Business
‘Employment Opportunities Abound In Housing Sector’
The Housing sector in
Nigeria has been described as an employment haven for unemployed youths.
A director in the Rivers State Housing Authority, Mr Thomas Adoga, made this statement while addressing students of Enitona High School, Borikori, at a career counselling forum organised by Rotary Club of Port Harcourt, Garden City, District 9140.
Adoga, told the students that with the present state of the nation’s economy they needed to search for employment elsewhere other than the oil sector.
He observed that there are too many unemployed youths with eyes on the oil and gas sector, saying that the housing sector presents huge opportunities for the realisation of the unemployed youth’s dream of becoming an income earner.
He said, “there are at least 56 housing related jobs that can take you off the unemployment list and off the streets”.
He expressed regret that skilled jobs that should have been taken by Nigerians were now being filled by artisans from neigbouring African countries.
According to him, “the shortage of artisans in various fields in the industry has led to the influx of artisans from neighbouring countries such as Niger, Chad, and Benin to flood the industry and take up jobs meant for Nigerians.
He noted that government has a housing programme that when implemented would open up greater employment opportunities and advised them to choose careers that would make hem employable and self reliant.
Tonye Nria-Dappa
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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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