Business
Agric Dev: Expert Urges Science, Technology Application
The President of Nigeria
Internet Group, Mr Bayo Banjo, last Thursday in Lagos called for determined application of science and technology in agriculture to help attract youths to it.
He made the call in an interview with newsmen, adding that the move would not only provide employment to the teeming youth but would boost food production in the country.
He said “science and technology hold the key to the progress we want to see in this country
“We need to do more to build academic collaborations and to focus our minds on Nigeria’s distinctive agricultural challenges.’’
Banjo stressed the need for better use of information technology in the agriculture sector.
He added that “farming in Nigeria is viewed as exhausting, back-breaking, unreformed and with little reward. It holds little attraction to the younger generation.’’
He, however, noted that government could evolve policies, especially in rural areas, to make agriculture attractive to the younger generation.
“But such policies must ensure that the rural areas are habitable because the sector needs grassroots energy and openness to new ideas.
“If government can provide adequate public schools, electricity, good roads and healthcare facilities, more youths will be attracted to agriculture.’’
To achieve this, the internet group president said, there was need for political will and leadership at every level to confront the challenges in agriculture.
“The machinery of government has to be harnessed to deliver the changes we want to see.
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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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