Business
Community Wants NDDC’s Attention
The people of Omerelu in Ikwerre Local Government Area of Rivers State have called on the management of the Niger Delta Development Commission (NDDC) to come to their aid and provide potable water and good roads.
The secretary of Omerelu Community Development Committee (CDC), Mr Promise Assor made the call yesterday in Port Harcourt while chatting with newsmen.
Assor said that the only source of drinking water in the community has been in bad shape over then years.
He noted that the absence of clean source of water in the community has exposed the people to some hardship as women now go some miles away in order to get water for their households.
According to him, some women groups have provided water in some parts of the community through their personal savings, adding that the community needed NDDC’s attention so as to ameliorate the sufferings of the people.
He revealed that the days of the defunct Oil Mineral Producing Area Development Commission (OMPADEC), but to no avail.
But he expressed hope that the NDDC which he described as a “community friendly commission” will give attention to their request.
The community leader, also pointed out that its internal roads are also in a terrible state, hinting that it urgent moves were not made before the rains set in movement in the area may be difficult.
He explained that the poor nature of the internal roads prevents women from conveying their farm produce to the needed areas.
When asked about plans to reach the NDDC over the issues, he said that a save our soul (SOS) letter would soon be raised to the commission in order to attract its attention in the 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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