A crypto summary for 2021

  • The market capitalization of cryptocurrencies increased by 200% in value compared to the beginning of the year [CoinMarketCap]. In November, it almost reached $3 trillion, up to $1 trillion after just six months. Bitcoin reached a new ATH of $69,000 on November 10.
  • In January 2021, Tesla CEO Elon Musk began driving Bitcoin adoption, with the purchase of $1.5 billion in BTC. Subsequently, the company sold 10% of this stockpile. In March, Tesla enabled the purchase of its cars with the cryptocurrency, although it later suspended this payment method, claiming that Bitcoin mining affects the environment. The rest of the BTC has been held by the company. All the announcements around Tesla affected the price of the cryptocurrency positively and negatively.

Bitcoin cures cancer— Elon Musk (@elonmusk) November 20, 2021

  • The gas price for Ethereum transactions peaked on May 12, 2021. On that day, the average transaction was almost $70. The rise in popularity of Non-Fungible Tokens (NFTs) and the sustained boom in DeFi ecosystems were responsible for the fact that throughout the year transaction fees on this network remained so high. These fees closed the year below $20.
  • Also in May, the American Colonial Pipeline was attacked with ransomwareThis system provides about 45% of the east coast’s supply of diesel, gasoline, and jet fuel. Therefore, the ransomware lockdown caused a major crisis and President Joe Biden declared a state of emergency. To release the system, they had to pay $ 5 million in BTC as a ransom. Soon after, the United States declared war on ransomware.
  • 2021 was the year in which not just one, but three Bitcoin ETFs were listed on Wall Street for the first time. BITO and XBTF on NYSE, and BFT on NASDAQ. These are the Bitcoin ETFs that took 8 years to be approved by the SEC.

The Bitcoin ETF, BITO, has been out for a while now, and, so far, it’s looking like a safe option for people looking to deal in this digital currency. #Bitcoin #BTC https://t.co/6ZIa6bZ4UO— Meerkat Investor Insights (@MeerkatInvestor) December 28, 2021

  • This was also the year of NFTsOn Nov. 15, sales of NFTs reached their ATH at $46 billion. Axie Infinity tops the list of most played NFT games this 2021, with a volume of $563.6 million, a capitalization of $18.31 million, and over 770k players. Among the entities that entered the NFT market this year are McLaren, Dolce and Gabbana, Twitter, Coca-Cola, TikTok, EA, Sony Music, and Samsung.
  • The International Monetary Fund (IMF) reiterated its determination to regulate Bitcoin. Its representatives referred to the need to regulate bitcoin on several occasions throughout 2021. In April, they called it “a reality” that should be regulated by entities around the world. In its Global Financial Stability Report, they recognized cryptocurrencies as the second topic of global interest in financial matters. In December, its executives recalled the need for global regulation on cryptos.
  • 2021 was the worst year for Bitcoin in ChinaThis country held 65% of the total Bitcoin mining hash and was part of the world’s largest cryptocurrency market. However, this 2021, the Chinese government ended up banning all economic activities with Bitcoin and cryptocurrencies in the country.
China-top-crypto-users
  • El Salvador surprised the world with an announcement in the middle of the year: Bitcoin would become legal tender in this country. Only three months were enough for the measure to become a reality with the Bitcoin Law. Thus, anyone with the necessary infrastructure is under the obligation to receive payments with cryptocurrency. Other countries, like Cuba and Ukraine, also made Bitcoin officially legal.
  • Among the plans of Nayib Bukele, the president behind this initiative is the creation of a Bitcoin City. This city would be built with national bonds linked to Bitcoin. On the subject of cryptocurrency mining, the country’s government also decided to use the energy of its volcanoes and put to work around 300 machines that connect to the network via satellite.
  • The Central American country closed in 2021 with the purchase of 21 BTC, totaling 1,391 BTC units in its national treasury.
🇸🇻

Poly Network was the protagonist of the largest DeFi hack in history during 2021In August, a hacker stole more than $600 million in ETH, USDC, DAI, UNI, SHIB, FEI, MATIC, and various BSC tokens from them. Fortunately, the hacker returned 100% of the funds and stated that they did it just for fun.

Forex Trading Secret- How To Get Started With Forex

Placing a buy or sell order is easy as anyone can do it.

But the brutal truth is that 96% of all traders lose money.

But this is also the biggest problem… most people think it is easy to trade.

Most traders do not bother taking the right education before they jump into the market.

They are driven mostly by greed and then later by fear.

This becomes extremely stressful for them and eventually, it’s a matter of time, their entire portfolio gets wiped out.

Trading is a highly lucrative business but it’s also a business that requires plenty of skills and emotional control.

To have the emotional control, you must have the right education and the right tools for the job.

Is it even possible for a good doctor to effective perform a surgery without a good scalpel?

Any professional in any field needs the right skill and the right tool to perform their work effectively and efficiently.

In the financial world, it’s no different.

When we looked at the Financial Market, we know that a platform like KMC ACADEMY is badly needed in the market place.

Sure there are many Forex or Trading courses out there but the good ones course easily close to $1000.

So we decided to bring into the market… an entirely FREE course so that we can help out as many traders as possible.

Why would we want to do that?

It’s just our way of paying forward because we have gone through this path and wished someone would give us a helping hand when we were once struggling.

Here is everything you need to learn about getting started with Forex Trading

“Learn To Trade Like a Pro With Real Professional Traders & Mentors”

The solution is KMC ACADEMY.

Let me post some of my trading results from this wonderful academy.

Some of my trading results with KMC Academy

What is KMC ACADEMY?

KMC Academy is the premier online trading educational platform for Forex, Crypto, Indices and Binary Trading.
With their training videos, live sessions and trade ideas, you can become a full time trader sooner than you think!

Join KMC Academy and learn to trade like a pro, with the pros.

KMC ACADEMY IS FOR YOU;

If you are someone who’s battled through the early stages of becoming a trader at home, on your own and without real support.

If you are looking for the best way to learn forex trading from scratch or you are one of the few people that know you have what it takes to get to a professional level, but need the last missing link.

If you are wary of all the scams you’ve heard or you have already bought every scheme and scam known to man?

You no longer need to do it alone

KMC ACADEMY would take you by the hand and show you step-by-step how to trade like a professional. This is what makes this company different.

Everything You Need To Know Before Signing Up With KMC Academy

Finding work life balance is perhaps one of the highest aspirational goals today. However, this is not an easy task. Learning the skills that will allow us to create a balanced lifestyle can be really complicated if we don’t know where to begin.

KMC Academy is an online school that teaches people from all around the world how to use strategies to operate the Forex and digital currency markets. Courses start with the very basics so that even those without previous knowledge can follow the explanations all the way to becoming knowledgeable in the subject.

In addition, at KMC Academy students can also learn everything they need to know to create an online business from scratch. They will also be able to learn key strategies that will help them manage an e-commerce business, no prior experience required.

What is taught at KMC Academy?

KMC Academy includes four main modules called academies. Each one of these academies will help students build a solid knowledge around each of the pillars that will empower them to become knowledgeable in both trading and online businesses. In practice, these modules are courses that are independent from each other.

This means that students will be able to take them according to their own interests and at their own pace.

The methodology used in the academy enables students to learn at their own speed in an easy way that includes:

Go live sessions: There are unlimited interactive online sessions held by expert teachers that will help to solve any additional questions that students may have.

Recorded video lessons that can be watched as many times as needed so that students learn the basics.

Online quizzes: At the end of each topic there is an optional quiz to review the module’s main takeaways and ensure that they are understood before moving to the next lesson.

How the educational content is structured

It is possible for someone to decide what module (or modules) they want to focus on at any point. This means that students will keep learning things in their own ways. For this purpose, KMC Academy enables people to subscribe to each one of the Four Modules (FX, DFX, or CRP) separately.

FX ACADEMY 

This academy will teach you how to take full advantage of foreign exchange, a $5.3 trillion dollar per day industry. You will learn how to understand currency movements, the different types of chart analysis, how foreign markets operate, & the best strategies to enter into trades in the forex market.

CRP MODULE

Equip yourself with the education to take advantage of the digital currency markets – one of the largest financial markets growing towards $1 trillion USD. What’s unique? this market operates 24/7, quickly shaping the way stores and merchants that now accept digital currencies to conduct business. Learn how this market operates, the different types of digital currencies, and how to gain a solid working knowledge of using digital currencies safely everyday.

ELITE MODULE

You want it all?

Welcome to the best way to save if you don’t know which academy to start learning. This exclusive cost savings option simply gives you access to the FX, DFX & CRP academy at the lowest possible rate. Try it today and find out why its one of the most popular academies to join.

HOW MUCH DOES IT COST TO GET STARTED WITH KMC ACADEMY?

Each Module has an initial cost of $50 with a monthly fee of $25

Those who are most ambitious will be able to benefit directly from the Elite Academy. This program gives full access to all trading academies (FX, and CRP) for an initial fee of $100 and a monthly fee of just $25. This is the ideal option for those students who are committed to learning everything there is to know about trading currency markets.

Why choose KMC Academy

There are a lot of online courses that teach trading and ecommerce but not many of them are truly focused on educating, empowering, and enriching their students to the point where they become truly successful. KMC Academy gives hermstudents all the necessary tools to ensure they reach their maximum potential.

Thanks to KMC Academy’s methodology, students have live access to more than 100 expert educators, asking questions and reviewing key concepts with them. Along this line, KMC Academy offers a whole array of strategies so students can best decide which ones fit their skills and interests.

To get started is not cheap…but it can pay for itself many times over with the value you receive.

REGISTER NOW

With KMC Academy, you have the opportunity to master a skill that can give you a 6 figure income, ultra-low overhead business, work from home, live anywhere in the world, no staff, no boss.

Continuation and Reversal Candlestick Charts

Four continuation candlestick patterns

If a candlestick pattern doesn’t indicate a change in market direction, it is what is known as a continuation pattern. These can help traders to identify a period of rest in the market, when there is market indecision or neutral price movement.

Doji

When a market’s open and close are almost at the same price point, the candlestick resembles a cross or plus sign – traders should look out for a short to non-existent body, with wicks of varying length.

This doji’s pattern conveys a struggle between buyers and sellers that results in no net gain for either side. Alone a doji is neutral signal, but it can be found in reversal patterns such as the bullish morning star and bearish evening star.

Doji

Spinning top

The spinning top candlestick pattern has a short body centred between wicks of equal length. The pattern indicates indecision in the market, resulting in no meaningful change in price: the bulls sent the price higher, while the bears pushed it low again. Spinning tops are often interpreted as a period of consolidation, or rest, following a significant uptrend or downtrend.

On its own the spinning top is a relatively benign signal, but they can be interpreted as a sign of things to come as it signifies that the current market pressure is losing control.

Spinning top

Falling three methods

Three-method formation patterns are used to predict the continuation of a current trend, be it bearish or bullish.

The bearish pattern is called the ‘falling three methods’. It is formed of a long red body, followed by three small green bodies, and another red body – the green candles are all contained within the range of the bearish bodies. It shows traders that the bulls do not have enough strength to reverse the trend.

Falling three methods

Rising three methods

The opposite is true for the bullish pattern, called the ‘rising three methods’ candlestick pattern. It comprises of three short reds sandwiched within the range of two long greens. The pattern shows traders that, despite some selling pressure, buyers are retaining control of the market.

Important Candlestick Chart Patterns

Six bullish candlestick patterns

Bullish patterns may form after a market downtrend, and signal a reversal of price movement. They are an indicator for traders to consider opening a long position to profit from any upward trajectory.

Hammer

The hammer candlestick pattern is formed of a short body with a long lower wick, and is found at the bottom of a downward trend.

A hammer shows that although there were selling pressures during the day, ultimately a strong buying pressure drove the price back up. The colour of the body can vary, but green hammers indicate a stronger bull market than red hammers.

Hammer

Inverse hammer

A similarly bullish pattern is the inverted hammer. The only difference being that the upper wick is long, while the lower wick is short.

It indicates a buying pressure, followed by a selling pressure that was not strong enough to drive the market price down. The inverse hammer suggests that buyers will soon have control of the market.

Inverse hammer

Bullish engulfing

The bullish engulfing pattern is formed of two candlesticks. The first candle is a short red body that is completely engulfed by a larger green candle.

Though the second day opens lower than the first, the bullish market pushes the price up, culminating in an obvious win for buyers.

Bullish engulfing

Piercing line

The piercing line is also a two-stick pattern, made up of a long red candle, followed by a long green candle.

There is usually a significant gap down between the first candlestick’s closing price, and the green candlestick’s opening. It indicates a strong buying pressure, as the price is pushed up to or above the mid-price of the previous day.

Piercing line

Morning star

The morning star candlestick pattern is considered a sign of hope in a bleak market downtrend. It is a three-stick pattern: one short-bodied candle between a long red and a long green. Traditionally, the ‘star’ will have no overlap with the longer bodies, as the market gaps both on open and close.

It signals that the selling pressure of the first day is subsiding, and a bull market is on the horizon.

Morning star

Three white soldiers

The three white soldiers pattern occurs over three days. It consists of consecutive long green (or white) candles with small wicks, which open and close progressively higher than the previous day.

It is a very strong bullish signal that occurs after a downtrend, and shows a steady advance of buying pressure.

Three white soldiers

Six bearish candlestick patterns

Bearish candlestick patterns usually form after an uptrend, and signal a point of resistance. Heavy pessimism about the market price often causes traders to close their long positions, and open a short position to take advantage of the falling price.

Hanging man

The hanging man is the bearish equivalent of a hammer; it has the same shape but forms at the end of an uptrend.

It indicates that there was a significant sell-off during the day, but that buyers were able to push the price up again. The large sell-off is often seen as an indication that the bulls are losing control of the market.

Hanging man

Shooting star

The shooting star is the same shape as the inverted hammer, but is formed in an uptrend: it has a small lower body, and a long upper wick.

Usually, the market will gap slightly higher on opening and rally to an intra-day high before closing at a price just above the open – like a star falling to the ground.

Shooting star

Bearish engulfing

A bearish engulfing pattern occurs at the end of an uptrend. The first candle has a small green body that is engulfed by a subsequent long red candle.

It signifies a peak or slowdown of price movement, and is a sign of an impending market downturn. The lower the second candle goes, the more significant the trend is likely to be.

Bearish engulfing

Evening star

The evening star is a three-candlestick pattern that is the equivalent of the bullish morning star. It is formed of a short candle sandwiched between a long green candle and a large red candlestick.

It indicates the reversal of an uptrend, and is particularly strong when the third candlestick erases the gains of the first candle.

Evening star

Three black crows

The three black crows candlestick pattern comprises of three consecutive long red candles with short or non-existent wicks. Each session opens at a similar price to the previous day, but selling pressures push the price lower and lower with each close.

Traders interpret this pattern as the start of a bearish downtrend, as the sellers have overtaken the buyers during three successive trading days.

Three black crows

Dark cloud cover

The dark cloud cover candlestick pattern indicates a bearish reversal – a black cloud over the previous day’s optimism. It comprises two candlesticks: a red candlestick which opens above the previous green body, and closes below its midpoint.

It signals that the bears have taken over the session, pushing the price sharply lower. If the wicks of the candles are short it suggests that the downtrend was extremely decisive.

Dark cloud cover

Kindly help share this post if you find it useful, and don’t forget to subscribe to get important updates from us.

How to read candlestick charts

i

Wondering what cryptocurrencies to buy, and when? When you research crypto assets, you may run into a special type of price graph called a candlestick chart. So it’s good to take a little time to learn how these work. 

Similar to more familiar line and bar graphs, candlesticks show time across the horizontal axis, and price data on the vertical axis. But unlike simpler graphs, candlesticks have more information. In one glance, you can see the highest and lowest price that an asset hit during a given timeframe — as well as its opening and closing prices. 

What are candlestick charts?

Here’s an example of an actual Bitcoin-USD candlestick chart.

Coinbase Pro: Candlestick chart

Candlesticks give you an instant snapshot of whether a market’s price movement was positive or negative, and to what degree. The timeframe represented in a candlestick can vary widely. Coinbase Pro, for instance, defaults to six hours — with each candle representing a five-minute slice — but users can set it to be longer or shorter. (Also worth noting: unlike stock markets, crypto markets are open 24 hours a day. So the “open” and “close” prices are the prices at the beginning and end of the selected timeframe.) 

Showing red and green candlesticks and where the open and close prices are.
  • Green candles show prices going up, so the open is at the bottomof the body and the close is at the top. Red candles show prices declining, so the open is at the top of the body and close is at the bottom.
  • Each candle consists of the body and the wicks. The body of the candle tells you what the open and close prices were during the candle’s time frame. 
  • The lines stretching from the top and bottom of the body are the wicks. These represent the highest and lowestprices the asset hit during the trading frame.

What do candlesticks tell us?

Candlesticks can reveal much more than just price movement over time. Experienced traders look for patterns in order to gauge market sentiment and to make predictions about where the market might be headed next. Here are some of the kinds of things they’re looking for: 

  • A long wick on the bottom of a candle, for instance, might mean that traders are buying into an asset as prices fall, which may be a good indicator that the asset is on its way up.
  • A long wick at the top of a candle, however, could suggest that traders are looking to take profits — signaling a large potential sell-off in the near future.
  • If the body occupies almost all of the candle, with very short wicks (or no visible wicks) on either side, that might indicate a strongly bullish sentiment (on a green candle) or strongly bearish sentiment (on a red candle).  

Understanding what candlesticks might mean in the context of a particular asset or within certain market conditions is one element of a trading strategy called technical analysis — by which investors attempt to use past price movements to identify trends and potential future opportunities. 

How to read “one-candle signals”

Traders operating in really short time frames sometimes focus on just one candle. Familiarizing yourself with these “one-candle signals” can be a helpful exercise as a beginner. In the image below, you’ll find four common one-candle signals: 

Various candlestick types
  1. 1. A long upper shadow could be an indicator of a bearish trend, meaning that  investors are looking to sell and take profit. The longer the upper shadow, the stronger an indicator.
  2. 2. A long lower shadow could be a bullish signal, indicating that investors are looking to buy, thus driving prices up. The longer the lower shadow, the more reliable the signal. 
  3. 3. A Doji candle has no body, because the open and close prices are the same. These can typically be interpreted to mean there is indecision in the market, and are a possible indicator for an upcoming price reversal. (Why “doji”? Candlestick charts were first used by Japanese rice traders in the 18th century. “Doji” means error — presumably because it would be uncommon for prices to open and close in the exact same place. ) 
  4. 4. Umbrellas have a distinctively long bottom wick. A red umbrella is also known as a hammer. When you see a hammer it often means that the asset is receiving some serious buy action — and the price might soon be on its way up. Green umbrellas, on the other hand, have an ominous nickname: hanging men. They’re often a signal that sellers are ready to cash out — reversing the up cycle.

It’s important to note that one-candle signals can be an important clue, but an accurate reading of the market requires understanding the broader context. And spotting trends and patterns in candlestick charts isn’t easy. If you’re not sure what investment strategy is right for you, check with a professional advisor.

Enquiry, WhatsApp the Admin below:

https://wa.me/2348034662007

3 Things I Wish I Knew When I Started Trading

IMG-20190609-WA0003

This could be crucial information that YOU SHOULD KNOW…

Today I am going to SHARE with you the TOP 3 things that I wish I had known early on in my trading career…..

So that YOU my friend…..

DO NOT MAKE the SAME mistakes that I did….

Are you Ready?….Ok Good….Then let’s dive in….

The FIRST thing I wish I knew when I started trading FOREX:

…is to SET REALISTIC Expectations..

You know a lot of new traders jump aboard the Forex Wagon, and begin to have Visions of Grandeur…They can just smell the Money….

I was no different when I started off.,….

Look…there is MONEY to be made in the FOREX MARKET….VERY GOOD MONEY….but you just have to BE realistic about things….Don’t expect to take $ 1000 and turn that into 500,000 by the end of the year….BE REAL…

The SECOND thing I wish I knew when I started trading FOREX:

‘’is to USE LEVERAGE very responsibly…

Listen up….If you are picking your broker mainly by the amount of leverage they are offering you…..then you are just ASKING to eventually get blown out…..

200:1 Leverage….100:1 Leverage, even 50:1 Leverage…

Are you NUTS?…..Just save yourself the time and aggravation and instead….Just give away that MONEY to a good charity.

At least that way you will get back some GOOD KARMA in return….

I would highly suggest that you use no more than 10:1 leverage in your trading…I like to limit myself to about 5:1, and I can still make VERY HEALTHY returns with that…

The THIRD thing I wish I knew when I started trading FOREX:

….is the value of the “Right FOREX Education”….

I cannot OVEREMPHASIZE the word “Right”. There is a lot of information out there…. Unfortunately, there is a lot of just pure JUNK also…..

I myself have EASILY read over a 125 or so Trading Books….and taken various courses on trading….I even studied under the GREAT “George Lane” for a full week or so back in the late 90’s…. ( If you don’t know, George Lane is the inventor of the famous Stochastics indicator that many traders use today…

But my point is that the Right Forex Trading Education or Mentor can put you LIGHT YEARS ahead compared to finding and learning what’s out there on your own…

Your Comment will be highly appreciated

NAFDAC GUIDELINES FOR WATER PACKAGING

NATIONAL AGENCY FOR FOOD AND DRUG ADMINISTRATION AND CONTROL GUIDELINES FOR ESTABLISHMENT OF PACKAGED WATER PLANT IN NIGERIA

GENERAL
These guidelines are for the general public, corporate organizations and individuals that wish to engage in production of packaged potable water for public consumption.
These guidelines prescribe the minimum GMP requirements for personnel, materials, machine and environment for production of potable water.
It is important to note that no packaged water should be manufactured, advertised, sold or distributed in Nigeria unless it has been registered in accordance with the provisions of Act Cap F33 LFN 2004 and the accompanying guidelines.

ORGANIZATION AND PERSONNEL
There should be an adequate organizational structure that clearly defines
a) Responsibility
b) Authority
c) Qualification of Personnel

There should be adequate personnel to perform and supervise the production and packaging of potable water. Production of potable water must be under the supervision of a production manager who must possess a minimum of ordinary National Diploma in a science based course obtained from a recognised tertiary institution.
In house and In process Quality Control of functions can be carried out by the production manager while comprehensive/detailed product analysis should be performed by public analyst registered by the Institute of Public Analyst of Nigeria (IPAN)
Personnel should be adequately clad in overall, hand gloves, nose/mouth masks, headgears and rubber shoes.

BUILDING(S)
The entire factory premises should be fenced to demarcate it from all other buildings (residential or commercial).
The factory must not be sited (located) near a cemetery, abattoir, quarry, sewage treatment plant, sawmill, oil depot (Petroleum and Vegetable) or anysuch establishment that could be a source of contamination for processing, production and packaging of potable water. The building should be designed to allow for free flow of personnel and materials to prevent cross contamination. The building for the production of potable water should be purpose built or suitably adapted to comprise a minimum of five rooms designated as the cloak room, packaging material store, production room and finished product store and Office
CLOAK ROOM:
a. Floor should be made of easily cleaned and disinfected non shedding durable material and should have smooth surface.
b. Walls should be made of easily cleaned and disinfected non shedding durable material and should have smooth surface.
c. Windows should and be screened with insect-proof nets and be constructed in such a way as not to trap dust.
d. Wall hangers/cupboard should be provided.
e. Shoe rack/lockers should be provided.
f. Ventilation and Illumination should be adequate.
g. A netted door at the entrance should be provided.

PACKAGING MATERIALS STORE:
a. Floor should be made of easily cleaned and disinfected non shedding durable material and should have smooth surface.
b. Walls should be made of easily cleaned and disinfected non shedding durable material and should have smooth surface.
c. Windows if present should be screened with insect-proof nets and be constructed in such a way as not to trap dust.
d. Pallets/shelves (not wooden) should be provided.
e. Ventilation and Illumination should be adequate.
f. An Ultraviolet sterilizing lamp should be provided and bulb changed when spent.
PRODUCTION ROOM:
a. Floor should be covered with easy to clean durable materials.
b. Drainage system should be adequate to prevent flooding.
c. Walls should be made of easily cleaned and disinfected non shedding durable material and should have smooth surface.
d. Windows should be screened with insect-proof nets and be constructed in such a way as not to trap dust.
e. An air conditioner should be provided.
FINISHED PRODUCT STORE:
a. Floor should be made of easily cleaned and disinfected non shedding durable material and should have smooth surface.
b. Walls should be made of easily cleaned and disinfected non shedding durable material and should have smooth surface.
c. Windows should be screened with insect-proof nets and be constructed in such a way as not to trap dust.
d. Pallets/shelves (not wooden) should be provided.
e. A netted door should be provided at the exit.

FACILITIES AND EQUIPMENT:

SOURCE OF WATER
The source of water could either be from a borehole of minimum depths of 100ft or 150ft depending on topography of the location. Water could also be found through public mains provided by the local water cooperation. Use of dug out well is not allowed. Water source should be at least 30-50m away from the nearest septic tank which may or may not be situated within the premises.
TANKS AND RESERVOIR
All tanks should be made of PVC or stainless steel. Underground reservoir (where available) should be made of concrete and fully tiled.
PIPES
All pipes should be made of stainless steel or PVC. Use of galvanised iron pipes is not allowed.
TAPS
Taps should be made of stainless steel or PVC mounted on a stainless steel sink.
FORM FILLING AND SEALING MACHINE

The form filling and sealing machine (where available) should be designed to minimise man-material contact, safe to use, easy to clean and environmentally friendly. The equipment may be a fully or semi automated device.
WATER TREATMENT PROCESS

RAW WATER TANK (should be PVC or stainless steel,chlorination to be done here)
BOREHOLE
(100-150ft)minimum
INDUSTRIAL MODULES (should consist of graded sand bed filter and activated carbon)
UV STERILISER
Micro FILTERS
TREATED WATER TANK (Should be PVC or stainless Steel)
PRODUCTION LINE
WASHING AND TOILET FACILITIES Adequate, clean washing and toilet facilities should be provided for personnel Washing facilities should be equipped with soap or detergent, air driers or single-service towels. This should be walled and floored with easily cleaned and disinfected non shedding durable material and should have smooth surface.
Toilets should be away from the production or storage areas and should be easily accessible to production area.
Sewage, refuse and other wastes within the premises should be disposed of in a safe and sanitary manner.
SANITATION

Any building used in the manufacture, processing and packaging of potable water should be maintained in a hygienic condition. Standard operating procedures assigning responsibility for cleaning must be in place. The SOP should describe in sufficient details, the cleaning schedules as well as equipment and materials to be used in cleaning the buildings and facilities. The building should be regularly fumigated with approved fumigants in accordance with the food and drug act and the pesticides registration regulation of NAFDAC.
STANDARD OPERATING PROCEEDURES (SOPs)

Standard Operating Procedures should be written for all operations namely SOP for Production SOP for Quality Control SOP for cleaning of factory Premises and Equipments. SOP Recall and Distribution. SOP for cloaking and use of toilets etc.

APPLICATION  FOR INSPECTION Application for inspection of packaged water factory should be directed to:
The Director General
National Agency for Food and Drug Administration and Control
Plot 2032, Olusegun Obasanjo Way, Wuse Zone7, Abuja.
All application should be accompanied with:
(i) Evidence of payment
(ii) Company s Certificate of Incorporation and
(iii)Product s Trademark Registration Certificate.

STATUTORY FEES FOR INSPECTION
All payments to the Agency should be in bank draft in favour of National Agency for Food and Drugs Administration and Control All payments attract a 5% VAT charge.

Laboratory analysis for the purpose of renewal shall be 50% of the original tariff. For comprehensive details and more information.

Talk with Consultant

Why Network Marketing?

1. What is network marketing?
Network marketing is a business model that helps people to achieve their financial goal. It helps to bring the entrepreneurial spirit in you. According to Ralph Emerson, it is the age of self reliance.

2. What is residual income?
This is the kind of income you earn by leveraging on other people’s efforts. John Paul Getty aptly captioned it: “It is better to earn 1% each from 100 people’s effort than to earn 100% from your effort alone”.
 

3. What is Premium Success Pace Ltd?
Premium Success Pace (PSP) Ltd is a network marketing system rendering financial services to its members. Its system is opened to those who are 18 years and above.

4. How does PSP defer from other network marketing systems?
PSP is in the service category of the network marketing industry. It offers broad educational and health support services. To those with a mission to contribute positively towards the advancement of knowledge and health in any way, this system is for you.

5. Is this not a pyramid scheme?
Every traditional organization is pyramidal. That is why you have one man at the top who earns more than every other person in the organization. The base is large with everyone striving to get to the top. From the President of the country to Managing Directors of organizations pyramids exist.

But in a typical network marketing system there is pyramid too; but inverted. Everyone starts from the base with equal opportunity to earn and grow simultaneously. The top is large and is for everyone and anyone who can get there; not restricted to any particular person or group. This is the kind of system that PSP represents.

6. How is this system different from a Ponzi scheme?
A Ponzi is a scheme where no values are derived from the system. In PSP, there are financial and material values and other wonderful incentives flowing continuously in the system to the delight of members and are attractive to prospective members. Besides, the rewarding system is based on multiples of levels. It is neither a one-off event nor is it an investment scheme.

7. What is the assurance that this system will last?
We make bold to say that this system is formed and wholly owned by Nigerians. Members of the management team have varying degrees of experiences in the network marketing industry which play crucial roles in the modus operandi of this system. Impeccability and trust are our watchwords. We exist primarily to contribute significantly towards the advancement of education and health sectors. An enlightened healthy citizen is a freed and sound society. Besides the seamless nature, it is not a get-rich-quick system.

8. Can I have more than one account?
Yes, you can! The system does not limit the number of accounts a member can or should operate.

9. When and how often do I get paid?
You get paid every day and every time there is activity in your team. There are different types of bonuses:
– Sponsoring Bonus
– Pairing Bonus
– Stage Completion Bonus
– Matching Bonus
– Material Incentives
– Other Financial Benefits
Note that financial bonuses can be withdrawn every day, while the material incentives are not later than a week upon completion of the level for that specific incentive. Every withdrawal is subjected to 7.5% for bank and administrative charges.

10. Are the material incentives convertible to cash?
Yes! The choice is yours to take the car and other material incentives or convert them to cash.

11. How long is PSP in existence?
PSP was launched in Nigeria on 18th November, 2017.

How do I benefit from this life changing opportunity?
It is very simple, It is just one time processing fee of $40 or NGN10,000. Click below to register.

REGISTER