Business
ANCLA Urges Synergy Among Freight Forwarders
The Association of Ni
geria Licensed Customs Agents (ANCLA) has tasked freight forwarders in Nigeria to ensure that they work in line with the principles of networking among themselves in order to promote best and effective practices in the business.
The National President ANCLA, Olayiwola Shittu, gave the advice on Friday at ANCLA House Onne, while speaking with The Tide.
Shittu said customs agents need to take advantage of the business opportunities embedded in break-bulk conferences across the world to strive in the business of feight forwarding and clearing stressing that the new trends of business opportunity demand a lot of networking for growth and sustainability.
He said the essence of the break-bulk conference is to ensure that the business of freight forwarders go beyond the immediate microcosm level of their operations, stressing that the idea of break-bulk was to assist expand the business horizon of freight forwarders to be conversant with what is obtainable other climes.
The ANCLA boss said networking is now modern in the business of clearing and forwarding since it involved absorbing international best practices.
He said ANCLA has always been in the fore-front of pushing for an enabling business environment which is the reason for appreciating what break-bulk conference is doing to educate people on business opportunities in clearing and forwarding .
Shittu explaind that break-bulk as part of the activities of freight forwarders was organised to run business conferences and exhibitions as a process of bringing projects to the knowledge of business owners across the world and seek the needed resources to backup the business.
The ANCLA National President also commended members of the association operating at Onne port and urged them to conduct their business within the framework of the rules and regulations stipulated by the authorities.
He enjoined the association members to conduct their forthcoming election peacefully.
Philip Okparaji
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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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