Business
LCCI Appoints New Corporate Communications Manager
The Lagos Chamber of Commerce and Industry (LCCI) has appointed Mr Segun Alabi as its Corporate Communications Manager.
This is contained in a statement in Lagos on Thursday signed by LCCI Acting Corporate Communications Manager, Mr Sunnie Omeiza-Michael.
Omeiza-Michael said that Alabi would be vested with the responsibility of managing internal and external communications for the chamber.
He said that before joining the chamber, Alabi had worked with the Nigeria Television Authority and Multichoice Nig. Ltd, among others.
Omeiza-Michael said that Alabi would be bringing to the chamber “a wealth of experience from public speaking, media relations, community engagement, and image perception architecture’’.
He said that the Alabi was the founding editor of segunscorner.com, a Website devoted to public relations, news, current affairs, “mind your lingual’’ and motivational messages.
Alabi holds a Master’s degree in English Language from the University of Lagos.
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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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