Business
Port Manager Wants Firms, Hosts To Interface
The Port Manager, Onne/Ikpokiri Port Complex, Rivers State and Chairman, Joint Free Zone Community Relations Initiative, Alhassan Ismaila Abubakar, has disclosed that the body is inaugurated to interface between the companies and the Community Liaison Officers (CLOs) on issues as well as to foster continuous peace and growth of the economic activities within the Port complex and their host communities.
Abubakar, made this known during a seminar organized by the body for CLOs and Stakeholders in Port Harcourt, Friday.
He said there was a long standing need to harmonize the appointments and activities of the CLOs and the host communities as to bring them under one umbrella, interact and interface with them to know their feelings in a bid to find solution for industrial peace and cordial business environment.
According to him, the host communities of the Port, which are Onne and Ikpokiri have realised the importance of peace, even with the economic recession, as it would not benefit anybody if companies were closed down due to insecurity or restiveness and enjoined them to maintain that spirit.
The Port manager also hinted that the body is to bridge communication gap between the companies, host communities and other stakeholders and foster relationship to enhance peace and growth of economic activities in the Port Complex and the Free Zone, adding that they are to intervene and settle industrial disputes between companies and host communities or even company against company.
Chairman of the body also noted that they are to work in synergy with security agencies to resolve security matters with companies carrying out community development as well as provision of infrastructures, community youth empowerment scheme, regulate and provide employment for the host communities and also provide skill acquisition training and scholarship for the youths.
Abubakar advised the CLOs to give quarterly report to their communities, companies and their body for update in their activities and relationship and also checkmate and access their performances and thanked all for their cooperation.
Collins Barasimeye
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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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