Business
Housing Estate Residents Appeal For Drainage
Residents of the
Lowcost Housing Estate at Iriebe in Rivers State, have decried the lack of proper drainage system in the estate as the rainy season reaches its peak.
One of the residents, who gave his name as Mr. Badje, said in an interview that the lack of drainages has made living in the estate difficult, noting that the roads were constantly flooded and muddy.
Badje also said the rain water, which has no outlets, drain into the sewage tanks, saying, “this excess water causes our sewage tanks to fill up very quickly and start to overflow into the roads and also cause obstructions in our bathrooms, preventing us from using them”.
He further said, “this doesn’t only cause us some discomfort. It also causes us money as we have to drain the tanks two times in a year”.
He appealed to the state government and other relevant authorities to come to their aid to alleviate the plight of the residents.
The chairman of the Iriebe Lowcost Estate Landlords could not be reached as at press time. However, a close source disclosed that several appeals have been made to the state government through the State Housing Authority to provide drainages around the estate.
The General Manager, Rivers State Housing Authority, Mr. Iyerefa Cookey-Gam could not also be reached. However the Director, Legal Department, Mr. Thomas Adoga, who spoke on his behalf, said government was looking into the matter, adding that already, road contracts had been awarded.
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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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