Business
RSG Gives Reasons For Craft Centre Establishment
Rivers State Government has said that employment creation is the main aim of the establishment of craft centres in the state.
The commissioner for Local Government Affairs Hon. Samuel Eyiba, said this in Buguma the headquarters of Asari Toru Local Government Thursday when he visited the government craft centre in the area.
Eyiba, said the craft centres were mainly built for provision of employment opportunities for the teeming youths of the state.
According to him, the state government has since decided to redirect the minds of the youth from violence, thus the reactivation of the craft centres.
He also said that he was encouraged by the level of development in the area, while urging the council leadership to maintain the tempo.
In his speech, theChairman of ASALGA, Hon. Ojukuye flag Amachree, informed his guest that the Niger Delta Development Commission (NDDC) has executed about N250 million worth of contracts in the area of youth development centres.
Amachree further revealed how the LGA has entered into partnership with NDDC on youth development projects for which the council provided land as part of its contribution.
He said the council will also take up payment of the staff of the centre and as well, oversee the maintenance of the area.
The Tide gathered that the council has about 216 shops and is working out modalities to empower about 260 women up to the tune of N11 million.
It would be recalled that youth and women empowerment has become the concern of may administrations as trouble in the country is always linked to their neglect.
The permanent secretary of the Ministry, Mr Monday Ekekentah was one of the dignitaries that accompanied the commissioner on a tour of the craft centres including the Port Harcourt centre.
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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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