Business
750 Youths Receive NDE Empowerment
The National Directorate of
Employment (NDE), in partnership with six local government areas in Akwa Ibom State, has empowered 750 youths and women in the state in the last 11 months.
The Coordinator of the Programme in the state, Mrs Patience Osunkwo, disclosed this in an interview with newsmen in Uyo.
Osunkwo said that the six local government areas that partnered with the directorate were Okobo with 140 youths trained in various skills and Ibeno, where100 persons also got the training.
She said that 120 youths were trained in Ikono, 120 in Ika, 120 in Ikot Ekpene and 150 in Essien Udim.
“We have trained them in these marketable trades like welding and fabrication, plumbing, catering, hairdressing, computer operation, and GSM repairs.
“Other areas of the skill training include outboard engine maintenance, video production, photography and cane chair production.’’
She said that the training lasted for a period of six months during which the trainees were paid transport allowance of N5, 000 each by the local governments.
The coordinator said that the trainees in some local government areas were however paid N10, 000 each and given a meal per day.
She said that all the trainees were given starter packs by the respective councils at the end of the programme to enable them to start businesses of their own and employ others.
She added that they also sat for Trade Test Examination and National Technical Examination Board Examination, so that they could get employment in the public service.
Osunkwo said that most of the trainees had been employed by some organisations while others had started their own businesses and employed others in the state.
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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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