Business
Borno Scores Self High In Housing, Rural Electrification
The Borno State Government said on
Wednesday that it had recorded tremendous successes in the area of housing and
rural electrification in the last one year.
Commissioner for Housing and Rural
Electrification, Alhaji Sunun Mai-Mele, said this at a news conference in
Maiduguri
“The ministry has recorded tremendous
successes in the last one year of the administration.
“Some of the achievements are
rehabilitation and installation of transformers at Maiduguri Maximum Prison,
the JTF headquarters in Maiduguri and the Miringa town in Biu Local Government
Area.”
Mai-Mele listed the provision of similar
facilities at Galadima junction, Zajeri water borehole, Neital Shoe factory and
the Trailer Park, also in Maiduguri metropolis as among other projects executed
by the state government in teh last one year.
“The ministry also established some relief
sub-stations and installed transformers at the sub stations in Gambole road,
Dambo road, Bolori ward, Nursing home, among other areas.”
He said that the ministry had also
connected some wards and villages to the national grid.
“Under the leadership of Gov. Kashim
Shettima, the ministry had undertaken some electrification projects within and
outside Maiduguri metropolis.
“These include the electrification of
Shuwari ward, provision of 33KVA line in Damboa road, rehabilitation of Biu
-Marama-Peta-Hema-Shani electrification network, among others.”
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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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