Connect with us

NEWS

Alcohol Ban: Investments Worth N800bn may be Lost – Stakeholders

Published

on

Share

The ban on alcoholic beverages in sachets and pet bottles less than 200ml may cause manufacturers and other stakeholders across the food and beverages value chain to lose  investments worth over N800 billion.

The Manufacturers Association of Nigeria (MAN) and Distillers and Blenders Association of Nigeria (DIBAN)  expressed the concern  at a joint news conference in Lagos on Friday.

Reports says that the National Agency for Foods and Drugs Administration and Control (NAFDAC) has banned production of alcoholic beverages in sachets and pet bottles of less than 200ml, with effect Jan.

31.

According to NAFDAC, the ban is in line with an agreement reached by a tripartite committee set up in 2018 by the Federal Ministry of Health.

The Executive Secretary of DIBAN, Mr John Ichue, at the press conference, called on the Federal Government to prevail on NAFDAC to reverse the ban.

“This is to avert a colossal loss on investments in machines, raw materials and financial resources and also save 5.5 million direct and indirect persons earning their livelihood from the business,” he said.

According to Ichue, manufacturers have great respect for NAFDAC; hence, the need for them to reach a common ground to address underage consumption of alcoholic beverages and business concerns of players in the wine and spirits sector.

“Some of the money invested in the sector were borrowed from banks, and many of the companies have procured raw materials that would last them for the next four or five years.

“More than 25 companies in wine and spirits sector in the country may be forced to close shop if President Bola Tinubu does not intervene in reversing the ban,” he said.

The Chairman of DIBAN, Mr Patrick Anegbe, said that the association had always preached responsible drinking and had mounted media campaigns on radio and television, kicking against underage consumption of alcoholic beverages in sachets.

Anegbe,  also the Chief Executive Officer (CEO) of Intercontinental Distillers, said that DIBAN was concerned about the health of underage consumers of alcohol beverages.

He, however, said that elimination of underage consumption of alcoholic beverages could be achieved through access control rather than outright ban.

“Through access control mechanism, the underage will be safeguarded, businesses will remain and our members and suppliers in the value chains in the sector will retain their jobs.

“I call on the president to intervene immediately; otherwise, many jobs are on the line,” he said.

He appealed to Tinubu to consider those who had heavily invested  in the sector.

The CEO of Stellar Beverage, Mr Gandhi Anandan, said that the ban might trigger irresponsible drinking and make consumers drink heavily if they could not have access to smaller quantities.

“While alcohol,  like any other product, must be consumed in moderation, if we take away the size from responsible drinking, we are not being fair to anyone,” he said.

Mr Wale Majaolagbe, CEO of Grand Oak Industries, said that distilled wine and spirits had not been pinned down as causes of death of any individual.

“NAFDAC should not be insensitive to the hardship Nigerians are going through by imposing this ban,” Majaolagbe said.

Earlier, Mr Segun Ajayi-Kadir, Director- General of MAN, said that the association was deeply concerned about the ban.

Ajayi-Kadir said that the bank would impact negatively on manufacturers, workers, the citizenry and the economy.

He said that following previous concerns, stakeholders collaborated to enlighten  citizens on responsible consumption by supporting the Federal Ministry of Health and NAFDAC to undertake advocacy, messaging, training and education of the public.

He said that during the period, DIBAN spent over one billion naira on campaigns to ensure zero consumption of alcoholic beverages by underage, and promote responsible use among adults.

“Furthermore strategic moves were made to identify factors that affect irresponsible consumption of alcoholic beverages and identify factors responsible for underage drinking in Nigeria.

“We also moved to implement strategies guided by best global practices and national priorities towards strengthening regulatory activities (e.g. access control) and strengthening implementation structures through effective collaboration to ensure sustainability.

“Prior to the investments made by  companies in the packaging, distribution, logistics and advertisement of their products, necessary approval were obtained.

“Government must be seen to promote and protect the growth of local industries and jobs and tackle fake, counterfeit and unwholesome alcoholic beverages,” he said.(NAN)

NEWS

Tinubu Approves Management Unit for Health Sector Renewal Investment Initiative

Published

on

Share

President Bola Tinubu has approved the establishment of the Sector-wide Coordinating Office-Programme Management Unit (SCO-PMU) domiciled in the Office of the Coordinating Minister of Health and Social Welfare.A statement on Friday by his spokesman, Chief Ajuri Ngelale, said the unit would ensure efficient, transparent and accountable management of external grants mobilised towards the implementation of the Nigeria Health Sector Renewal Investment Initiative (NHSRII).

Ngelale said SCO-PMU would report to a Steering Committee/Ministerial Oversight Committee chaired by the Minister, including the Minister of State, Permanent Secretary; Ministry of Finance, Ministry of Budget and Economic Planning and relevant development partners.
“The SCO-PMU will serve as the secretariat and delivery unit for the NHSRII and is to be headed by a national coordinator (NC).“The functions of the SCO-PMU include programme management, monitoring and evaluation, engagement and supervision of Independent Verification Agents (IVAs) for NHSRII programmes and fiduciary management, among others.“Consequently, the President has approved the appointment of Dr. Muntaqa Umar Sadiq as the National Coordinator of SCO-PMU,” he said.

Report says that Sadiq has over 17 years of experience in public health, impact investing, investment banking, energy, and climate financing across the health, finance, climate and energy sectors.He had served as Head of the Performance Management and Delivery Unit at the Federal Ministry of Health and Social Welfare and Chief Executive Officer of the Private Sector Health Alliance of Nigeria.He also served as Head of the Nigeria Energy Transition Office and Private Sector Engagement Adviser at the World Bank. (NAN)

Continue Reading

Education

FG Denies Slash in Students’ Allowances

Published

on

Share

The Federal Government says it has no plan to slash scholarship students’ allowances as recently projected in the media.The Minister of Education, Prof. Tahir Mamman, stated this during a meeting with the leadership of the National Association of Nigerian Students (NANS) in Abuja on Friday.

Report says that there was a report that the ministry, through the Federal Scholarship Board, announced a slash in allowances of foreign scholars stranded in Russia, Morocco, and Algeria among others.

The slash in scholars’ allowances under the federal government’s Bilateral Educational Agreement Scholarship (BEA) was attributed to the economic crises.Mamman said that there was no slash in scholars` allowances but rather an adjustment due to Foreign Exchange fluctuations (FOREX).
“We want to clarify what has been in the media on allowances paid to scholars under the Bilateral Scholarship Agreement.“We want to place it on record that the ministry and the Federal Government for that matter have not slashed the allowances due to students.“What happened is some adjustments in the amount due to them because of FOREX fluctuations, and as soon as we get the balance we have applied for, we will pay them.“But for now, what is in the budget is what we can pay. So, there is no slash, we will even be happy to increase, so this is what has led to the adjustments,” he said.(NAN)

Continue Reading

NEWS

Planned Protests: CAN calls for calm and patience

Published

on

Share

By Laide Akinboade, Abuja

The Christian Association of Nigeria, CAN, on Friday, has urged Nigerians to calm and patient with Federal Government and should give the the government more time to address these pressing concerns.In a statement issued by CAN and signed by Archbishop Daniel Okoh ,President, CAN and made available to journalists in Abuja.

CAN also urged all Nigerians to consider alternative means of expressing their grievances.
He however said CAN stands in solidarity with the citizens of nation during these challenging times of economic hardship and pervasive hunger. The statement reads in part, “As we navigate this period of crisis, it is imperative to uphold the constitutional rights of every Nigerian to peacefully protest and express their grievances.
The right to assemble and voice discontent is a cornerstone of our democracy and must be protected and respected by all. Peaceful protests are a powerful tool for civic engagement, allowing the populace to communicate their concerns and hold leaders accountable. However, the anxiety related to the impending protests is heightening, especially given the volatile experiences in countries like Kenya and Pakistan.”We must also draw from our recent history. The #ENDSARS and #RevolutionNow protests, though rooted in genuine grievances, were marred by tragic incidents where miscreants hijacked the process. This led to widespread looting, destruction of properties, and unfortunate loss of lives. These experiences have shown us that mass demonstrations can quickly degenerate into chaos if not properly managed and coordinated.” In light of the planned protests scheduled to commence on 1st of August, CAN urges all Nigerians to consider alternative means of expressing their grievances. We recommend giving the government more time to address these pressing concerns. This period should be used to explore other legal avenues that will not easily give hoodlums the opportunity to hijack the exercise to destroy our national assets or endanger lives and properties. Dialogue, petitions, and town hall meetings are viable options that can yield positive results without the risk of disorder.”We call on the government to cut the cost of governance and expedite its efforts to alleviate the hardships in the land. The opulent lifestyle of political office holders must be addressed to demonstrate the sincerity of those in government to improve the living conditions of the people. Likewise, it is imperative that the government implements the newly approved national minimum wage to provide immediate relief to struggling families.”Furthermore, specific measures must be taken to put an end to kidnappings, banditry, and mass killings that have plagued various parts of our country. The security and well-being of every Nigerian should be paramount, and urgent action is required to restore peace and order.”We also call on the government to expedite its efforts to alleviate the hardships in the land. There is an urgent need for more refined and effective policies that address the root causes of the economic challenges we face. The government must deepen its consultations with stakeholders, including religious leaders, to create a more inclusive and comprehensive approach to problem-solving. By working together, we can devise sustainable solutions that reflect the needs and aspirations of the people.”In these trying times, let us all remember the words of our Lord Jesus Christ: “Blessed are the peacemakers, for they shall be called the children of God” (Matthew 5:9). As we seek to bring about positive change, let us do so with a spirit of peace, love, and unity. Our strength lies in our ability to come together, support one another, and work collectively toward a better Nigeria.”We pray for wisdom and discernment for our leaders, resilience and hope for our citizens, and divine intervention to guide us through these difficult times”.

Continue Reading

Read Our ePaper

Top Stories

NEWS3 hours ago

Tinubu Approves Management Unit for Health Sector Renewal Investment Initiative

SharePresident Bola Tinubu has approved the establishment of the Sector-wide Coordinating Office-Programme Management Unit (SCO-PMU) domiciled in the Office of...

Education9 hours ago

FG Denies Slash in Students’ Allowances

Share The Federal Government says it has no plan to slash scholarship students’ allowances as recently projected in the media.The...

NEWS13 hours ago

Planned Protests: CAN calls for calm and patience

ShareBy Laide Akinboade, Abuja The Christian Association of Nigeria, CAN, on Friday, has urged Nigerians to calm and patient with...

NEWS14 hours ago

Senate  Consultant Scores Benue LG Bureau High on Projects Execution

ShareThe Consultant for Senate Standing Committee on States and Local Government Administration, Engineer Kayode Adegbayo has described the quality of...

FEATURES15 hours ago

Doctor Mark Ogbodo: A Man Destined for Success

ShareBy Paul Ugah Henry Miller once said, “Every man has his own destiny, the only imperative is to follow it,...

POLITICS17 hours ago

Ignore Anti -government Protests, Wike Begs Abuja Residents

ShareBy Laide Akinboade, Abuja Minister of the Federal Capital Territory, Barr. Ezenwo Nyesom Wike has called on residents of the...

POLITICS17 hours ago

Reps Commit to Ensure Legislations for Better Skills Acquisition, Management

ShareBy Ubong Ukpong, Abuja The House of Representatives on Thursday pledged its continuous commitment to ensure legislations that would align...

POLITICS17 hours ago

Economic Sabotage: Senate Summons Petroleum Minister, NNPCl, CBN, NPA, Others for Interrogation

ShareBy Eze Okechukwu, Abuja The Senate is blowing hot over alleged economic sabotage by stakeholders within the petroleum sector, thus...

NEWS17 hours ago

Dialogue with Organisers of August 1 Protest, AANI Urges FG

ShareBy Johnson Eyiangho, Abuja The Alumni Association of the National Institute (AANI) has advised the Federal Government to dialogue with...

NEWS17 hours ago

Stigmatization: CSO Urges Kogi Gov to Assent Bill Protecting HIV Patients

ShareFrom Joseph Amedu, Lokoja Civil Society Organisation, Initiative for Grassroot Advancement in Nigeria (INGRA), has called on the Kogi State...

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc