Business
Leave JTF Out Of Politics – Spokesman
The Joint Military Task force (JTF) in the Niger Delta, says insinuations that the military outfit was backing a political party was untrue and false.
The spokesman of the JTF, Lt. Col. Timothy Antigha, told newsmen in Port Harcourt yesterday that the outfit had no business with any political party in the region.
He said the task force had been inundated with messages, claiming that it had a soft spot for some politicians and that it was taking sides with a particular party in Bayelsa.
Antigha said, “For the avoidance of doubts, the joint military task force is apolitical. Politicians should leave us out of politics because we have nothing to do with politics.”
“The task force is in the Niger Delta region to carry out a mandate given to it by the Federal Government.”
He said that it was unfortunate that some politicians were making such insinuations and were trying to draw the task force into Bayelsa politics.
“The task force is mandated to protect lives, property, installations and facilities in the region.
“Politicians should please stop making insinuations that we are part of Bayelsa politics and this is totally false and untrue,” he further said.
The spokesman gave the assurance that the task force would continue to ensure security in the region in line with the mandate given by the Federal Government.
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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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