Business
Group Tasks Youth On Skills Acquisition
Following the rate of
unemployment in the country, young people have been tasked to pay more attention to skill acquisition as to make themselves relevant in the labour market.
The chairman, Elekahia, Human Resources Development Youth Association, (EHRDYA), Dr Lawrence A. Boms, said this last weekend, during the graduation ceremony of the 129 youths on various skills in Port Harcourt.
He said skill acquisition programmes would enable them to be self reliant and as well generate employment opportunities.
Boms, who spoke through Sir Edmond Minini, charged the trainees to utilize the opportunity and forge ahead as future employers of labour.
The EHRDYA boss, noted that if they did not play down on the training received so far, that both the country and their immediate family would benefit from the system.
In his remarks, the Rivers State Commissioner for Youths Development, Sir Owene Wonodi, challenged other Nigerians to copy from the group and act in like manner.
The commissioner explained that the association and its leadership have done credibly, adding that such tempo ought to be sustained.
He maintained that the gesture has placed the youths on the right footing, saying that it has provided them with a platform that would enable them tackle future challenges.
The Tide gathered that some of the skills acquired included, bread making, paint production, computer training, Ankara craft, among others.
One of the beneficiaries, Gift Dike, lauded the organisers for their kind gesture and promised to utilize all the knowledge he has acquired in the programme.
He however, stressed the need for personal skill acquisition, saying that it was the best form of empowerment.
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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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