Business
Minister Urges Overhaul Of Industrial Relations System
The Minister of Labour and Productivity, Mr Emeka Wogu, last
Thursday in Abuja called for a complete overhaul of the National Industrial
Relations System.
This is contained in a statement issued by Mr Samuel
Olowookere, the Assistant Director, Press, of the ministry and made available
to newsmen.
The statement said that Wogu stated this at an in-house seminar organised by the Trade Unions Services and Industrial Relations Department of the ministry.
The seminar has the theme: “From Adversarial Trade
Union-Management Relationship to Developmental Orientation.’’
Our correspondent reports that industrial relations system is an interaction between employers, employees and the government, institutions and associations.
It emphasised the importance of government’s role in
industrial relations and expressed support for the independence and freedom of
workers.
“This seminar is therefore compelling at this point in time
for its relevance in the overhauling of the National Industrial Relations
Systems.
“It is my conviction that in a globalised world in which the
human element should be of particular importance, we in government must strive
for an effective, fair and humane administration of labour issues.”
The seminar is the first in the series of in-house seminars
of the ministry designed to discuss aspects of the national industrial
relations system of the country.
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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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