Business
SSANU Seeks Salary Review
The leadership of the Senior Staff Association of Nigeria Universities (SSANU) has called for the immediate review of the salary of the union members in view of current economic realities in Nigeria.
According to the union’s National President, Comrade Sampson Ugwoke, the salaries of members of the union are due for review by the agreement reached with the Federal Government.
Comrade Ugwoke said that the 2009 agreement between the Federal Government and SSANU under the auspices of the Joint Action Committee (JAC) would be reviewed in July this year.
He stated this while delivering a seminar paper with the theme “Trade Union Leadership and the Challenges of Personal Income Tax in Nigeria” at the Michael Imoudu Institute for Labour Studies, Ilorin, the Kwara State capital
The SSANU’s President said the union’s under the JAC are namely Non-Academic Staff Union of Educational and Associate Institutions (NASU) National Association of Academic Technologists (NAANU) and SSANU.
He said the union under JAC separately reached and signed their agreement with the Federal Government and therefore the unions are at will to seek for a review of its members salary.
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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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