Business
RSG Seals Collapse Building …NIOB Wants Review of Building Law
The Rivers State Government has sealed up the collapsed three- storey building at Alakahia along the East-West Road, Obio/Akpor local Government Area of Rivers State.
The Commissioner for Urban Development and Physical Planning,Barr .Chinyere Igwe, who stated this at the weekend when he visited the scene to ascertain the situation directed that integrity test be conducted on the site to ascertain the immediate and remote cause of the collapse.
Igwe expressed happiness that no death was recorded as a result of the incident and warned against anybody venturing near the vicinity.
According to him, We are happy that no loss of life was recorded. We appeal that nobody should go near the collapsed building as there is still evidence of more likely collapse of the building’’.
The Tide gathered that as at the time of the inspection,both the contractor and the builder were not available as information gathered revealed that they were not present at the time of the incidence.
The Tide was informed that the incidence occurred at early hours of Wednesday and stressed that the cause be as a result of poor architectural design and improper use of the building materials.
Meanwhile, the state chairman of the Nigerian Institute of Building (NIOB),Moses Ugheoke has
advised that government should review the building process, adding that the law is overdue for review.
According to him, NIOB has been advocating that all building constructions in the country should be handled by professionals and the approval processes, including the physical planning should also be review.
Ugheoke said some of the problems come from the approval stages, adding that if the institution is engaged in the physical planning stage, some of these collapsed building cases would be a thing of the past.
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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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