Sponsored
Business

NECA Commends FG Suspension of Sachet Alcohol Ban, Seek Deepened Consultation To Protect Jobs, Investments

Sponsored
Sponsored

The Director-General of the Nigeria Employers’ Consultative Association (NECA), Mr. Adewale-Smatt Oyerinde, has commended the Federal Government for directing the immediate suspension of all enforcement actions relating to the proposed ban on sachet alcohol and 200ml PET bottle products, pending the conclusion of consultations and the issuance of a final policy directive.

Reacting to the directive issued by the Office of the Secretary to the Government of the Federation (OSGF), following concerns raised by the House of Representatives Committee on Food and Drugs Administration and Control, Mr. Oyerinde noted that the decision respects existing National Assembly resolutions and restores regulatory clarity.

He also welcomed the OSGF’s clarification that any enforcement action taken by NAFDAC or any other agency without its clearance is invalid and should be disregarded by the public.

Speaking on the implications of the proposed ban, the NECA Director-General stated that the sachet and PET segment of the alcoholic beverage industry accounts for a significant portion of the estimated N800 billion invested in the sector and supports thousands of direct and indirect jobs in manufacturing, packaging, logistics, wholesale and retail.

He stressed that, in an economy already struggling with high unemployment and rising business costs, abrupt policy measures that threaten existing jobs and legitimate investments would be counterproductive.

Concluding his remarks, Oyerinde said: “We fully acknowledge the need to address public health concerns, especially regarding children and young people, but the solutions must be evidence-based and carefully designed so as not to drive activities into the informal and unregulated economy or encourage illicit products. We are looking forward to a deepened consultation to enable the protection of jobs, livelihoods and legitimate investments, etc., while also ensuring that public health objectives are effectively and sustainably achieved.”

Sponsored
Funsho Arogundade

Recent Posts

Prince Jide Kosoko Celebrates First Lady Remi Tinubu At 66, Lauds her Support for Women, Widows, Creative Economy

Veteran Nollywood actor, film producer, and respected cultural ambassador, Prince Jide Kosoko, has extended his…

4 hours ago

Zamfara, XEJET Sign Agreement To Commence Abuja-Gusau Flight

The Zamfara State Government has signed an Air Route Development Partnership Agreement with XEJet Limited…

5 hours ago

Analysts Warn of Economic Fallout From Network Downtime

Nigeria’s growing dependence on digital connectivity means prolonged telecommunications disruptions could affect businesses, jobs and…

5 hours ago

Witness Reveals How Bauchi Accountant-General Transferred State Funds To Private Company

BY MICHAEL AKINOLA  Trial of the Accountant-General of Bauchi State, Sirajo Muhammed Jaja continued on…

6 hours ago

Obasa Celebrates First Lady Oluremi Tinubu At 66, Hails Her ‘Masterclass In Public Service’

Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, has described…

8 hours ago

Benin-Asaba Expressway Concession Company Appoints Emmanuel Onwodi Chief Operating Officer

The Benin-Asaba Expressway Concession Company Limited (BAECC) has announced the appointment of renowned Public-Private Partnership…

9 hours ago
Sponsored