Business
Sachet Alcohol Ban Suspended, Orders NAFDAC to Stop Enforcement Activities
The Federal Government has ordered the National Agency for Food and Drug Administration and Control, NAFDAC, to immediately halt all enforcement actions regarding the ban on sachet alcohol and 200ml PET bottle products.
The offices of the Secretary to the Government of the Federation, OSGF, and National Security Adviser, ONSA, in a joint intervention, cited grave concerns over economic stability and potential security threats as reasons for the directive.
The statement warned that continued enforcement, in the absence of a fully implemented National Alcohol Policy, could “destabilize communities, worsen unemployment, and trigger avoidable security challenges”.
According to the statement signed by Terrence Kuanum, Special Adviser on Public Affairs to the SGF, the government clarified that while the National Alcohol Policy has been signed by the Federal Ministry of Health under the direction of President Bola Tinubu, NAFDAC must refrain from sealing factories or warehouses until the policy is fully operationalized.
The statement emphasized that the current “de facto banning” of the products without a harmonized framework is creating significant disruptions.
“The continued sealing of warehouses and de facto banning of sachet alcohol products is already creating economic disruptions and poses a growing security threat, particularly given the impact on employment, supply chains, and informal distribution networks across the country,” the statement warned.
The statement further revealed that the decision was influenced by a correspondence from the House of Representatives Committee on Food and Drugs Administration and Control, dated November 13, 2025.
The letter, signed by Deputy Chairman Uchenna Harris Okonkwo, highlighted existing National Assembly resolutions that cautioned against the proposed ban.
Reaffirming a previous suspension issued in December 2025, the statement stated the need to review legislative, public health and economic factors before a final decision is reached.
“Accordingly, all actions, decisions, or enforcement measures relating to the ongoing ban on sachet alcohol are to be suspended pending the final consultations and implementation of the National Alcohol Policy and the issuance of a final directive,” the statement emphasized.
Breaking News
Naira Appreciate Against US Dollar in Continuum
The naira continued appreciation against the United States dollar at the official foreign exchange on Tuesday.
Central Bank of Nigeria data showed that the Naira further firmed up to N 1,351.02 against the dollar on Tuesday, up from N 1,354.26 traded the previous day.
This means that on a day-to-day basis the Naira gained N3.24 against the dollar.
Similarly, at the black market, the Naira appreciated by N5 to N1450 per dollar, up from N1455.
The development comes as the apex in a notice signed by its director of the trade and exchange department, directing banks to sell a maximum of $150,000 per week to licensed Bureau De Change operators.
DAILY POST reports that the country’s external reserves remained high at $47.03 billion as of 6th February 2026.
Business
BREAKING: No Fewer Than 28 Ships to deliver Petrol, other Commodities at Lagos Ports
No fewer than 28 vessels carrying petroleum products and other assorted commodities are scheduled to arrive at the Apapa, Tin-Can Island and Lekki Deep Sea Ports in Lagos between February 10 and February 19.
This was disclosed by the Nigerian Ports Authority, NPA, in its latest Shipping Position report released on Tuesday in Lagos.
According to the authority, 16 of the incoming vessels are container ships conveying various categories of goods, while the remaining 12 are laden with crude oil, premium motor spirit (petrol), diesel, bulk gypsum, bulk wheat, blended stock, raw crude oil, bulk gas and other general cargoes.
The report indicated that 10 ships and tankers have already arrived at the ports and are awaiting berthing. These vessels are loaded with crude oil, bulk urea, diesel, condensate, petrol, containers and general cargo.
Meanwhile, the NPA noted that 15 vessels are currently offloading their consignments across the three ports.
The cargoes being discharged include general goods, bulk gypsum, containers, bulk fertiliser, bulk sugar, diesel and crude oil.
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