Business
AAEUN Tasks NDBDA New Exco On Hardwork
The Rivers State council of the Agriclture and Allied Employees’ Union of Nigeria (AAEUN) has charged the new Executive members of Niger Delta Basin Development Authority (NDBDA) branch of the union to live up to the task of hard work and challenges confronting the welfare of workers.
The AAEUN state council chairman, comrade Emecheta Chuku gave the charge while inaugurating the new exco on Monday at the NDBDA hall, Port Harcourt.
He urged the new exco to execute their legitimate functions as provided the constitution of the union, stressing that all hands should be on deck to move the union forward, as all members are stakeholders in the struggle for workers right.
Comrade Chuku thanked the management and staff of Niger Delta Basin Development Authority for providing enabling environment for the successful election of the branch. He advocated for industrial peace and harmony as well as dialogue as a veritable means of settling industrial dispute.
Also, the Eleco Secretary, Comrade B.F. Sorgbara, commended the contestants for their comportment and peaceful conduct of the election and urged them to uphold the vision and mission of their predecessors towards workers welfare.
Those elected include, Ebbah Peace-chairman, Amazama Idnye-vice chairman, Nwafor Nkiken-Secretary, Nkeeh Alexis-Assistant Secretary, Potopregha Jenkins-Treasurer, Juliet Nweke-Women Coordinator, Donatus Nzoka-Trustee, Sunday Clever Lawson-welfare officer and John Lawrence Iyo-Auditor.
On behalf of the exco, the branch chairman, Ebbah Peace, while soliciting for the support and cooperation of members, assured to carry out its function as proved in the union’s constitution.
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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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