Business
Tension, Apprehension Trail Sack Of Maritime Chiefs
The sudden, sack of Chief Executive officers and Executive
Directors in the maritime industry by President Goodluck Jonathan recently, has
created great apprehension among the top brass of the maritime sector, the
gateway of the nation’s economy, The Tide can authoritatively report.
The news came like a whirlwind blowing furiously all through
the Marina, Lagos and 4, Burma Road headquarters of Nigerian Maritime Administration and Safety
Agency, (NIMASA) after the NPA chief executive officer officer, Alhaji Omar Suleiman was replaced by the
Acting Executive Director, Finance and Administration, Alhaji Habib Abdullahi.
Sacked alongside Suleiman was the Acting Executive Director,
Maine and Operations, Mr. Sotonye Inyeineyi-Etoine. The fate of the Acting
Executive Director Engineering & Technical Service, Mr. Sunny Nwobi was
unclear as at the time of this report.
The replacement of Omar by another has put to rest, the
ambitions of somany notable people who
have been eyeing the juicy position.
On the side of the Nigerian Maritime Administration and
Safety Agency (NIMASA) , three Executive Directors were also relieved of their
appointments, no official reasons were given for the purge in the industry.
The Tide was reliable informed that the sack of these
executive chiefs was based on the recommendations of a consultant to the
Transport Industry.
Meanwhile, the fear of massive loss of jobs has gripped the
staffers of the maritime regulatory agency.
The fears stem from the fact that if a chief Executive
officer and Executive Directors could be sacked overnight by the Presidency,
then the fate of junior officers also having in the balance.
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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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