Business
Osun: NUT Demands Payment Of Two Months Salaries
The leadership of
Nigeria Union of Teachers (NUT) Osun State chapter has called upon the state government to pay its members their November and December 2014 salaries.
Speaking to newsmen in Osogbo, Osun State capital last Wednesday, the state chairman of NUT Comrade Anludah Alade said the inability of the state government to pay their two months’ salaries had brought untold hardship to members of the NUT,
Alade said secondary school teachers in Osun state were yet to be paid their two months salaries, stressing that other categories of teachers had not received their January salary.
The union’s boss expressed regret that many of the union members could no longer feed their families, just as others had to walk long distances to and from schools daily, as they could not afford transport fares to their respective schools.
He said the union executive has urged the Osun State government to give payment of salaries topmost priority consideration stressing that NUT in the state was conscious of the financial situation of the state.
He explained that the union believes in meaningful dialogue with the state government on issues affecting the education sector in the state.
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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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