The management of Masters Energy Group has denied importing fake or expired rice and circulate same in the Nigerian market, blames agents of fake news for the rumour which it says is unfounded.

The company which has delved into the sales of fast-moving consumer goods, including rice and wine in a release made available to ABN TV on Tuesday said it has requested for the retraction of the false publication with apology.

Narrating what it called true picture of the video circulating about Masters Energy and fake rice, the company stated at thus;

For the records, our company ordered some quantity of rice in 2016 with the value of the consignment duly paid. The consignment was inspected and passed by a reputable international inspection agent prior to shipment to Nigeria. However, by the time the consignment arrived Tin Can Island Port Lagos, the restriction by the federal government of Nigeria on the importation of certain goods (among which is rice), famously referred to as Ban on 41 items, had taken effect; so we were unable to clear the containers from the Customs.

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“We made various appeals and representations to the Central Bank of Nigeria and Nigerian Customs to grant us a window to clear the consignment; but our efforts were of no avail. The consignment was eventually seized by the Customs in August 2016.

“In 2019 – more than three years after the consignment has been seized – during a working visit to the Tincan port, the then Customs C.G. discovered the abandoned shipment within the premises, which had since deteriorated due to long exposure to heat in the container and other environmental elements. This was first thought to be a fresh import, but further investigation revealed that the containers have long been at the port and the goods degraded due to over-stay at the port. Our company was absolved of culpability.

“However, even before investigation, merchants of fake news and misinformation have gone out to mis-represent the facts. We release a statement to clarify the position through our legal counsel, Barr. M.O. Ubani, SAN!”

It reiterated its commitment to upholding the highest quality and ethical standards and fully adheres to all import regulations, saying at no point did it import, intend to import, or distribute expired rice to the Nigerian market.

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