Business
Commissioner Tasks CAN On Policy Compliance
The Cross River State
Commissioner for Agriculture and Natural Resources, Mr James Aniyom, has enjoined the Cocoa Association of Nigeria (CAN) to always appreciate the state government’s policies in the interest of the state.
Aniyom who made the call in Calabar, in an interactive meeting with CAN officials and cocoa farmers over compliance issue said the meeting was an attempt to resolve the problems between the ministry and the association.
The commissioner stressed the need for the officials of the association to first see themselves as Cross Riverians and allow the love of the state to be paramount in their actions.
He expressed displeasure over the open protest by the association to register their displeasure with government levy, saying that his office was open for dialogue.
Aniyom reminded them of the need for them to pay their tax or any levy to government when necessary.
The Commissioner called on CAN members to work towards setting up a cocoa processing plant as a way to boost the cocoa industry in the country.
Responding, the National President of CAN Mr Siana Rima, commended the state government for resolving the crisis in the sector, and expressed optimism that the ongoing dialogue would be fruitful.
He said the CAN had always partnered with government to develop the economy, and would continue to do so for the general interest of the state.
Rima also called on government to handle the issue of non-compliance properly as most cocoa farmers were graduate who chose to go into farming, than take to crime.
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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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