Business
First Lady Partners MDG Office On Empowerment
The First Lady, Patience
Jonathan has expressed optimism that the collaborative efforts between her NGO and the MDG Office, will accelerate improvements in the economic wellbeing of women and youths.
The first lady’s non-governmental organisation, the Women for Change and Development Initiative (W4CDI), is collaborating with the Office of the Senior Special Assistant to the President on MDGs to achieve this.
Jonathan said this at the official commencement of the distribution of empowerment items to beneficiaries in Obio/Akpor Local Government Area of Rivers.
She said the gesture was significant because it had enabled her to support, alleviate the sufferings of the poor and ensuring that they also experience true joy.
She explained that her desire to serve was driven by the holy injunction.
She commended the efforts of Government Ministries, Departments and Agencies as well as public spirited Nigerians toward ensuring wealth creation and reduction of poverty in our society.
The first lady said such effort was in line with the policy of the present administration and also key to achieving the MDG targets, especially goal one, which was eradicating extreme poverty and hunger.
She commended the Senior Special Assistant to the President on MDGs, Dr Precious Gbeneol, for the resourceful integration of women empowerment and gender equality issues in the MDG goals.
“I note particularly, the MDGs Conditional Cash Transfer Scheme which has impacted positively on over 100,000 households from 2011 till date,’’ the first lady said.
She reiterated her commitment to the upliftment of the less privileged in the country.
“This disposition is in line with the principles of the administration of President Goodluck Jonathan, which is centred on good governance and respect for the rule of law.’’
She urged beneficiaries to ensure the effective utilisation of the items to ensure that the goals of income generation, wealth creation and poverty alleviation were achieved.
The items distributed include Sewing machines, Tricycles, farming tools and equipment, and grinding machines.
The others were roofing sheets, ceiling boards, fabrics, mattresses, blankets, detergents, soaps, cooking utensils as well as food items such as rice, tomatoes and sugar.
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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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