Business
Musician Plans Academy For Youth Employment
Rivers born musical artist and multiple instrumentalist, Prince Jerry Deemua, has identified music as a veritable platform of engaging Rivers youths in creative enterprise and gainful employment.
Speaking with The Tide in Port Harcourt at the weekend, Prince Jerry Deemua, said the Potentials of Rivers youths in the area of music and performing arts can be fully harnessed through the establishment of a music academy in the state.
The Chief Executive of JAG Nigeria Limited a creative venture, said talent hunt in music in the state had not yielded desired result because such talent are not properly groomed through an institutional process.
He said his venture was planning to establish a music academy in the state, to practically engage Rivers youths in various genres of musical performance, instrumentation, creative performance and comedy.
He said; “the vision is not only to professionalise music but to explore the creative potentials of youths and curb restiveness and other anti social behaviours identified with youths.”
The former ELECO chairman of Proffessional Musician Association of Nigeria, (PMAN) in Rivers State said legendary musicians from Rivers state like the late nightlife Maestro Cardinal Jim Lawson and others were able to contribute immensely to the Nigerian entertainment industry because they were professionally trained.
He emphasised that the establishment of a music academy in the state will enhance professionalism and specialisation in musical career, and called on all stakeholders to support the vision to make it a reality.
Taneh Beemene
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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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