Business
ANLCA Tasks Members On Cooperation
The Association of Nigerian Licensed Customs Agents (ANLCA) on Saturday assured members of peaceful and prompt resolution of complaints from the recently conducted elections in its Western Zone chapters.
The Tide source reports that elections of chairmen and other officials of the nine chapters under the Western Zone of the association were held on Jan. 24.
The National Publicity Secretary, ANLCA, Dr Obicee Okonkwo, made the promise in an interview with the newsmen in Lagos.
Okonkwo said that the National Executive Committee, a panel set up, had submitted its report to the executive.
“We have just had our constitutional national executive council meeting and have we received the report of the electoral panel,” he said.
“The panel has actually done intense findings on the election malpractices and what they have done is to examine how the elections were conducted to see what went wrong and who wronged who.”
He stressed the need ANLCA to remain one and grow.
He urged members to continue to conduct themselves in a peaceful manner and respect the association’s constitution.
The Tide source reports that the panel recommended the holding of a re-run elections in all offices at the Apapa Area 1, Seme Border, Kirikiri Lighter Terminal (KLT) and Tin-Can Island chapters.
A rerun for all the offices at the Murtala Muhammed International Airport chapter, except for the posts of chairman and secretary, and a rerun for the chairmanship position at the PTML chapter.
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Business
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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