Business
New Union, Setback To Minimum Wage – Labour Leaders
Some labour leaders
last Monday in Abuja said that the formation of a new labour union would be a major setback to realising the demand for a new national minimum wage in the country.
The leaders made the assertion when they fielded questions from newsmen in Abuja on the emergence of a new labour centre.
The new labor centre emerged after a two-year internal crisis that split the Nigeria Labour Congress (NLC) into two opposing factions.
It would be recalled that no fewer than 25 industrial unions had elected Mr Joe Ajaero as President of the new labour centre called, United Labour Congress (ULC).
Some leaders in the labour movements, however, expressing mixed views on achieving the new minimum wage in the present circumstances.
President, Nigeria Union of Postal and Telecommunication Employees (NUPTEB),Mr Sunday Alhassan, described the new labour centre as a very sad story.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
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.
-
Niger Delta2 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
News4 days agoDon Lauds RSG, NECA On Job Fair
-
Sports2 days agoSimba open Nwabali talks
-
Nation2 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta2 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta2 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Oil & Energy2 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
Rivers2 days ago
Fubara Restates Continued Support For NYSC In Rivers
