Business
Bizman Tasks Nigerians On Time Management
Nigerians have been
charged to change their attitude to time factor in the conduct of their socio-economic activities.
A business consultant and alumnus of Junior Chamber International (JCI), Mr Kalada Apiafi, made this call at a cocktail party organised by the Port Harcourt Metropolitan Chapter of the body in honour of the National President, Seun Osikalu, in Port Harcourt.
Apiafi, who described time as one of the most important and critical factors in the socio-economic life of any society noted that Nigerians do not display discipline and needed seriousness hence valuable time is being wasted in both economic and social ventures.
He explained that because of poor attitude to the use of time factor, so much wastes are recorded in Nigeria.
“You can imagine transactions that should take two hours dragging for over four hours. If you know the importance of time in terms of monetary value, it amounts to avoidable waste,” he said.
Apiafi blamed government functionaries more, saying it is wrong for any highly placed official to feel that he or she ought to arrive last at a function organised by his office or ministry.
Any commissioner, chairman of local government area or parastatal who thinks he or she should appear in a function organised by his office only when all invitees are seated is making a big mistake. He or she ought to be there first to welcome invitees,” he said.
He advocated for change of attitude and maintained that those in positions of authority should lead in the orientation for the interest of the society.
Chris Oluoh
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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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