Business
Lagos Residents Warn: Plastic Ban Could Trigger Job Losses and Water Crisis

Residents of Lagos State are expressing concerns about the government’s proposed ban on single-use plastics (SUPs) and sachet water, warning that it could lead to widespread unemployment and disrupt key economic activities.
In various interviews, locals have called on the Lagos State Government to reconsider this decision, fearing the long-term effects on businesses and livelihoods, particularly in low-income communities.
The Lagos State Commissioner for the Environment and Water Resources, Tokunbo Wahab, recently announced the state’s intention to enforce the ban by January 2025 during a stakeholder workshop.
The policy aims to address the environmental hazards caused by plastic waste, which takes centuries to degrade.
The state is working in collaboration with private-sector organizations to identify alternatives to single-use plastics, such as styrofoam containers, and is also promoting research into eco-friendly technological solutions.
While environmentalists praise the move for addressing Lagos’ growing waste management problem, industry players, small business owners, and workers fear that the ban may lead to massive job losses, particularly in the manufacturing, distribution, and retail sectors.
Thousands of people depend on the production and sale of sachet water and plastic packaging for their income. Many are now uncertain about their future.
Akinyemi Bolaji, Sales Manager at Aremson Water Ltd. in Ojo First Gate, noted that many workers would be impacted by the ban.
He urged the government to explore alternative strategies that won’t lead to mass unemployment.
Bolaji questioned the rationale behind the ban, given the widespread reliance on sachet water as an affordable water source.
He called for better options for managing plastic recycling rather than an outright ban.
He also suggested that the government invest in education campaigns on proper waste disposal and provide more public trash bins to tackle Lagos’ drainage problems, which are often exacerbated by plastic waste.
For many Lagosians, sachet water, commonly referred to as “pure water,” is not only convenient but also vital for addressing public health concerns like cholera outbreaks.
A retail water seller, Mrs. Vera Osiyemi, expressed skepticism over the practicality of the ban, arguing that sachet water has been essential in combating diseases caused by unclean water.
According to her, a ban would likely force the city back to less hygienic practices like selling iced water in uncovered bowls.
Instead of a ban, she recommended the government focus on educating the public on proper disposal methods and reintroducing the widespread availability of bins, much like in past years.
Mrs. Afusat Ajibola, another seller, echoed these concerns, stressing that without adequate access to clean, affordable water, the ban could exacerbate health issues in Lagos.
Ajibola warned of a potential cholera outbreak if sachet water is banned without an effective alternative in place.
She doubted that the government’s efforts would succeed without addressing broader public health concerns tied to water accessibility.
Similar sentiments were shared by Miss Joy Okafor, a retailer who pointed out that plastic sachets are not the only source of blocked drainage systems in Lagos.
She noted that other types of disposable packaging also contribute to the problem.
Okafor raised concerns about whether the government would be able to provide sufficient clean water for every household and street in Lagos if the ban goes through.
She believes the government should tackle the issue of plastic disposal more directly rather than implement a full ban, which would likely result in job losses for many Lagosians who depend on selling sachet water.
Chinedu Eze, a long-time water distributor, said he is unsure what the future holds for his business if the ban takes effect.
For many like Eze, sachet water is more than just a product; it’s a critical source of income.
He emphasized that the ban could have devastating effects on the water distribution industry and the broader economy, particularly for those who have built their livelihoods around this trade.
A street vendor, identified as Mummy Boma, highlighted how selling sachet water allows her to feed her children and pay for their school fees.
She stressed that bottled water is too expensive for many consumers, as well as for small-scale sellers like herself who rely on high turnover to make a living.
Instead of banning sachet water, she recommended that the government enforce stricter regulations on manufacturers to ensure better quality control and hygiene standards.
From a public health perspective, medical professionals are also weighing in.
Dr. Olufemi Adeyemi, a Lagos-based physician, warned that an abrupt ban on sachet water could lead to reduced access to potable water for many residents.
While acknowledging that some sachet water may be contaminated due to poor regulation, Adeyemi emphasized that the government needs to provide alternative safe water sources before implementing such a ban.
He suggested that instead of banning sachet water outright, the state should invest in public water systems, ensuring clean and reliable water in both urban and rural areas.
According to him, such infrastructure could reduce the population’s dependency on sachet water and prevent the unintended health crises that could follow the ban.
Although the proposed ban is part of Lagos State’s broader environmental strategy, it is clear that the implementation will have far-reaching consequences for various sectors of the economy.
The key challenge now is finding a balance between environmental sustainability and economic survival for the thousands of Lagosians whose lives are tied to the production, sale, and consumption of sachet water and other single-use plastics.
Many residents hope that the government will take a more measured approach, exploring solutions that address both environmental and social concerns, such as improving waste management systems and ensuring access to clean, affordable water for all.
Business
Dangote Refinery Reduces Petrol Price to N825 per Litre

Dangote Petroleum Refinery has lowered the price of Premium Motor Spirit (PMS), or petrol, to N825 per litre, down from N835, as competition heats up in Nigeria’s fuel market.
This follows last month’s price reduction, when the 650,000 barrels per day refinery dropped the price from N865 to N835. The recent price change is aimed at providing more value to customers while strengthening Dangote’s position as a leader in the domestic market.
Business
Skype Finally Shuts Down After 22 Years of Connecting People Online

Skype, once a go-to platform for video and voice calls, is officially shutting down today, May 5, marking the end of its 22-year journey connecting people around the globe. The app was one of the first to revolutionize online communication, offering free calls over the internet long before it became common.
During its prime in the mid-2010s, Skype boasted over 300 million active users each month. Microsoft bought Skype in 2011 for a massive $8.5 billion, planning to make it a key part of its communication tools. However, as newer apps like WhatsApp, Zoom, and even Microsoft’s own Teams grew in popularity, Skype slowly lost its place.
In February, Microsoft announced it would officially shut down Skype on May 5 to focus more on Teams, which now handles most of its communication services. This move affects both free and paid users, although Skype for Business will stick around for a little longer.
Business
United Bank Of Africa, UBA, Delivers 23% Total Dividend for 2024, CEO Promises More to Come

United Bank of Africa, UBA, pays 171 Billion in total to its shareholders for the 79 percent increase for 2024.
This information was revealed during the 63rd Annual General held on the 25th of April, 2025. The UBA shareholders approved of the 3 naira dividend share, which will com bine with 2 naira interim dividend and will represent a 23 percent total dividend for 2024 in total.
It can be noted that UBA now has the highest Nigerian stocks and the CEO, Oliver Alawuba has assured the shareholders of the dividends that will be paid.”What we can assure our shareholders today is that UBA will continue to pay more dividends.”
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