Business
Bauchi Trains 16 Orphans In Shoemaking
Sixteen orphans,
sponsored by the Bauchi State Government, have started undergoing four weeks training in footwear manufacture at the National Institute of Leather Science and Technology (NILEST), Zaria.
The Coordinator of the programme, Dr Amali Ejila, called on the trainees in Zaria on Saturday to put in their best to acquire the necessary skills and knowledge.
He called on other state governments to emulate Bauchi state on youth capacity building programmes for societal transformation.
He hinted that preparations were in top gear to train 660 youths from Kano state in various trades.
The Director-General of the institute, Dr. Isuwa Kari-Adamu, said the training was the first of its kind.
Kari-Adamu, represented by Mrs Ziri Delo-Palu, a Director in the institute, said the initiative would provide the trainees with adequate skills and knowledge in footwear manufacture.
Kari-Adamu appealed to government agencies, the private sector and well-meaning Nigerians to sponsor more youths to undergo training and acquire skills
He described the four weeks training as a step toward moulding the orphans to become self-reliant and employers of labour.
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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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