Why Ban on Alcohol in Sachets Is Economic Sabotage- NECA Laments

February 11, 2024
images ()

The Nigeria Employers’ Consultative Association (NECA) has condemned the recent prohibition imposed by the National Agency for Food and Drug Administration and Control (NAFDAC) on packaging alcoholic beverages in sachets and small-sized bottles.

NECA, the apex body representing employers in Nigeria, characterized the ban as an act of economic sabotage, lamenting its potential detrimental effects on the nation’s economy.

Join our WhatsApp Channel

NECA’s Director-General, Adewale-Smatt Oyerinde, voiced concerns over the ban, stating, “The ban on the production and sale of these products is not only ill-advised but also ill-timed given the current economic situation.”

READ ALSO: NAFDAC’S Sachet Alcohol Ban Threatens 500,000 Jobs – FBTSSA, NUFBTE Lament

Oyerinde emphasized the adverse impact on job creation, enterprise sustainability, and investment loss, particularly in light of prevailing economic challenges and high unemployment rates.

Highlighting the vulnerability of Nigeria’s borders and the risk of promoting smuggling, Oyerinde cautioned against the unintended consequences of the ban.

He warned, “Unscrupulous elements will leverage on this ban to flood the market with dangerous adulterated products.”

While acknowledging the importance of curbing alcohol abuse, Oyerinde underscored the significance of ensuring business viability and poverty reduction. He urged NAFDAC to reconsider the ban, advocating for a collaborative approach involving stakeholders such as the Distillers Association and transportation unions.

NECA’s stance reflects broader concerns within the business community regarding the ban’s implications for employment and economic stability.

As the debate unfolds, calls for dialogue and reconsideration resonate, emphasizing the need for balanced regulatory measures that address public health concerns without undermining economic growth.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Nearly Half Of U.S Citizens Seek Verdict On Trump's Election Subversion Charge As November Polls Approach 
Previous Story

Trump To Encourage Russian Aggression Towards NATO Debtors

eyJpdSIImNiNjYMGMODkxZmYyZjQzZWJiNTQNWINjViYjUMjIzMGRiYjAwMzYyZDAMTFhZGYMDMMWNjZjMNTQiLCJIjoMDAsImgiOjINiwiZCIMSLCJjcyIMCwiZiINH
Next Story

Tinubu, Elumelu, Otedola Mourn Wigwe, Others’ Death

Featured Stories

Latest from Business

Zenith Bank, Skyway Aviation Drag Down NGX Market Cap By N577.40bn

The market capitalisation of the Nigerian Exchange (NGX), also known as the stock market, decreased to N121.55 trillion on Tuesday, February 17, from the N122.12 trillion recorded on Monday, February 16. This represents a decline of N577.40 billion in the market capitalisation,

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

The Anambra State Government has sealed dozens of shops at two major markets in Idemili North council area after traders failed to open for business on Monday, despite a directive to resume trading. The affected markets are the Building Materials Market in
Nearly Half Of U.S Citizens Seek Verdict On Trump's Election Subversion Charge As November Polls Approach 
Previous Story

Trump To Encourage Russian Aggression Towards NATO Debtors

eyJpdSIImNiNjYMGMODkxZmYyZjQzZWJiNTQNWINjViYjUMjIzMGRiYjAwMzYyZDAMTFhZGYMDMMWNjZjMNTQiLCJIjoMDAsImgiOjINiwiZCIMSLCJjcyIMCwiZiINH
Next Story

Tinubu, Elumelu, Otedola Mourn Wigwe, Others’ Death

Don't Miss

SBM Intelligence’s Jollof Index Rises By 153% In Two Years

The cost of cooking a pot of Jollof Rice has
Ukraine Conflict: UN Welcomes Russia’s 60-day Extension Of Black Sea Deal

Ukraine Conflict: UN Welcomes Russia’s 60-day Extension Of Black Sea Deal

The United Nations Secretary General Antonio Guterres, has lauded the