Business
NURTW Honours Nmerukini With Life Patron Award
The National Union of
Road Transport Workers (NURTW), Akey Zone, has honoured the Chairman, Rivers State Local Government Civil Service Commission, Chief Azubiuke Nmerukini, with life patron award.
At a reception ceremony organised in Port Harcourt, Saturday chairman of NURTW, Akey Zone, Comrade Eleazar Monday, said the honour was in recognition of quality leadership by the awardee to the organisation.
Monday stated that for the long period Nmerukini served the organisation, there was tremendous peace and stability, stressing that within the era, the union enjoyed harmonious relationship with the government, adding that record also showed no infighting between members and leadership.
“For these efforts, several visible contributions which upgraded the union mostly in Akey zone, wish to rejoice and celebrate our mentor as life patron of the zone”, he said.
In his reaction, the recipient thanked the body for the honour done him.
He remarked that all the zones that were created under him remain very active and viable, stressing that such development occurs when there is understanding amongst members and when the leaders are true leaders who consider the opinions of the people.
Noting the importance of NURTW in the growth of the society, Nmerukini urged the union leaders to keep the flag flying.
The secretary, Rivers State Council of NURTW, Sir, Comrade Chuks Boms, on behalf of the state council commended the recipient for his enviable legacy and thanked the branch for the progress it had recorded so far and attributed such to the unity and understanding between members and assured them of the continued support of the state council.
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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