, insisting on the regulation of social media in the country. The House of Representatives has, however, warned against clamping down on free speech and press freedom. The Minister of Information and Culture, Lai Mohammed and the House Committee on Information, National Orientation, Ethics and Values were sharply divided on the matter on Tuesday. Mohammed had appeared before the committee to defend the 2021 budget proposed by his ministry. The minister, while responding to questions from members of the committee, noted that the next war to be fought in the country and across the world might be fought the social media, making reference to the ong...
FG To Regulate Social Media – Lai Mohammed
Politics

FG To Regulate Social Media – Lai Mohammed

The Federal Government has made known its intention to regulate the social media. This was made known by Lai Mohammed, Information Minister. Mr Mohammed at a press conference said the government would not fold its arms and watch while activities on social media set the country ablaze. “It has reached a level that the government may just no longer fold its arms and allow this to continue,” the minister who has severally denied reports that the present administration intends to gag the media said. Social media has been one of the channels where purveyors of fake news circulate false information to mislead the public. The decision to regulate the social media comes weeks after the government increased fines for hate speech, an action that has been described as a move to sil...
CYBERCRIME: NCC To Regulate Use Of Internet
News

CYBERCRIME: NCC To Regulate Use Of Internet

THE National Communications Commission, NCC, yesterday, pledged to establish mechanisms to control the use of internet to protect the nation’s cyberspace against attack. The commission said the move is aimed at protecting children against dangerous online contents, ensure consumer privacy and data protection. This was disclosed by the commission’s Deputy Director, Consumer Affairs Bureau, Alhaji Ismail Adedigba, at the 109th edition of Consumer Outreach Programme in Osogbo, Osun State. Adedigba said: “Realising that liberalisation of the telecoms industry has led to an unprecedented increase in the usage of internet-based solutions and services, the Nigerian Communications Commission has initiated a process to establish an internet industry code of practice for internet servic...
NAFDAC Announces Plan To Further Regulate Sniper “Suicide”
News

NAFDAC Announces Plan To Further Regulate Sniper “Suicide”

The National Agency for Food and Drug Administration and Control (NAFDAC), is considering modifying the container of popular insecticide, Sniper, over the recent increase in its use for suicide in Nigeria. The Director General of the agency, Prof. Christiana Adeyeye, made the disclosure during NAFDAC’s commemoration of World Food Safety Day. According to her, sniper containers could now be made very difficult to open, or sniper may be totally turned into a spray rather than the liquid contents it is known for.
Defection: Court Okays Suit Seeking to Declare Senator Oduah’s Seat Vacant
News

Defection: Court Okays Suit Seeking to Declare Senator Oduah’s Seat Vacant

An Abuja High Court sitting at Bwari has ordered Senator Stella Oduah who is representing Anambra North Senatorial District, to within five days, adduce reasons why her seat should not be declared vacant following her defection from the Peoples Democratic Party, PDP, to the All Progressives Grand Alliance, APGA. The court, in the order that was made by Justice Othman Musa, equally directed the service of all the legal processes on Clerk of the Senate, even as it fixed August 29 to commence hearing on the matter. The order followed a suit marked FCT/HC/BW/CV/118/2018, which was lodged before the high court by a chieftain of the PDP in Anambra State, Mr. Nwaokike Godwin. The plaintiff had through his lawyer, Mr. Jideobi Johnmary, prayed the court to determine, “Whether upon an intim...