Former presidential candidate Peter Obi has voiced strong opposition to the National Agency for Food and Drug Administration and Control (NAFDAC) demanding ₦700,000 from shop owners at Onitsha Head Bridge Market to reopen their stores following a closure period.

Obi, who initially supported the market's closure to combat fake drugs and counterfeit goods, expressed disappointment that traders are now facing hefty financial burdens for structural deficiencies beyond their control, with additional charges for individual violations.

"It is deeply unfortunate to learn that shop owners are now being asked to pay ₦700,000 to reopen their stores for structural deficiencies that are not of their own making," Obi stated. He emphasized that enforcement actions should distinguish between genuine offenders and compliant business owners rather than imposing collective punishment.

Economic Impact on Small Businesses

Highlighting the dire economic situation, Obi noted that over 7 million Micro, Small, and Medium Enterprises (MSMEs) have collapsed in Nigeria over the past two years. "Our MSMEs are at a 'we can't breathe' stage, and the very system that should be offering them oxygen to support their survival is instead suffocating them," he remarked.

The former Anambra State governor called for a more compassionate approach, suggesting that even if the charges are statutory, they should be tempered with understanding given the current economic challenges. He advocated for engagement with stakeholders and reasonable timelines for compliance rather than measures that could further cripple businesses.

Call for Balanced Regulation

While reaffirming his support for efforts to eliminate fake drugs and counterfeit goods, Obi stressed that regulatory actions should not create additional economic victims or push more citizens toward criminality out of desperation.

"These shop owners have already faced prolonged closures, mounting unpaid bills, and severe economic strain. To now impose additional financial burdens on them for structural issues beyond their control is not only unjust but also counterproductive," he stated.

Obi concluded with a call to action: "It is time to act with compassion and common sense; drop the charges, reopen the market, and allow these entrepreneurs the opportunity to rebuild their livelihoods and contribute to the nation's economy."