Business
Senate Promises To Revamp Aviation Sector
The Senate Committee on Aviation, has assured that it will put the aviation sector back in shape, as well as review the entire industry step by step.
Making this known when the committee paid a working visit to the aviation parastatals, at the Nigerian Civil Aviation Authority (NCAA) conference hall in Lagos, the leader of the team and Deputy Senate leader, Bala Ibn Na’allah, said they will review the industry right from when there was money to now that there is no money.
He said the essence of their visit was not to indict any one or engage in the usual marathon inspection of the airport facilities, but to have a honest hearts to heart talk with the chief executives of the aviation agencies, inspect what is necessary and see how to move the industry forward.
“The industry is in trouble. We have been in self denial. We have not come to indict, we have come to see how we can bring the industry back on course. We will take the project.
“We have come to put heads together to see how we can put things right in the industry. We will review the entire industry one by one; before we had money, now, we don’t have money,” he said.
Na’altlah said that the committee would like to know how monies appropriated on some projects were spent. How much work has been done and when the projects will be completed.
He enjoined all parastatal chiefs to present areas where they require assistance of the committee in order to improve service delivery in the industry.
Senator that accompanied the leader on the visit include Senator Jeremiah Useni, Senator Rilwan Adesofi Akambi, Senator Mohammed Lafiaji, while chairman of the committee, Adamu Aliero, was unavoidably absent.
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 Delta4 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports4 days agoSimba open Nwabali talks
-
Nation4 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta4 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta4 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Rivers4 days ago
Fubara Restates Continued Support For NYSC In Rivers
-
Oil & Energy4 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
News4 days agoDiocese of Kalabari Set To Commence Kalabari University
