Business
Royal Fathers Advocate Special Salary For N’Delta Civil Servants
Traditional Rulers from Rivers State have advocated for a special salary package for civil servants in the Niger Delta region.
The chairman of the Rivers State Council of Traditional Rulers, HRM Eze-Ogba of Ogbaland, Eze Chukumela Nnam Obi made the call yesterday in a welcome address at the 78th Quarterly General meeting of the Council in Port Harcourt.
The traditional rulers said the special salary and wages for civil servants in the Niger Delta area should be funded by oil companies, federal and state governments collectively, while calling for the restoration of 50 per cent derivation fund to the Niger Delta states to allow the people have a fair share of benefits accruing from their oil resources.
Eze Nnam Obi emphasized that the call become imperative considering the impact of oil activities and the post amnesty programme in the area while also advocating the enactment of a social security act to provide unemployment compensation which should be funded by both the state and federal governments.
The royal father said like the post civil war era when reconciliation, rehabilitation and reconstruction was adopted in Nigeria, the country now needs three Ds, democracy, development and dedication.
He used the opportunity to thank the Rivers state government for the developmental efforts recorded in the state and for tackling the challenges of security head-on on assumption of office while pledging the support of traditional rulers to the present administration.
Eze Oba of Ogbaland who solicited for the recognition of vacant stools by the state government, said that in a bid to strengthen the traditional institution in the state, the council has prepared a bill for the classification of traditional rulers and chiefs, recognition of stools as well as other related chieftaincy matters to be forwarded to government for consideration.
Speaking while declaring open the 78th Quarterly General meeting of the Rivers State Council of Traditional Rulers, Governor Chibuike Rotimi Amaechi thanked the royal fathers for their support and advice which led to the success of the present administration.
The governor told the Royal Fathers that all the on-going projects in the state would be completed this year while few new ones would be embarked on.
He said the present administration has achieved a lot in Education, Health, Works and infrastructure development.
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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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