Business
RSSDA: 300 Rivers Indigenes Get Overseas Scholarships
About 300 indigenes of Rivers State have so far qualified for the 2009/2010 Rivers State Governor’s Special Overseas and Nigerian scholarship programme.
The Executive Director of the Rivers State Sustainable Development Agency (RSSDA), Mr Bola Ogunseye who said this in an interview in Port Harcourt said the selection was done through a fair and transparent process.
Mr Ogunseye said that the agency received 30,000 applications for the scholarship programme, while 5000 applications were received online.
He explained that out of the 30,000 applicants, 19,000 were invited for aptitude test which accounts for 80 per cent score line, after which 586 applicants were invited for oral interview which comprised physically challenged persons and these accounted for 20 per cent score-line.
RSSDA Director however said that 10 per cent of those selected were based on absolute merit, while eight candidates were selected per local government area.
He also said that 15 persons with physical disabilities who were successful at the interview would either be trained in the best private universities in the country or sent abroad.
Mr Ogunseye said that the agency this time around placed emphasis on some key areas such as medicine, technology, engineering and other science related courses because of the dearth of manpower in these areas in the state.
He explained the philosophy behind the scheme in the following words, Rt Hon Chibuike Rotimi Amaechi, our governor having looked at the rather weak current situation of manpower development in the state has chosen this option as a form of accelerated intervention to help fill the yawning gap in high level and middle level professional manpower in the state”.
Mr Ogunseye said that the state chief executive is concerned that more Rivers indigenes should qualify for jobs in major oil establishments across the world.
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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