Business
Institute Translates Fiscal Procurement Laws Into Hausa
The Research Triangle Institute (RTI), an American-based institute running a project in Nigeria, has translated manuals and guides on fiscal responsibility and procurement policy into Hausa language. Malam Musa Wamakko, a specialist on finance budget and transparency with RTI, said in Bauchi yesterday that the manuals and guides would be distributed to the 20 local government councils of the state.
Wamakko told newsmen that the manuals were to assist the local government councils to understand the procurement policy.
He said that RTI, through the Leadership Empowerment Advocacy Development project (LEAD), took the responsibility of translating the policy to assist local contractors to know their rights and what the law said about procurement.
The specialist added that the translated version was meant for those contractors, who could not read or understand English language and other members of the public in the same category.
“The translated versions are meant to assist contractors to know their rights and what the laws say on procurement.
“It is for those who cannot read or understand the English language and other members of the general public in the same category.”
He said that the translated copy was already approved by experts, adding that it would soon be printed in large number so that it would be distributed to the local government areas in the state.
“The production, funding and distribution of the translated copies, as well as the English version were funded by USAID, while the implementation was done by the RTI.” Wamako further said that a recent workshop held by the project in Kano was aimed at disseminating knowledge of the draft laws for the procurement policy and highlighting the contents of the draft laws.
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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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