Business
FG Plans More Jobs Through NDE
The Federal Government
says it will utilise the National Directorate of Employment’s (NDE) vocational skills development programme to create jobs for unskilled and unemployed Nigerian youths.
A statement issued by the spokesman of the Ministry of Labour and Employment, Mr Samuel Olowookere said the Minister, Sen. Chris Ngige stated this on Friday at the 37th Kaduna International Trade Fair.
He said the era of white collar jobs was over, stressing that government would provide avenues for unemployed youths to acquire skills that would enable them secure gainful employment.
“Using the already existing 76 NDE skills acquisition centres nationwide, and those of other agencies of Federal Government including states, the vocational skills development programme of the NDE would be strengthened.
“The era of white collar jobs is gone and it is our duty to now re-create the blue collar job, which entails manual activities in the farms, mines and construction sites.
“We will also create pink collar jobs, which entails services provided by those who have the requisite skills in painting, tile and marble laying, electrical wiring, advanced mechatronics for automobile repairs, ICT services, among others.”
Olowookere said the minister disclosed that collaboration of the ministry with the Federal Ministry of Agriculture and Rural Development was significant in the diversification of the economy.
He said Ngige reiterated the commitment of the present administration to ensuring that every facet of the Nigerian economy received adequate attention in its drive to diversify the economy.
Olowookere said the acting Director General of the NDE, Mr Kunle Obayan, disclosed that 3,774 persons had passed through the skills acquisition programme.
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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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