Business
Customs Reforms Aimed At Increasing Revenue Collection -Official
The Public Relations Officer, Tin-Can Island Customs Command, Mr Chris Osunkwo, has applauded the Comptroller-General of Customs, retired Col. Hameed Ali’s bold initiatives towards reforming the service and increasing revenue.
Osunkwo gave the commendation in an interview with newsmen in Lagos on Thursday.
“What has been happening is not out of place. Every government has its own style.
“When the new CGC was appointed, he has three-point Agenda.
“He comes to customs to reform, restructure and increase revenue and everything that has been happening since his assumption of duty has been in line with his agenda.
”He released the 20-point policy thrust. So, there is nothing that has been happening that is out of place.
”He sounded the notion that look I have come with a mission and we will have to work to drive his mission.
“I do not think there is anything out of place that has happened. Change, whether adverse or positive is welcome.
“All of us keyed into the change mantra and we are all change agents.
“To our mind, nothing extra ordinary has happened.”
Osunkwo said that the comptroller-general was determined to instill discipline, adding that no military and para-military organisations that could survive without discipline.
He said that a stakeholders’ forum would hold in two weeks’ time to map out strategies for enhancing revenue collection by the command.
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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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