Business
Assembly Moves To Demolish Two Filling Stations
The Kwara State House of Assembly, says it has not rescinded its resolution to demolish the two remaining illegal petrol filling stations out of four constructed in a densely populated areas in some parts of llorin.
The House Leader, Alhaji Hassan Oyeleke, made the clarification while speaking with newsmen on reasons for delaying the demolition of the two stations.
The House had, after adopting the report of its ad hoc Committee on Proliferation of Filling Stations in October 2016, ordered the demolition of four stations located in a densely populated areas in some parts of llorin.
Two of the stations were demolished in early October 2016 under the supervision of the state Town Planing Development Authority.
When the locations of the two yet to be demolished sites were visited by The Tide source on Thursday, business activities were not in progress.
The Leader of the assembly, Alhaji Hassan Oyeleke, wondered why the remaining two were yet to be demolished in compliance with the resolution.
He said the decision of the House to ask for the demolition was still in force which could only be upturned at a plenary.
“If there is new fact to upturn the decision of the House, it will be discussed at plenary; the stand of the House remains binding.”
In his reaction, the state Commissioner for Housing and Urban Development, Alhaji Muideen Alalade, said the ministry was working to demolish the other two stations.
He attributed the delay in compliance to some logistic problems.
The commissioner said the two affected stations had already stocked petrol in their pits which needed the service of experts to exhume the tanks before the demolition could take place.
Alalade said the stations were not transacting any business anymore.
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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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