Business
NITDA Lists Gains Of Local Content Policy
The National information Technology Development Agency (NITDA), has said that the local content policy of the Federal Government on Information and Communication Technology (ICT), would reduce the importation of ICT software into the country.
Director-General, NITDA, Dr Isah Ibrahim, gave this indication at the 2017 International Day of Girls in ICT in Abuja.
Speaking through the Assistant Director, Information Technology Infrastructure Solutions, Mr Salisu Kak, the DG said, the agency has made it compulsory for contractors to ensure that at least the computer systems they buy were from local Original Equipment Manufacturers (OEMs) in Nigeria.
According to him, “in 2013, there was the local content policy passed by the federal government on ICT and NTIDA being the regulatory agency, has quickly established office of the national content on ICT (ONC)”.
Additionally, he said, “this office is saddled with the responsibility of ensuring that at least 30 percent of whatever we consume locally or within the country, there is local component of it that is from the hardware to the software aspect of it”.
He further said, the agency has created enabling environment that would allow genderless communities at different levels to have equal opportunities in terms of digital divide.
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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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