Business
Commuters Decry Touting At Motor Parks
Commuters in Port Harcourt, Rivers State, have decried the rise in operate of touts at bus stops and motor parks in the city and its environs.
Some commuters interviewed by our reporter on the increasing incidence of touts in the city called on the government and authorities concerned to take drastic measure against the hoodlums before they became another monster that would make the state unsafe.
According to them, such a step would be timely to keep crime rate in Port Harcourt and its environs low.
They also called on the Rivers State House of Assembly to urgently pass a bye-law banning all forms of touting in the state to forestall any breakdown of law and order or insecurity of lives and property.
A commuter, Mr Precious Wike complained that they sometimes robbed, attacked or harassed citizens at the various bus stops and motor parks.
He said the legislative arm of government should find it imperative to make a law to put a check to this ugly menace”, a measure would protect the law abiding citizens of the state as they go about their lawful businesses.
Another commuter, Cyril Wokoma, called on the National Union of Road Transport Workers (NURTW) to brace-up in their functions or risk being disbanded by the government.
“A stitch in time saves nine”, he noted.
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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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