Business
Don Tasks Managers On Corporate Goals
Managers have been charged to draw lines and obey them, if they plan to succeed in their positions.
This was part of the message captured from Prof. Seth Accra-Jaja’s 37th inaugural lecture titled, “Breaking the Management Coconut,” last Wednesday at the Rivers State University of Science and Technology campus in Port Harcourt.
He was of the view that successful managers are dogged men who do not shift grounds unnecessarily.
Accra-Jaja, said those managers who draw lines but do not maintain such are not good industry drivers.
The management professor, was specific about African managers, saying they disobey even their drawn lines.
Another way for a manager to succeed, he said, was to set standards in line with societal values.
He explained that, any standard that was set below the societal value by any manager may not see the light of the day.
Accordingly, the acting Vice Chancellor of the University, Prof Blessing C. Didia, has urged all managers as well as lecturers to make the lecture topic their companion.
Describing the lecturer as an erudite scholar, he said the potency to the lecture was capable of transforming a bad manager to the best.
Meanwhile, he has urged all managers to use their positions as change agents in order to match Governor Wike’s plans for the state.
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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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