The present economic problem of Nigeria is not unconnected with problems of limited national material, financial and labour resources. Even the limited resources are wasted daily. The way forward however, is the identification of the sources of these wastage and remedies to the problems thus created. Direct to the focus of this paper is the labour loss in Nigeria, which rears its head as a result of alcoholism. Accordingly we analyze theoretically the determinants of work or labour loss. Employment of empirical method for the estimation of labour loss supports the outcomes of our theoretical analysis. It is our candid opinion that the disclosure of labour loss associated with alcoholism will raise the consciousness of governments, organizations and individuals towards the task of minimizing the colossal loses emanating from labour alcoholism and the unrestricted consumption of alcoholic beverages.