Business
Active Lines Reduced To 127m – NCC
The Nigerian Communica
tions Commission (NCC) has said that active lines in the nation’s telecommunications industry reduced to 127.09 million in the first quarter of 2014.
The NCC made this known in its Monthly Subscriber’s Data made available on its website. The liens were down by 1.90 million from 129 million recorded in the month of February.
The data showed that from the 127 million active numbers, the Global System for Mobile Communications (GSM) networks were serving 124.88 million subscribers against the 126.24 million customers recorded in February, losing 1.36 million of the lines.
The Code Division Multiple Access (CDMA) operators, who had more than 2.3 million users in February, lost 359,190 users, leaving them with 2,039,391 customers in the first quarter.
The subscriber data also showed that the Fixed Wired / Wireless networks consumers were reduced to 172,963 in March, after losing 184,649 from 357,612 subscribers.
The connected lines in the telecoms operators networks also reduced from 177.23 million in February to 173 million in March, a shortfall of 4.22 million.
It said that the GSM operators were able to connect an extra 1.22 million lines to the 167.37 million lines they had in February, “hence, increasing their connected numbers to 168.59 million in March”.
The data said CDMA networks lost 3.53 million from the 7.62 million lines in February, leaving them with 4.08 million connected phone numbers in the first quarter.
The Fixed Wired / wireless operators with 2.23 million connected numbers in February lost 1.91 million, leaving them with just 327,524 connected lines. The data showed that telecoms subscribers were dumping their telephone lines, thereby showing the decrease in active line.
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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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