Peter Obi Condemns NAFDAC Over Alleged ₦700,000 Fee for Traders to Reopen Shops at Onitsha Head Bridge Market
In a recent and strongly worded statement, Peter Obi, a prominent Nigerian political figure and former presidential candidate, has condemned the National Agency for Food and Drug Administration and Control (NAFDAC) following reports that traders at the Onitsha Head Bridge Market are being asked to pay a hefty sum of ₦700,000 to reopen their shops. This development has sparked outrage among small business owners and raised serious concerns about the treatment of Micro, Small, and Medium Enterprises (MSMEs) in Nigeria.
Background: The Onitsha Head Bridge Market Closure
The Onitsha Head Bridge Market, one of the largest and most bustling markets in southeastern Nigeria, was recently shut down by regulatory authorities due to concerns over the sale of counterfeit and fake goods. During the initial phase of this closure, Peter Obi made a public visit to the market. His visit was seen as an expression of support for the efforts of regulatory bodies like NAFDAC, aimed at protecting Nigerian consumers from harmful fake drugs and substandard products flooding the market.
In a statement shared on his official X (formerly Twitter) handle on Tuesday, May 27, Obi reminded Nigerians of his stance during that period. He said:
“I recall visiting the Head Bridge Market during the initial phase of its closure, standing in support of the authorities to ensure our society is free from fake drugs and counterfeit goods.”
This statement reflected Obi’s commitment to public health and safety, as well as his understanding of the importance of curbing the circulation of counterfeit goods that pose serious risks to consumers.
The Controversy: ₦700,000 Fee to Reopen Shops
However, what started as a well-intentioned intervention has now taken a troubling turn. Traders who had to close their shops during the crackdown are reportedly being asked by NAFDAC to pay a staggering ₦700,000 fee if they wish to reopen their businesses. This demand has been described by many, including Obi himself, as unjust and economically damaging.
Obi expressed his disappointment and concern clearly:
“It is, therefore, deeply unfortunate to learn that shop owners are now being asked to pay ₦700,000 to reopen their stores.”
This fee, according to Obi, is not only a financial burden on traders but an outright obstruction to economic recovery, especially in a country where many small businesses are already struggling to survive.
The Impact on Nigeria’s MSMEs
Micro, Small, and Medium Enterprises (MSMEs) are widely regarded as the backbone of the Nigerian economy. They provide jobs for millions, contribute significantly to GDP, and support local communities. Unfortunately, these businesses have faced numerous challenges in recent years, including economic instability, inflation, poor access to finance, and regulatory hurdles.
Peter Obi highlighted the dire state of MSMEs in Nigeria, reminding everyone of the harsh reality faced by many:
“Our MSME’s businesses are at a ‘we can’t breathe’ stage, and the very system that should be offering them oxygen to support their breathing is instead suffocating them.”
This powerful metaphor captures the desperate need for support, leniency, and understanding from the government and regulatory bodies rather than additional financial pressures. In the past two years alone, it is reported that over seven million MSMEs have collapsed across Nigeria, a staggering number that signals an economic crisis for many communities dependent on these businesses for their livelihoods.
Economic Sabotage and Call for Justice
Peter Obi did not mince words in describing the ₦700,000 reopening fee. He labeled it a form of “economic sabotage” that undermines efforts to revive the economy and protect vulnerable traders.
“These shop owners have already endured prolonged closures, mounting unpaid bills, and economic strain. Adding further burdens to them and their families at this time is simply unjust,” Obi said.
His call is clear: regulatory authorities must rethink their approach and policies to avoid pushing small business owners deeper into financial distress. The demand for such a high fee amidst ongoing economic hardships is seen as counterproductive and unjust.
A Plea for Compassion and Economic Recovery
Reiterating his commitment to supporting Nigerian small businesses, Peter Obi made a passionate appeal to the government and regulatory agencies to prioritize compassion and economic recovery over punitive measures.
“Let us prioritise compassion, economic recovery, and the survival of our small businesses at this critical time in our nation,” he urged.
Obi emphasized that government actions should be rooted in empathy and the understanding that the survival of MSMEs is essential for Nigeria’s broader economic health.
“Please review and drop this charge. Allow these businesses to reopen. Compassion must lie at the root of government action.”
The Bigger Picture: Why This Matters for Nigeria’s Economy
The situation at the Onitsha Head Bridge Market is more than just a local issue. It reflects a larger challenge facing Nigeria’s economy: how to balance necessary regulation and enforcement against counterfeit goods while supporting the survival and growth of small businesses.
NAFDAC’s role in protecting public health is undeniably critical. Fake drugs and counterfeit products can cause severe harm, undermine consumer confidence, and disrupt the market. However, the enforcement of regulations must also be fair and considerate of the economic realities faced by traders.
For a country with a high unemployment rate and a significant proportion of the population dependent on MSMEs, policies that impose excessive financial burdens risk accelerating business closures and worsening unemployment.
Conclusion
Peter Obi’s condemnation of NAFDAC’s alleged ₦700,000 fee for traders at the Onitsha Head Bridge Market shines a light on the fragile state of Nigeria’s MSMEs and the urgent need for compassionate governance. His call for justice and economic recovery resonates deeply with many Nigerians who understand that supporting small businesses is key to rebuilding the economy.
As Nigeria continues its fight against counterfeit goods and strives for a safer, more reliable market system, it is crucial that regulatory actions do not inadvertently stifle the very enterprises that sustain millions of Nigerians. The government and agencies like NAFDAC must find a balance that protects consumers without suffocating traders.
For now, the plea remains clear: review and drop this reopening fee, and let compassion guide the way toward a more inclusive and resilient Nigerian economy.
