Business
Analyst Tasks RSG On Workers’ Leave Grants

Governor Simon Lalong of Plateau State left), signing the 2016 Appropriation Bill into law in Jos on Tuesday. With him is the Plateau State Commissioner for Finance, Tamwakat Wali
A financial analyst, Mr
Singtoh Oko, has called on the Rivers State Government, to discontinue the process whereby civil servants’ leave grants are built into their monthly salaries and spread through the year.
Oko, who came up with this in an exclusive interview with The Tide, on Wednesday in Port Harcourt, explained that it was better to pay leave grants in bulk to workers when they were due for annual leave.
He explained that apart from the fact that civil servants got their leave grants enbloc when they were due to proceed on annual leave, the scenario changed under former governor Rotimi Amaechi.
Oko, a Rivers State University of Science and Technology (RSUST), trained Accountant, opined that the governor may have felt that paying in lump sum would have adversely affected the economy of the state.
He said that the possibility of having more workers proceeding on annual leave at particular periods could not be ruled out, a situation he explained might be responsible for the past administration to have taken such a policy action.
However, despite whatever reasons the government had then, Oko explained that it was not palatable to the civil servants.
“To a civil servant, though the amount is the same, it is not beneficial to them”.
“Though it is the same amount spread over twelve months, the difference is that when it is a lump or bulk sum and one was going home with it, for that moment one would buy a reasonable item”, he said.
Throwing more light, he said if the government in the future decides to return to the status quo, civil servants should realise that the monthly grant would then be expunged.
According to him, if proper sensitisation was not carried out, certain workers might feel that they have been short-charged.
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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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