Business
Minister Tasks Stakeholders On Employment
The Minister of Works, Mr Mike Onolememen, has appealed to stakeholders in the construction industry to partner with government organisations to address unemployment in the country.
Onolememen made the appeal in Abuja last Tuesday at the opening of the 56th Annual General Meeting (AGM) of the Federation of Construction Industry (FOCI).
The minister, who was represented by Mrs Ijeoma Unogu, the Director of Research and Statistics in the ministry, said that the construction industry had a strategic role to play in helping to address unemployment.
He said that areas such as electrical and civil engineering, building and equipment handling/servicing, facility and plant management, and other forms of labour in the sector, were some areas that jobs could be generated from.
“It is the agenda of this government to encourage all investors to partake in activities that would give our youths employment.
“I know that this may not be their preoccupation, but we want to encourage more of our people in some of their activities.
“There is nothing that our youths cannot do as far construction is concerned, so my appeal is for them to do more in terms of employment.”
Onolememen charged FOCI to look into the standard of work and quality of equipment used by some construction companies to ensure that government get value for money spent on projects.
He said that government would not condone cases of sharp practices by some contractors who compromise safety for selfish gains.
Onolememen reiterated government’s commitment in providing an enabling environment for investors to recoup investments in the sector in spite of the challenges of security in some parts of the country.
Earlier, President of FOCI, Mr Mobolaji Williams, called on the private sector to improve its collaboration with government at all levels to deliver on the transformation agenda.
Williams said that the provision of employment and infrastructural development were key to the actualisation of the transformation agenda.
According to him, the federation will provide the link between major equipment dealers and local contractors to ensure quality service delivery.
Our correspondent reports that the event also featured an exhibition by equipment dealers, construction giants and other service providers in the construction industry, both within and outside the country.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
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.
-
Niger Delta3 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports3 days agoSimba open Nwabali talks
-
Nation3 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta3 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta3 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Rivers3 days ago
Fubara Restates Continued Support For NYSC In Rivers
-
Oil & Energy3 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
News5 days agoDon Lauds RSG, NECA On Job Fair
