Business
Council Trains 2, 000 On Fruits Export
The Nigerian Export
Promotion Council (NEPC) has trained over 2 000 youth in Benue on fruits export to enhance their skills and foreign earnings.
The Controller, NEPC in Benue, Mr Emmanuel Etim, said in Makurdi that the one day workshop was organised in collaboration with the Benue Investment and Property Company (BIPC).
He explained that the training was aimed at boosting the state’s economy and food security through proper storage.
Fruits targeted for export are pineapple, oranges, mangoes and organic oyster Mushroom.
According to Etim, production protocol for export was the basis for the workshop.
”The programme is initiated to diversify non oil export trade further from the traditional export products in the state such as sesame seeds, Cashew nuts, Groundnuts, Yam, Cassava based products, sheanut/butter,” he said.
He said the workshop also aimed at exposing participants to the enormous wealth accruable from mushroom and pineapple exports.
The workshop will increase the number of products in the export basket of the state and engage especially the youths in productive ventures hence curbing youth restiveness.
”It will further diversify the nation’s export away from oil and the traditional export products,” he said.
The NEPC boss expressed optimism that the forum would go a long way in the economic emancipation of the people, wealth creation; employment generation and enhance export performance in the state.
”Above all the workshop is meant to generate viable cooperative association from the participating youths, farmers’ groups and other stakeholders,” he said.
In his speech, the Commissioner for Youths and Sports Development, Mr Lawrence Onoja said engaging youths in the agriculture sector would reduce unemployment drastically.
The commissioner commended the NEPC on efforts made in the state to diversify its economy by expanding and increasing non oil exports.
Onoja urged participants drawn from the 23 local gGovernment areas to grab all opportunities given to enhance wealth creation.
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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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