Business
Assocition Wants Terminal For Trucks
The Association of Maritime Truck Owners (AMATO), on Monday asked maritime stakeholders to help provide financial assistance for acquisition of a parking lot for trucks.
The Chairman of the association, Chief Remi Ogungbemi said this in an interview with newsmen.
He said that the association had located a parking lot in two different areas where it could be parking its trucks.
Ogungbemi said that it had become a necessity for the association to have its own parking lot in the face of frequent harassment by both the state and federal governments for parking on the highway.
“We have located land; one is at Ilu-Eri in Ijora, while the other is at Signals Barracks in Mile 2.
“However, we do not have the money to acquire this land. We are calling on the state and federal government, the ports authority and all maritime stakeholders to help us acquire this land and make it usable,’’ the AMATO boss said.
He said that the land at Signals Barracks, Mile 2 of about 47 acres, owned by the St. Matthew Daniels family would cost N4.5 billion, which the association could not afford.
Ogungbemi said that the association had approached the Lagos State Government for its land at Ilu-Eri, Ijora, to release the land for their trucks.
He said that they had been informed that they would not need to pay for the land but there would be an understanding between the association and the state government.
“The state government owns the land, we have done the survey of the land and we just need the Certificate of Occupancy.
“We have asked for it but bureaucracy is slowing things down,” he said.
He said that apart from acquiring the land, the association would also need to put in place some relevant infrastructure such as a mechanical workshop, police post, canteen, office complex and a bank.
He said that the association needed to take action and be proactive in finding a parking space for itself, especially as the Lagos traffic laws had restricted the movement of trucks to night time only.
“The parking space will be like an extension of the ports and it would benefit other truck owners apart from AMATO members who would be allowed to park their trucks at the park, irrespective of their affiliation.
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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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