Business
NIS Recruitment Stampede: FG Moves To Employ Victims’ Relatives
The Federal Government says it has concluded plans to employ families of dead victims and other injured persons of the 2014 immigration recruitment stampede.
The Minister of Interior, Abdulrahman Danbazau, told newsmen, yesterday in Abuja, shortly after defending the budget of his ministry before the Senate Committee on Interior, that the ministry would soon issue employment letters to those affected.
“We have decided that we are going to finally take them on board, so very soon we will issue them their letters of employment.
“We have a committee that is looking at the overall exercise and on the other aspects, we will take decision later.
“There is a presidential directive, and we are implementing that directive, so, yesterday, we took a final decision on that. They will get their letters of employment as soon as possible.
“It is now for the board to sit down and organise the process, we want to ensure that the process is transparent so that nobody can criticise it in the future,” he said.
The minister stated that the ministry would at a later date also look into the case of others who participated in the recruitment test.
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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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