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Distillers to lose N1.2 trillion investments, 5.5 million jobs over NAFDAC ban on alcoholic beverages

alcoholic beverages, NAFDAC

The Distillers and Blenders Association of Nigeria (DIBAN), has warned that investments worth over N1.2 trillion will be lost and 5.5 million direct and indirect workers will lose their jobs if the ban on the production and sale of sachet and PET bottle alcohol by the National Agency for Food and Drug Administration and Control (NAFDAC).

This warning was communicated in an open letter addressed to President Bola Tinubu by the Distillers and Blenders Association of Nigeria (DIBAN), a sub-sector under the Manufacturers Association of Nigeria (MAN).

DIBAN’s argument against the ban

The association urged President Bola Tinubu to issue a directive or Executive Order lifting the ban and proposed alternative measures, such as establishing licensed liquor stores/outlets by Local Government Areas across Nigeria.

DIBAN suggested increased monitoring and compliance checks by regulatory agencies to ensure product quality rather than an outright ban.

If the ban remains, DIBAN warned of severe economic repercussions, including the loss of investments, jobs, and substantial revenue streams for both the Federal and State Governments.

It urged a reconsideration of the ban to prevent such adverse effects on the economy. The ban, implemented on February 1, 2024, has faced opposition, with MAN disputing the claim that its members supported the decision.

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