Business
Building Collapse: COREN To Sanction Erring Engineers
The Council for the Regulation of Engineering in Nigeria (COREN) has said that it will not hesitate to de-register and ban any engineer from practice that is indicted for any building collapse.
The Council has also directed that there must be an undertaking at the point of receiving approval from the developer, who would in turn ensure that an engineer supervising the project signed such an undertaking.
Disclosing this to newsmen recently, the registrar of COREN, Mr. Felix Atume said that this had become necessary because of the incessant cases of building collapse in the country, adding that such disciplinary measures will serve as deterrent to practitioners.
Atume also disclosed that the new policy has also given room for the establishment of COREN tribunal, which will specifically try and engineer found to be culpable in approving a shoddy job.
He also said that the project site of any building collapse may be confiscated by the Federal Government, irrespective of who owns the piece of land.
The registrar stated that regulatory monitoring inspectorate will be inaugurated in various part of the country, so as to ensure enforcement of regulation across the country.
Atume noted that there had been serious abuses in the implementation of the expatriates’ quota despite a directive by the Federal Government during Chief Olusegun Obasanjo’s regime that COREN should be consulted before foreign engineers were given jobs.
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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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