Business
Environmentalist Tasks FG On Solar Energy
An environmental activist, Mr. Nnimo Bassey, has urged the Federal Government to invest the money for the proposed nuclear power project into solar power generation.
Bassey, stated this recently at the University of Port Harcourt, during an event on Peace, Nuclear Power and Types of Conflicts.
He said most times, the country proposes things without thinking about the money involved.
“The thing is that the power that this nuclear project will generate for the country can be easily generated from solar installation”, he said.
According to him, solar energy is safer and can be put in place without much expenses.
The activist further stressed that, such monies could be used, for renewable power development.
“if you have nuclear power, you must depend on the national grid, but with solar, you can target communities and neigbourhoods that do not have transmission lines”, he said.
He added that, with such an arrangement Nigeria could be adequately electrified.
Also speaking at the event, Mr. Chris Wear, said he is not in support of the plan for the Federal Government to build “nuclear plant in the country.
Wear, who bared his mind after shortly after a speech he delivered explained, that nuclear plants lead to radiations and leaks that are extremely dangerous, to the environment and health of the people.
“Nuclear power creates energy which leads to the production of a nuclear bomb and leaks can lead to radiationsd and expose health hazards to the populace”, he said.
According to him, nuclear plants are not suitable for developing countries like Nigeria.
Wear who is from Newzealand, disclosed that a similar move by his government was resisted by civil society groups that finally led to the shelving of the plan.
“My country, Newzealand, wanted to have nuclear energy and we had civil society campaign, we lobbied, parliamentarians.
“We said we do not want nuclear energy because it is dangerous and we were successful, and maybe, there are some people in Nigeria, concerned about the government ‘s plans that can do what we did to stop the government”, he said.
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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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