Business
Nokia Kicks Off Xmas Promo
Nokia has kicked off its Christmas promotion in the country. The Nokia Christmas promotion which was made known to the media recently, will see consumers go home with fantastic prizes from instant wins and raffle draws throughout the promotion. The company’s marketing manager, Titilayo Olubiyi, said that Nokia is all about connecting people to those that matter to them the most. Olubiyi explained that the Nokia Christmas promo for the year is bigger and better as there are a lot more prizes to be won. The prizes are based on consumers feedback and have been specially selected to fit the desires and aspirations of its teeming consumers. The Tide learnt that the Nokia Christmas promo will kick-start properly this week. Furthermore The Tide gathered that the regional draws will be in selected venue in Lagos Ibadan Abuja, Kano, Port Harcourt and Onitsha. Each regional draw will have a grand prize draw where the winner will go home with a kia sportage suv. Other exciting prizes to be won in the regional draws include 24 gas cookers, 12 LCDs, 12 refrigerators, 7 HiTV decoders, 72 generators etc. There are also 8,600 Nokia phones to be won. The grand finale which is slated to hold in Lagos State next month has Toyota RAv4 as the Grand Finale Star prize. However, the company has announced a unique photo stars online completion, including the unveiling of its new mobile devices.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
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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