Business
Lawmaker Seeks States, FG’s Collaboration On Roads Construction
A Lagos State lawmaker, Mr Rotimi Olowo, has advised the Federal Government to collaborate with the states, to enhance effectiveness in road construction and maintenance.
Olowo said in Lagos that the government should explore both human and technical capacity of the states to ensure that the network of road projects fared better.
Olowo, the Chairman House Committee on Works and Infrastructure in the state House of Assembly, urged the government to delegate more responsibilities to the states in road construction.
“Nigeria is a federating state and if the government should partner with the states, it is going to be a win, win situation.
“We want service delivery, there is nothing the Federal government is doing that states cannot do.
“Why not call the states’ ministries of works to have a bilateral meeting with the minister of works and all the core agencies and work together.
The cleric said that Nigerians should continue to pray for the nation and the leaders,saying this was in line with Biblical injunction.
He advised Christians to always live in peace and harmony with one another, to enhance citizens’ prosperity.
“I want to advise all Christians to show love to one another and always live in peace and harmony, which is what Jesus stood for during his life time”, he said.
Odukoya, however, prayed for the nation’s continuous prosperity and peaceful coexistence.
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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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