Categories: BusinessNews

Local Producers Urge FG to Protect Dying Energy Drink Firms

Producers of energy drinks in the country have urged the federal government to protect newly established industries from foreign competition, and save direct employment of over 2,000 Nigerians and their numerous dependents.

The local producers said they have the capacity to produce enough drinks that can serve the entire country.

They urged the federal government to safeguard the health of Nigerians from compromised formulation of imported energy and health drinks.

According to them, most of the imported energy or health drinks could not withstand Nigeria’s temperature on storage, and they often burst and constituted hazardous risks in the open market.

The local producers sought urgent actions to prevent the sudden collapse of over $500m investments in the local industries involved in the production of energy and health drinks.

They, therefore, requested an urgent addition of energy or health drinks to the Nigeria import prohibition list, noting that the unexpected decline in the local manufacture of energy drinks was already affecting investment in the associated industries.

VOP Lagos

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