Business
Bizman Cautions Against Use Of Expired Gas Cylinders
Cooking gas users in
the country, have been warned against the use of expired cylinders, over its high risk of fire accident and explosion.
This was revealed by a gas engineer, Mr Marcus Elendu, in a chat with The Tide Friday in Port Harcourt.
He blamed most domestic fire accidents on the use of expired gas cylinders and carelessness of the users.
Elendu, explained that gas cylinders have expiring dates just like any other product.
He did not give the exact duration, but advised that gas cylinders should not exceed two decades.
The gas expert, called on the Standard Organisation of Nigeria (SON), to mount checks at gas re-filling stations as to enable them confiscate expired cylinders.
He regretted that some issues that concern the common-man were not taken seriously by the government and its agencies.
According to him, if concerned authorities could pay more attention to some products that are used by the commoners, the incidence of fire out break and industrial accidents would be reduced to its bearest minimum.
He further sued for the overhaul of all gas cylinders manufacturing industries as to enhance the quality of the product.
Blaming gas cylinder builders on what he tagged quick means of making wealth, he said more pragmatic steps should be followed as to restore users hope.
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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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