Business
Fadama To Train, Empower 100 Rice Farmers
One hundred rice farmers will be trained and empowered under the Fadama III programme in Ogun State, Mr Oresile Oresegun, a Fadama community facilitator, has said.
Oresegun disclosed this on Tuesday while speaking with The Tide source in Ijebu-Ode.
He said the training and empowerment programme was aimed at boosting rice production in the state.
He expressed the hope that at the end of the training, rice production would increase for local consumption and sale to neighbouring states.
“One of the problems we are facing in this country is food production as food produced by our farmers is not enough for our consumption.
“If farmers are well trained and provided with the necessary farm implements to work with, there will be increase in food production.
“If farmers will make use of the training and the implements given to them, it will certainly help to reduce the problem of food shortage in the state and the country at large,’’ he said.
Oresegun appealed to rice farmers who were yet to register with the Fadama programme to do so, if they wished to increase rice production.
He told The Tide source that more than 100 user groups had so far registered with the programme in Ijebu community.
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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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