Business
Confab Secretariat Confirms Payment Of Delegates’ Allowances
The National Conference
secretariat said on Tuesday in Abuja that it had paid the allowances of delegates to the conference.
The Assistant Secretary, Conference Proceedings, Dr Akilu Indabawa, disclosed this at the resumed plenary at the official venue of the conference at the National Judicial Institute (NJI).
Indabawa said that the secretariat had been inundated with so many enquiries from some delegates who had not received alerts of their payments.
“Some delegates gave business accounts but we cannot pay into business accounts but personal accounts of the delegates.
“We have paid for two weeks ahead from 17th March to 31st March. The payments covered accommodation and transport while sitting allowance is paid for Mondays to Thursdays.
“We are giving you the payment slips so that you can know how much you earned,” he said.
The secretary, however, said that there were still issues with GT Bank and asked delegates using the bank to bear with the secretariat till the issue is resolved.
Indabawa also said that the secretariat was making efforts to provide tags to personal aides of the delegates to address their complaints of constant harassment by the security personnel.
He, however, appealed to the delegates to reduce the number of their personal aides as the secretariat will only make provision for a driver and an aide for the delegates.
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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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