Business
Farmers Co-operative Boss Seeks Revitalisation Of ADP
The President, Etche
Farmers Co-operative Union, Mr. Godwin Akandu has advocated for immediate revitalization of the Agricultural Development Programme (ADP) across the country as priority step in the Federal Government diversification of the economy.
Akandu who spoke in an interview yesterday with The Tide in Port Harcourt said, AP is crucial in equipping rural farmers with the technical knowhow that would improve in the national agric programmes.
However, he expressed regret that across the country, ADP offices appear to be forgotten and stressed that more attention need to be given to ADP.
Akandu said, in the Etche office of ADP, reptiles and other dangerous animals have taken over the office which according to him is now in midst of wild bush”.
“You the begin to wonder how this terrible situation can help Etche farmers”, he said.
He maintained that until agric sector is given due attention, the economic diversification initiative would not go far, in view of the so much potentials as regards employment, provision of food and curbing of youth related crimes in the society.
He commended the present administration led by President Goodluck Jonathan for its Agric Transformation Agenda (ATA), saying for the last 20 years no administration has given the high level of attention to farmers as the present administration.
“For past 20 years, hardly do you see fertilizer on ground because they are being controlled by the big shots who pose as monopolists”, he said adding that today with ATA, farmers get fertilizer at highly subsidized rate.
“Again, you see improved seedlings, fingerlings being distributed to farmers at little or no cost. I commend the ATA initiative and wish that it should be sustained by the Federal Government irrespective of who occupies the office of the Presidency”, he stated.
He expressed disappointment over the poor attitude of local government councils to agriculture in the country, saying it is regrettable that the third-tier of the government which should show more interest to farmers because of its proximity to the grassroots, is not doing enough for the growth of agriculture in Nigeria.
The farmers Co-operative boss attributed this poor situation to the lack of autonomy to the third tier and appealed to President Goodluck Jonathan and the National Assembly to do whatever possible to ensure that autonomy is granted the 774 local government areas of Nigeria.
Chris Oluoh
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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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