Business
FAO Wants Planting Materials For Farmers
The Food and Agriculture Organisation (FAO) in Nigeria has urged the Ibadan-based National Institute for Horticulture (NIHORT) to continue to provide clean planting materials for farmers engaged in horticultural activities.
The FAO country Representative in Nigeria, Dr. Louise Setshwaolo made this known when she visited NIHORT Wednesday, to see the facilities in the FAO-funded tissue culture laboratory set up in the Institute.
The visit to the Institute was aimed at assessing the implementation was aimed at assessing the implementation of FAO’s plantain and Banana Project ongoing in the four states of Abia, Cross River, Delta and Oyo.
NIHORT had produced 26,000 plantain and Banana suckers distributed to farmers in participating states.
The FAO representative thanked the management of NIHORT for their collaboration on the project, saying that without their support, the project wouldn’t have achieved much.
“By this, we have laid the foundation for further collaboration. We believe NIHORT will continue to support states on the planting materials. In any area where you need FAO to cooperate with you, let us know,” she said.
Earlier, Dr. Babasola Adelaja, the Director of fruits and spices, who represented the Institute was playing a key role in the implementation of FAO’s plantain and Banana project.
While noting that some of the facilities for producing the suckers were domiciled in the Institute, Adelaja called for more areas of collaboration between the FAO and NIHORT.
For the FAO-funded labouratory, he said that the equipment the UN agency provided had helped to increase efficiency in the production of tissue culture for use by farmers.
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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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