Business
RVHA Suspends Andoni LGA Chairman
The Rivers State House of Assembly Wednesday, suspended from office the chairman of Andoni Local Government Area, Mrs Emelia Gilbert Nte on allegation of security breach in the area and directed the vice chairman of the council to takeover the governance of the local government council pending conclusion of investigation by the House.
Following the suspension, the House appointed a seven-man ad-hoc committee headed by the Deputy Speaker of the House, Hon Dumnamene Deekor to investigate the allegations of insecurity in Andoni Local Government Area and report back to the House within two weeks.
The House’s decision followed a motion of urgent public importance moved by the House Leader, Hon Chidi Lloyd.
Moving the motion on the floor of the House, Hon Lloyd told the lawmakers that his office had been flooded with various petitions on the security lapses in Andoni, stating that if nothing urgent was done, the situation would mar the security achievements of the present administration in the state.
He noted that the state government was committed in ensuring that Rivers indigenes and non-indigenes live in the state without fear or molestations.
To drive home his point, the House Leader moved that the lawmakers should suspend the Andoni Council boss from office and constitute an ad-hoc committee that would look into the allegations levelled against her.
The motion was seconded by the Deputy House Leaders, Hon Hope Ikiriko (Ahoada-East constituency).
The Speaker of the State House of Assembly, Rt. Hon. Tonye Harry who presided over the sitting of the Assembly later divided the House, and the outcome of the voting showed that 21 lawmakers voted for the suspension of the council chairman while no member voted against the decision.
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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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