Business
TUC Urges Workers To Obey Govt’s Policy
The Trade Union
Congress of Nigeria (TUC), Rivers State chapter, has urged public service workers in the state to cooperate with the state government on policy directive to ensure effective industrial relations in the state.
Speaking to The Tide in Port Harcourt on Friday, the State Chairman of the union, Comrade Chika Onuegbu, said the cooperation was necessary to ensure proper policies implementation for the overall development of the state.
Onuegbu said the recent directive by the state government on the submission of Bank Verification Number (BVN) before February salary payment was a step in the right direction by the government in its effort to identify ghost workers in the service of the state government.
He charged every worker and union to support every genuine efforts aimed at identifying ghost workers.
The TUC boss enjoined the state government to collaborate with the unions for the successful and smooth implementation of the exercise.
Onuegbu also appealed to the state government to ensure that the exercise is not used to victimise, the workers or the union leadership in the state.
Philip Okparaji
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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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