Business
New Labour Leaders Set To Rekindle Workers’ Hope
As the organised Labour
Leaders in the country gathered in Abuja for this year’s delegates conference to elect new leaders for the Labour movement, expectations are high that the new leadership will rekindle workers’ hope in the congress, ability to protect workers welfare in Nigeria.
Speaking to newsmen on the expectation of the new leadership, the Non-Academic Staff Union (NASU) Secretary General Comrade Peter Adeyemi said that the organised Labour has not failed Nigerian workers and the masses.
Adeyemi said that the organised Labour at the end of the election must re-enact the ideal that the Labour Movement stands for to protect the Nigerian Workers against obnoxious policies of government.
The NASU scribe said that the Labour expectation is that the congress at the end of the election would be able to produce visionary, effective, functional leadership that will restore the lost glory of the number one Labour centre in Nigeria.
He said the Labour has not lost its firebrand and activism in the present day Nigeria, stressing that the NLC still represent the hope of the workers as it used to be in the previous years.
Adeyemi said it is true that Labour leaders have different styles of leadership, but stressed that an average Labour leader would be quick always to defend the disposition of Labour and the workers in the present sphere of reality in Nigeria .
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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