Business
‘Household Data, Imperative For Vision 20:2020 Success’
Mr Yemi Kale, the Statistician-General of the Federation, says household survey results will help the country in achieving the vision 20:2020 objective.
Kale made the statement in Abuja last Thursday at the Data Launch of the General Household Panel Survey, organised by the National Bureau of Statistics (NBS) and World Bank.
“Today’s data launch of our first wave of the General Household Panel Survey is another demonstration of the current administration to transform the country.
“It is also the administration’s resolve to inform and involve all Nigerians in the long term decisions that affect their lives regardless of age, gender and ethnic backgrounds, religions and political affiliations, academic and intellectual pursuits,” he said.
The statistician-general said the survey was imperative as it would help policy and decision making within the government and the community to improve the welfare of the households in areas of health, nutrition and education.
He said NBS in collaboration with the Ministry of Agriculture planned to conduct a National Agriculture Sample Survey that would provide evidence of the impact of past policies and interventions in the sector.
He said he was interested in the launch of Computer Assisted Personal Interview Application devices for data capture.
Kale expressed the hope that the gradual use of electronic data capture technologies in efficient ways would increase the accuracy, reliability and timeliness of data produced.
In his speech, Dr Badru Haq, the Acting Director, World Bank, said global research by the bank had shown that better access to health, education, nutrition and education of mothers supported faster economic mobility.
Haq said “the survey results being launched in Nigeria will provide specific information for the country as it reveals what economic activities help households move out of poverty.
“It also reveals how households react to government policies and programmes, how government safety nets protect people when they suffer economic shocks and how the agricultural sector contributes to household welfare.”
Haq said once the survey data was available and analysed, it would be of tremendous value to policy makers, researchers and other stakeholders to design, test and evaluate social and economic policies.
“The survey is of particular relevance now in Nigeria given its Agricultural Transformation Agenda.
“Government of Nigeria will be able to use the data to understand the key factors that serve as bottlenecks to development in the country and those policies and programmes that best increase household welfare.
“This will be critical information for policy makers for planning and programme design,” he said.
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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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