Business
Rail Line, Panacea To Apapa Gridlock -NPA Boss
The Managing Director
of Nigerian Ports Authority, (NPA), Mallam Habib Abdullahi, has said that the provision of adequate rail lines connecting the ports with major cities in Nigeria remains a major panacea to the perennial problems of gridlock in Apapa area of Lagos State.
MallamAbdullahi made this assertion while speaking at a stakeholder’s forum with the Senate Committee on Maritime held at the Eko Hotels and Suites, Victoria Island, Lagos recently.
The NPA boss said his organization is the most affected and urged for immediate attention from the Federal Government.
The Managing Director recalled that the rail lines used to convey cargoes from the ports to other parts of the country are no longer functioning, adding that the resuscitation of these services will further reduce the hardship being faced by commuters and other stakeholders.
According to him, transportation of petroleum products by rail from the ports to the North, particularly Kano, which he witnessed as a youth no longer exist and therefore called on the relevant authorities to rise up to this challenge.
While pledging the readiness of the authority to complement the efforts of other agencies whose responsibilities it is to provide the needed facilities, he suggested that petroleum products could be piped from the ports to other destinations if the pipelines are also made right.
Earlier, the chairman of the committee and former Governor of Zamfara State, Senator Yerima Ahmed Sani, said the committee has embarked on the exercise as a result of the resolutions passed by the Senate expressing concern about the gridlock and the committee will not leave any stone unturned in ensuring that the problem of gridlock in Apapa is solved.
Having gone on inspection tour of the 400 capacity truck bay opposite Tin Can Island second gate, the chairman added that the sum of N1.5bn which the government is yet to pay the contractor is said to be the cause of the delay in the completion of the project. He said that the appropriate agency had been contacted to bring forward the matter for settlement.
Senator Sani called on all stakeholders to come up with suggestions on how best to combat the menace, pointing out that whatever affects the efficiency of the port operations affects the nation’s economy.
Nkpemenyie Mcdominic, 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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