Business
‘FG Should Streghthen COREN To Check Quacks’
The Federal Government has been urged to strenghten the Council for the Regulation of Engineers in Nigeria (COREN) to check the influx of quack engineers from foreign countries and Nigeria under the guise of being experts.
A member of COREN, Engr. Kola Olowu made the call on Wednesday in Port Harcourt during an interview with The Tide.
Olowu lamented the influx of quack engineers from foreign countries into Nigeria, which he said might be the reason for some collapsed buildings and sub-standard civil and road construction jobs, saying that already COREN is helping to regulate members who are not adhering to the ethics of the profession, specifications and modern standard of building while carrying out construction works.
He urged the federal government to be serious with COREN and institute a strong inspectorate and monitoring body, that would ensure that the safety of roads, bridges, dams, buildings, power lines, communications systems and other engineering infrastructure are guaranteed as well as embark on visitation of construction companies to ensure that qualified engineers are engaged and qualitative job done in accordance with professional ethics and specifications.
According to him, “the era of abandoned projects arising from corrupt practices and incompetence of some ‘so called professionals’ must be checked and stopped”
He advised members to go back to the ethics if they must practice, saying this would help to ensure structures that would stand the test of time.
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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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