Business
Jos To Get 80 NHS Houses, June – Minister
Eighty units of houses, built under the National Housing Scheme, have reached 70 per cent completion and would be inaugurated in June, Minister of State for Power, Works and Housing, Mr Mustapha Shehuri, has said.
Shehuri disclosed this in Jos, when he paid a courtesy call on the Deputy Governor of Plateau, Prof. Sonni Tyoden, yesterday.
He said that Plateau State was one of the beneficiaries of the pilot scheme of the housing programme.
According to him, the project consists of 4 units of 1-bedroom semi-detached houses, 48 units of 2-bedrooms, semi-detached, and 28 units of 3 bedroom semi-detached homes.
He said that the project, which commenced in February, would be completed and occupied in June this year.
The minister said that Nigerians, who could contribute a specified amount to the Federal Mortgage Bank, were qualified to own a house in the scheme.
Shehuri appealed to the state government to construct feeder roads that would link Rayfield to Laminga, where the houses were being constructed.
Responding, Tyoden assured the minister of the state government’s readiness to construct feeder roads that would link Rayfield to Laminga.
He appealed to the minister to address the issue of the abandoned 132 KVA line from Makara in Pankshin, noting that the abandonment had caused much hardship to the communities.
Tide source reports that the minister, who had earlier inspected the housing project, expressed delight at the level and quality of work.
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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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