Business
How Two Died In Rumuagholu Well
Fresh facts have emerged over the death of two middle-aged men identified as Uche and Alloy in a well at Rumuagholu Community in Obio/Akpor Local Government Area of Rivers State, Tuesday.
The Tide investigation revealed that the number of victims would have been three but for the rescue by the fire service team of the third person, whose name could not be ascertained as at press time.
A top police officer at Rumuokoro Police Station who spoke to The Tide confirmed the incident on condition of anonymity, described the incident as sudden and unnatural as the victims were strapped in sludge mud.
The police also disclosed that the owner of the well who was invited for interrogation had been released as nothing incriminating was found on her.
When The Tide visited the community yesterday, residents were still apprehensive, but the well had been covered with the ladder the victims might have used to climb down the well before they met their untimely death.
According to an eye witness, the men had earlier used a pumping machine to drain the water before entering to clean it up and suspected that the generating set used in powering the pumping machine could have emitted smoke that choked Uche who suddenly slumped and collapsed in the well.
He disclosed that Uche’s cry for help attracted his colleague adding that both men collapsed in the mud sludge in the well.
Taneh Beemene
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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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