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Huge Percentage of Nigerian Foods Exported Abroad Are Rejected – NAFDAC

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The National Agency for Food and Drug Administration and Control (NAFDAC), has revealed that over 70% of Nigerian foods exported abroad are rejected.

This was disclosed by the director general of NAFDAC, Mojisola Adeyeye during the commissioning of the new NAFDAC office complex for the Murtala Muhammed International Airport/NAHCO in Lagos.

Mrs. Mojisola disclosed that the high rate of rejection of Nigerian foods exported, is accruing huge losses for the country, considering the huge amount of money spent to export those products.

She further added that the deplorable state of export trade facilitation for regulated products leaving the country has remained a serious concern for the agency while noting that the rejection rate could decline if collaboration between NAFDAC and other government agencies at the ports is strengthened.

In her words,

“Over 70 percent of the products that leave our ports get rejected. Considering the money spent on getting those products out of the country, it is a double loss for both the exporter and the country.

“The mandate to safeguard the health of the populace by ensuring that food, medicines, cosmetics, medical devices, chemicals, and packaged water are safe, efficacious, and of the right quality in an economy that is overwhelmingly dependent on the importation of the bulk of its finished products and raw materials could never have been actualized without the effective presence of NAFDAC at the ports and land borders.

“Without customs, we will not be able to do a lot of what we have been able to do. The collaboration between Customs and NAFDAC is huge. NAFDAC is a complex organization. We are scientific. We are police and we work with the Department of State Services. We work with Interpol and the Federal Bureau of Investigation because of the few unscrupulous stakeholders”.

Mrs. Mojisola commended the Nigerian police for their efforts, noting that they played a pivotal role in investigations, raids, and enforcement.

To save Nigeria’s reputation in International commerce, the NAFDAC boss disclosed that the agency is responding to the challenge by collaborating with the agencies at the ports, to ensure that goods meet the regulatory requirements of the importing countries and destinations.

She also urged all stakeholders in export trade to see this issue as a call to duty to collaborate with the agency to ensure that the rejection of Nigerian foods exported abroad is reduced drastically.

It is however worth noting that the rejection of Nigeria’s agricultural exports in the international market has continued to linger for a long time with no end in view.

Last year, NAFDAC expressed concerns over 76 percent of Nigeria’s exported agricultural commodities that were rejected by the EU for not meeting required standards. Also in January last year, the Shippers Association of Lagos (SALS) stated that 82 per cent of the country’s exported agro-allied products are either seized or rejected in Europe.

Various reasons have been adduced for the rejection of Nigerian exported goods, especially agricultural produce in the international market, ranging from standardisation limitations, unapproved chemical compositions in produce, and low quality among others. 

Following the challenging issue, the federal government had over the years expressed its commitment to tackling the rejection crisis, but meanwhile, the challenge persists.

10,000 BTC Traded for 2 PIZZAs 13 Years Ago

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On May 22, 2010, a programmer named Laszlo Hanyecz made history by buying two pizzas from Papa John’s for 10,000 bitcoins (BTC). At the time, this was equivalent to about $41 USD. However, as of today, those bitcoins are worth over $400 million USD.

This transaction is widely regarded as the first real-world purchase using cryptocurrency and is celebrated as Bitcoin Pizza Day every year. Hanyecz later said that he did not regret his decision, as he wanted to support the Bitcoin network and prove that it could be used as a medium of exchange.

Bitcoin Pizza Day is a global celebration of the first time that cryptocurrencies were used to buy physical goods. On May 22, 2010, Laszlo Hanyecz paid 10,000 bitcoins for two pizzas from Papa John’s, making history as the first person to use bitcoin as a medium of exchange. The pizzas were worth about $41 at the time, but today they would be worth over $300 million.

Bitcoin Pizza Day is a way to commemorate this milestone and to appreciate how far bitcoin has come since then. It is also a fun opportunity to enjoy some delicious pizza and to support businesses that accept bitcoin as payment. Many pizza restaurants offer discounts or special deals to customers who pay with bitcoin on this day. Some bitcoin enthusiasts also donate pizzas to charities or communities in need.

Bitcoin Pizza Day is more than just a celebration of pizza and bitcoin. It is also a celebration of the innovation and evolution of cryptocurrency and its impact on the world. Bitcoin Pizza Day reminds us of the potential and promise of decentralized digital money and how it can empower people and create new opportunities.

If you want to join the celebration emphasis on “IF”, here are some activities you can do on Bitcoin Pizza Day:

Order two pizzas and pay with Bitcoin. You can use services like PizzaForCoins or Lightning Pizza to find pizza places that accept Bitcoin as payment. You can also look for discounts offered by pizza restaurants on this day.

Share your pizza photos on social media with the hashtag #BitcoinPizzaDay. You can also tag Laszlo Hanyecz and thank him for his contribution to Bitcoin history.

Learn more about Bitcoin and how it works. You can watch documentaries, read books, listen to podcasts, or take online courses about Bitcoin and cryptocurrency. You can also check out CoinDesk or Bitcoin Magazine Learn section for more resources.

Donate some Bitcoin to a charity or a cause you care about. You can use platforms like GiveDirectly, BitGive, or The Giving Block to find organizations that accept Bitcoin donations. You can also support projects that are building on Bitcoin, such as Lightning Network or Taproot.

Have fun and enjoy the BITCOIN PIZZA! Remember that Bitcoin is not only about money, but also about freedom, innovation, and community. Celebrate the spirit of Bitcoin and its potential to change the world for the better.

HAPPY BITCOIN PIZZA DAY.

Dogecoin price performance in light of PEPE Rush, investors choose Yachtify (YCHT) for Early gains

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Yachtify (YCHT), the groundbreaking investment platform, is making a splash in the crypto world as it offers early investors a chance to capitalize on its unique opportunities. While the entire crypto community is seemingly engrossed with Dogecoin’s performance amidst the PEPE craze, discerning investors are quietly turning their attention toward Yachtify.

Offering a presale price of just $0.10 per token, with a substantial 30% bonus on purchases made during this presale phase, Yachtify stands as an attractive proposition for those seeking early gains. This pivot towards Yachtify is not just about returns, but also about the unique features and benefits that this platform brings to the table, not least of which is the exciting possibility of fractional yacht ownership.

Yachtify (YCHT): A Safe Harbor in the Crypto Sea Offering Early Gains

In the stormy seas of the cryptocurrency market, Yachtify (YCHT) emerges as a lighthouse guiding investors toward promising early gains. Yachtify isn’t just another token on the blockchain; it’s a revolutionary platform that’s reshaping the way people invest in luxury yachts.

The unique selling proposition of Yachtify lies in its fractional yacht ownership model. This innovative approach allows investors to own a piece of a luxury yacht without the full cost and responsibilities of sole ownership. By breaking down the barriers to entry, Yachtify democratizes the luxury yacht market, making it accessible to a broader range of investors.

But what truly sets Yachtify apart is its presale strategy. Investors are presented with an opportunity to buy YCHT tokens at an extremely attractive price of just $0.10 per token. This, combined with a generous 30% bonus on buys at the presale stage, makes Yachtify an ideal choice for those looking for early gains. Yachtify (YCHT) stands out as a stable investment option in a market where volatility is the norm.

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Dogecoin’s Rollercoaster Ride Amidst PEPE Surge: The Rise of Yachtify (YCHT)

Dogecoin (DOGE) recently saw a notable drop of nearly 8%, clawing back only around 2.13%, leaving it down by about 6% in the last 24 hours. Amid this volatility, the newcomer meme token PEPE has made headlines with multiple listings on major exchanges and value surges of over 50%. However, despite momentarily achieving a nearly $3 billion trading volume and surpassing both SHIB and DOGE, it has since plunged to 55% below its all-time high of $0.000004354.

In the midst of the volatile meme coin market, Yachtify (YCHT) stands out due to its stability and innovative model of fractional yacht ownership. Investors are gravitating towards the YCHT presale, where tokens are priced at just $0.10 each, with an additional 30% bonus for early purchases. As the meme coin market continues its unpredictable oscillations, Yachtify offers a stable investment opportunity, promising early gains and a revolution in luxury asset investment.

Join Presale: https://buy.yachtify.market

Website: https://yachtify.market

Telegram: https://t.me/yachtify

Twitter: https://twitter.com/yachtify_market

Polygon (MATIC) Investor Confidence Woes, Monero (XMR) stumbles as Yachtify (YCHT) shines on the Horizon

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As the cryptocurrency market continues to grapple with volatility, numerous coins are facing declines in May, including prominent projects Polygon (MATIC) and Monero (XMR).

These challenges, however, are paving the way for new and promising investment opportunities, particularly for investors looking to diversify their portfolios. Yachtify (YCHT), an innovative platform focused on fractional yacht ownership, has garnered momentum and caught the attention of savvy investors seeking refuge from market turbulence.

Yachtify (YCHT): A Beacon of Opportunity on the Investment Horizon

As the crypto market continues to evolve, Yachtify (YCHT) emerges as a bright spot on the investment horizon. This innovative token offers numerous benefits and features that capture investors’ attention worldwide. Yachtify is a game-changer in the luxury yachting industry by fractionalizing yacht ownership, enabling more people to participate in this exclusive market.

The Yachtify presale is an opportunity not to be missed, with tokens priced at just $0.10 each. This attractive entry point is further sweetened by a generous 30% bonus on purchases made during the presale stage, making it an enticing investment option for both experienced and novice investors alike.

Yachtify’s fractionalized yacht investment model democratizes access to the luxury yachting market, allowing individuals to invest in high-end yachts without the need for exorbitant capital. As Yachtify (YCHT) continues to gain momentum, its unique blend of benefits, features, and investment opportunities positions it as a shining star in the ever-expanding crypto universe.

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Polygon (MATIC): A Layer-2 Lifeline for Ethereum’s Challenges

As Ethereum grapples with high gas fees and slow transaction speeds, Polygon (MATIC) emerges as a powerful layer-2 solution addressing these pressing issues. Its ability to alleviate Ethereum’s pain points has allowed Polygon (MATIC) to gain significant traction in the crypto market and establish itself as a promising DeFi project. The platform has also attracted a plethora of decentralized applications (dApps), further solidifying its position in the industry.

Although Polygon (MATIC) has experienced price declines in recent months, it is crucial for investors to remember that volatility is inherent to the crypto market, and these fluctuations may not accurately represent the coin’s long-term prospects. With Polygon (MATIC) potential for substantial growth and its vital role in resolving Ethereum’s challenges, the current downturn could present a valuable opportunity for investors to acquire Polygon (MATIC) at a more attractive price.

Monero (XMR): The Stealth Contender Set to Shake Up the Crypto World

Monero (XMR) stands out as a privacy-focused cryptocurrency, utilizing advanced cryptography to enhance the anonymity of both senders and receivers. This unique offering creates intriguing investment opportunities, but the very features that set Monero (XMR) apart may also contribute to its price fluctuations.

Recently, Monero (XMR) value has taken a hit, which could be attributed to the broader market trends or increased regulatory pressure on privacy coins. As a result, some investors have become hesitant to hold Monero (XMR), raising questions about whether the coin’s decline will persist throughout May. Despite these concerns, Monero (XMR) potential to disrupt the industry as a trailblazing privacy coin should not be underestimated.

 

Join Presale: https://buy.yachtify.market

Website: https://yachtify.market

Telegram: https://t.me/yachtify

Twitter: https://twitter.com/yachtify_market

RenQ Finance (RENQ) plans to create history, launches 22nd May

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RenQ Finance (RENQ), a decentralized finance (DeFi) platform, is generating significant buzz in the cryptocurrency community as it prepares for its highly anticipated launch on May 22nd, 2023.

With its innovative features and ambitious goals, RenQ Finance aims to make a lasting impact in the crypto space and potentially achieve extraordinary growth, aiming for a 1000x increase in value upon launch.

In this article, we will explore what RenQ Finance is, its upcoming launch, the platforms it will be available on, and its potential to create history in the crypto industry.

What is RenQ Finance?

RenQ Finance is a community-driven DeFi platform designed to provide traders with a comprehensive solution for their DeFi needs. It aims to bridge the gap between isolated blockchains and establish a cross-chain asset exchange network, enabling users to engage in various DeFi activities such as trading, yield optimization, lending, and participating in DeFi and NFT projects.

RenQ Finance combines the benefits of centralized exchanges with the advantages of decentralized finance, offering users a user-friendly and secure platform to access the world of DeFi. With a focus on multi-chain functionality and community-driven governance, RenQ Finance strives to enhance liquidity, accessibility, and innovation within the DeFi ecosystem.

The Launch of RenQ Finance

RenQ Finance is set to launch on May 22nd, 2023 at 5 pm UTC, marking an important milestone in its journey. The launch will introduce RenQ Finance to the broader crypto community and present an opportunity for users to participate in its ecosystem and potentially benefit from its growth.

The team behind RenQ Finance has meticulously planned the launch to ensure a smooth and successful transition into the market. By conducting thorough testing and implementing robust security measures, RenQ Finance aims to provide a secure and reliable platform for its users.

Platforms for Launch

RenQ Finance is set to be launched on several prominent platforms, with Uniswap, a leading decentralized exchange (DEX) known for its wide adoption and liquidity being the major platform.

Uniswap allows users to trade cryptocurrencies directly from their wallets, providing a seamless and decentralized trading experience. RenQ Finance’s decision to launch on Uniswap reflects its commitment to the principles of decentralization, anonymity, and accessibility within the DeFi space.

In addition to Uniswap, RenQ Finance has confirmed listings on two centralized exchanges (CEX), namely BitMart and LBank. These listings on CEXs provide additional avenues for users to access and trade RenQ tokens, expanding its reach to a broader audience.

Creating History: Aiming for 1000x Growth

One of the most intriguing aspects of RenQ Finance’s launch is its ambitious goal of achieving a 1000x increase in value. While there are no guarantees in the volatile world of cryptocurrencies, RenQ Finance’s unique features, strong community support, and carefully planned launch strategy position it for substantial growth potential.

The combination of a well-designed platform, cross-chain interoperability, and community-driven governance creates a strong foundation for RenQ Finance to capture the attention of investors and traders. By addressing key challenges in DeFi and offering innovative solutions, RenQ Finance has the potential to stand out among its competitors and attract significant interest from the crypto community.

Summary

RenQ Finance’s upcoming launch on May 22nd is poised to be a significant event in the world of decentralized finance. With its comprehensive platform, cross-chain interoperability, and ambitious growth plans, RenQ Finance aims to leave a lasting impact on the crypto industry. By bridging the gap between centralized and decentralized finance, RenQ Finance offers users a unique opportunity to participate in the rapidly evolving world of DeFi.

While the crypto market is known for its volatility, RenQ Finance’s vision, strong community support, and strategic partnerships set the stage for an exciting journey ahead. As RenQ Finance aims to create history with its 1000x growth target, investors and traders eagerly await the launch to witness its potential impact on the crypto landscape. Keep an eye on RenQ Finance as it prepares to write a new chapter in the world of decentralized finance.

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Visit the links below for more information about RenQ Finance (RENQ):

Website: https://renq.io
Whitepaper: https://renq.io/whitepaper.pdf

Twitter: https://twitter.com/RenQ_Finance

Telegram: https://t.me/renqfinance