Business
FAAN Intensifies Security Check At Airports
The Federal Airport Au
thority of Nigeria (FAAN) has said that it had intensified special security check of individuals and vehicles accessing all the nation’s airports.
The General Manager, Corporate Affairs of FAAN, Mr. Yakubu Dati, who disclosed this to newsmen in Lagos recently said that the authority was committed to securing the airports and their users against pilfering and terrorism.
He warned that all persons found loitering around any of the nation’s 22 airports would be arrested and be prosecuted.
The FAAN official also stated that strict security measures were being taken to check the menance of touting and terrorism within and around the airport vicinity.
According to him, all illegal structures around airport runways, particularly in the Lagos area would be demolished, as “All necessary gadgets have been put in place and we are putting more to ensure the safety of all airport users.
All movement are now being closely monitored and recorded.
“We have been compelled in the past to bar some individuals or bodies from the airport for security reasons. There is also now restriction on the issuances and use of on-duty cards at the air port,” he added.
Dati maintained that the airport authority believe that some persons should not have unhindered access to restricted areas at the airport.
He also stated that all the airlines have been advised to ensure the strict compliance of all their passengers and staff with the safety regulations and security procedures being put in place.
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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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