Business
MTN Boss Explains One Card, SPAR Partnership
The senior manager, Business Development, MTN Nigeria, Mr Usman Idris, says the partnership with onecard and SPAR was a product of the company’s commitment to explore different ways of taking service closer to its customers.
He gave the explanation while launching the product recently in Lagos.
Idris said the MTN-SPAR partnership was built around providing its customers with a good shopping experience.
He explained that the platform would enable customers to parchase at SPAR stories MTN airtime as low as N10 and above.
According to him, the importance of providing easy solutions to Nigerians in this technological era was the partnership with SPAR and the availability of airtime denominations in all park shop stories nation wide.
The Tide gathered that this move was in continuation of its drive to enhance service delivery to its customers in the country.
In his own account, the General Manager, one card Nigeria, Mr Femi Muka, said that one card was desirous to raise the bar in the provision of simple and top up methods to Nigerians.
He noted that the onecard service system has provided a wonderful experience for its customers in the country.
Some costumers who spoke with Tide Tide in Port Harcourt, Wednesday, said they are yet to experience the system and details of its operation.
They lamented that the partnership would have been with other network providers rather than MTN, saying that the network provider was not customers friendly.
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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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