Business
SURE-P To Recruit 3,000 Beneficiaries In Rivers
The Rivers State Implementation Committee (SIC) for
the Subsidy Reinvestment and Empowerment Programme (SURE-P), says it has
concluded plans to recruit 3,000 people to benefit from the scheme across the 23 local government
councils in the state.
The
chairman of the committee, Chief Onyiri Oris who spoke with journalists in Port
Harcourt, recently, said the programme will be achieved through the newly
launched Community Services Women and Youth Empowerment (CSWYE) scheme.
He
said CSWYE which is under the Social Safety Net (SSN) of the Federal
Government’s SURE-P, was designed to mitigate the impact of the subsidy
discontinuation policy both on the poor and other valuable people, especially
in the rural areas.
According
to him, they are also targeting to recruit 1,850,000 community service
beneficiaries across the nation including Abuja.
He
explained that the exercise will come in two phases of 3,000 and 2,000
beneficiaries respectively in each of the 36 states and the Federal Capital
Territory.
The
chairman, who went down memory lane, said the programme is one of the President
Goodluck Jonathan’s transformation agenda to, among other things, impact
meaningfully on the grassroots.
He
hinted that the exercise has since started across the 23 LGSs of the state with
its mapping by local government desk areas into five clusters each.
Upon
conclusion, SIC and CSWYE and the state implementation hint members, will them
commence the identification, orientation and documentation of the 3,000
beneficiaries.
The
Tide learnt that the exercise has
since started with Ogba/Egbema/Ndoni, Asari-Toru, Bonny, Omuma and Opbo/Nkoro
at the first roll, while others will follow until the last day.
Other importance of the programme is, improvement of lives
at the rural areas for which N10,000 stipends is expected to be paid to each
beneficiary.
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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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