Business
Rivers Community Tasks NDDC On Access Road
The people of Umuegwu-Umueze Community in Omuma Local Government Area of Rivers State have appealed to the Niger Delta Development Commission (NDDC) to consider rehabilitating the link road joining them with other communities both in Rivers and Abia states.
A paramount ruler in the area, Eze Sylvanus Ogbueri made the appeal in an interview with The Tide in Port Harcourt, Thursday.
Ogbueri said the socio-economic life of the community was tied to the road but regretted that for years the road was abandoned because of its impassable state and urged the commission to come to the rescue of the people.
Ogbueri disclosed that from his personal effort, he hired the services of a construction company to grade the road after many years of abandonment and appealed to NDDC to help them in tarring and providing other components of the road.
The traditional ruler expressed worry that in spite of the fact that the community is a major oil-producing area, the natives were allowed to suffer such hardship.
The road called Uzo-Ikpor, he said exposed people to security challenges due to its poor state and that the two major markets – Afor-Ogwe in Ukwa West Local Government Area of Abia State and Orie-Umueze in Umuogba, Omuma Local Government Area of Rivers State were being cut off from the people.
“For our people to go to Afor Ogwe or our neighbours in Abia to come to our market Orie-Umueze, they have to pass through other roads which are very far from them,” he said, adding that this is posing serious economic challenge to the natives.
Ogbueri further noted that the poor state of the road was also affecting security personnel in patrolling the areas.
We appeal to the commission to come to our help because we are predominantly farmers and the state of the road is greatly hindering access to our farms, markets and also posing security challenges to us,” he said.
Chris Oluoh
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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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