Business
Keke Operators Threaten Legal Action Against TIMARIV
Operators of tricycles in Port Harcourt otherwise known as Keke NAPEP operators have lamented over the continuous impoundment of their tricycles by members of the Rivers State Road Traffic Management (TIMARIV) and have threaten to take legal action if the trend continues.
The Keke operators chairman Mr Ademola Moses in a press statement, Friday lamented over the manner with which officials of the TIMARIV manhandle their members, as well as impound the tricycle on the road.
Ademola appealed to the general public and other agencies of government to call TIMARIV to order, and also urged the TIMARIV to enforce what is in the law, and not with sentiment.
He said that there is no law in Rivers State that has banned the operations of tricycle stressing that Keke operators will be forced to take legal action against the authorities of the TIMARIV, if the trend continues.
According to him “we can not fold our hands and watch TIMARIV officials bring our operation to a standstill, and we know that there is no law in the state that prohibits tricycle operators”
Meanwhile the TIMARIV have said that their actions on clamping down on keke operators in the city was as a result of an order issued from the ministry of transport over their operation.
Source from the TIMARIV have disclosed that operations of keke NAPED have been banned in Port Harcourt city and other surrounding local government areas like the Obio/Akpor, Eleme and Oyigbo local government areas.
TIMARIV maintained that impoundment of tricycles is only limited to the local government so far mentioned.
Corlins Walter
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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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