Business
NDDC To Institute GEMS, Excellence Award For Women
The Niger Delta Develop
ment Commission (NDDC) says it has concluded arrangements to commence the Girls in Engineering, Mathematics and Science (GEMS) Programme, and to also institute the Queen Kambasa Awards for Excellence.
The acting Managing Director, NDDC, Mrs Ibim Semenitari, disclosed this Thursday at an event marking the International Women’s Day celebration at Hotel Presidential, Port Harcourt, the Rivers State Capital.
Semenitari said, “GEMS aimed to encourage young girls in the region to embrace science and technology, as well as to provide quality manpower that will enable them participate in the predominant oil and gas sector of the region,while the Queen Kambasa recognizes and rewards achievement of Niger Delta women in different spheres,” and in doing so, inspire women to excel in whatever they do.”
She stressed the need for all people especially those with good conscience to support the campaign for equal opportunities to women as she described the present status quo as male –dominated.
The NDDC boss noted that the World Economic Forum had predicted in 2014 that it would take till 2095 to achieve global gender parity, but unfortunately last year’s estimation of the pursuit of the goal indicated frustrated snail pace and gender gap would not close entirely until 2133.
“That must change. Women cannot continue to be surprise package on the platform of historic and global achievements, their worth only recognised because they overcome hurdles, their roles in society restrained by prejudice, fear and to sub-plots,” she said.
While pledging for parity in the societal gender equation, she promised that women would be accorded fair attention in NDDC scheme of things because of their importance in the sustainable development of the region.
Highlight of the event was a stage play in commemoration of International Women’s Day with the title “Little Drops.”
The play which was written by a Niger Delta Playwright, Professor Ahmed Yerima, tells a story of the challenges and struggle of the Niger Delta and its hopeless frustration on the youths and women in the region.
Noting that it was as a result of the difficulties associated with oil exploration that the federal government established NDDC to bring sustainable development in the area.
She promised that under the present administration led by Muhammadu Buhari and its standard of probity, due process, proper application of funds, clarity of vision and engagement, NDDC would ensure greater synergy and accelerated growth in the region.
Chris Oluoh
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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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