Business
Over 100,000 Children Now In School – NAPEP
The National Poverty Eradication Programme (NAPEP) has said that more than 100,000 children are now in school in the country as a result of its ‘In Care of the People’ (COPE) programme.
Mr Magnus Kpakol, the National Coordinator of the programme, said in Abuja on Friday at a one-day workshop that the programme which had so far gulped N3 billion, had succeeded in transforming the lives of many Nigerians.
The theme of the workshop is “Sustaining the Gains on COPE implementation in Nigeria.”
The National Coordinator, said that COPE is a programme of NAPEP created to break the intergenerational transmission of poverty in the country.
“We have been able to transform lives in households across the country; we’ve reached out to about 22,000 households.
“That may not be a lot, but given the resources at our disposal, that has been great,“ he said.
According to Kpakol, to qualify for the grant, an individual must be among the poorest of the poor and must be chosen by his or her own community.
“We don’t do the selection, we go to the place and the selection is done in the open square, the people are chosen by their own peers,” he said.
According to him, an individual enjoys the programme for 12 months, then graduates and is given poverty reduction acceleration investment money to set up a business and earn an income.
“It is truly one of the phenomenal programmes that I have been associated with, the results are magnificent.”
“I believe that if we put in more money we will be able to connect many more downtrodden disadvantaged Nigerians to the main stream economy,“ Kpakol said.
He noted that as at 2004, the poverty situation in Nigeria was placed at 54 per cent, adding that the range was now around 50 per cent.
Speaking earlier, the Secretary of NAPEP, Mr Dan Muo, cautioned all the state coordinators of NAPEP programmes against delving into politics.
He urged them to remain focused and ensure that all NAPEP programmes were implemented to the letter and without bias.
“You as state coordinators are supposed to be apolitical, neutral and fair to all citizens irrespective of their political persuasions.”
“I have been specifically directed by the national coordinator to warn you against the politicisation of the programmes that you will be implementing.”
“Even though it is a political year, you will be representatives of all Nigerians,” Muo said.
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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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