Business
Researcher Advises Farmers On Natural Manure
A researcher in agri
culture Dr. Dan Enyinna have advised farmers in Rivers State to consider investing in natural manure.
Enyinna, a researcher at the Africa Regional Agricultural Research Center Aluu, gave this advise in an interview with The Tide in his office at Aluu.
He said, farmers in the state should plan on building natural manner farms for sale to other farmers.
The don stated that natural manure farms would help replenish the soil and increase yield without the risk of poisoning consumers.
According to him,” manure from animal droppings and compost processing remain the most effective way of increasing yield thereby increasing farmers income.
He noted that misapplication of artificial elements from fertilizers was the reason for low produce in some crops, adding that these elements also have adverse effects on the soil and humans.
He observed that the federal government had placed a ban on some export crops on account of uncontrolled application of pesticides to the crops in the farm and at the point of export and appealed to the government to reverse the ban.
Tonye Nria-Dappa
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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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