Business
NAAT Urges Provision Of Pre-Paid Metres To Nigerians
The National Associa
tion of Academic Technologists (NAAT), has called for the provision of pre-paid metres for Nigerians to ensure the effective implementation of the reduction in electricity tariff by the National Electricity Regulatory Commission (NERC).
A communiqué issued after the association’s National Executive Council (NEC) meeting held in Ilorin, Kwara State capital, recently and signed by the President of the Association Comrade Sani Suleiman, said the slash in electricity tariff should be effected through making pre-paid metres available to customers by the appropriate authorities and electricity generating companies.
The association further urged the Federal Government to effect further reduction of petroleum product prices to N65 per litre with the communiqué, adding that the current price of N87 per litre is still on the high side to Nigerians.
The communiqué also demanded for the full implementation of the agreement reached with the Federal Government by the association in 2009.
The association urged Federal Government to as a matter of urgency implement the agreement it freely entered into with the association in 2009.
The Association said the 2009 agreement was designed to be reviewed every three years, stressing that the agreement has been due for revision since 2012.
The communiqué enjoined the Federal Government to set up necessary machinery for the re-negotiation of the agreement due since 2012.
Philip Okparaji
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
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.
-
News2 days agoDon Lauds RSG, NECA On Job Fair
-
Transport14 hours agoNigeria Rates 7th For Visa Application To France —–Schengen Visa
-
Nation13 hours agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta11 hours agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Niger Delta13 hours ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Sports13 hours agoSimba open Nwabali talks
-
Niger Delta11 hours ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Oil & Energy14 hours agoElectricity Consumers Laud Aba Power for Exceeding 2025 Meter Rollout Target
