Business
Minister Tasks Agric Produce Exporters On Standards
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, last Thursday urged exporters to ensure that all agricultural produce for export met the highest global standards.
Ogbeh, gave the advice at the Flag-0ff of the Nigeria Yam Export, organised by the Technical Committee on Nigeria Yam Export and the Federal Ministry of Agriculture and Rural Development in Lagos, Thursday. According to him, the Federal Government will not condone the embarrassment if yams exported to the UK and US are rejected.
“To ensure quality control at every point of the yam production is, therefore, essential.
“As a farmer, l will implore my colleagues to check the infidelity among trusted staff and ensure that a bad yam is not added to the consignments for export.
“The Federal Government is set to achieve a milestone in the effort to restore Nigeria into the agro- commodity export market.
“This we are doing by exporting the first consignment of certified yams to the UK and US today,’’ he said.
Ogbeh said that the success of the Nigeria Yam Export Programme was expected to trigger increased income, enhance standard of living and promote job creation.
He said that, it would also enable participation of women and the youth in agriculture through the development of innovative entrepreneurial endeavours on a sustainable basis.
The minister said that the yam export programme was one of many of Government’s import substitution drive and an approach to diversify the nation’s economy through the agricultural sector.
He said that, the Federal Government would promote research development in yam production, processing, storage, packaging and marketing, among others.
Chairman of the Technical Committee on the Nigeria Yam Export Programme, Prof. Simon Irtwange said that, the Committee had worked within the Minister’s charge in February, to export the first yams in five months.
He said that the Committe had also presented a memorandum on a blueprint for the development of Yam Value Chain, production, marketing and exportation to the minister.
Irtwange said that the committee would need a Yam Terminal, National Yam Park house facilities and warehouses at the receiving countries, among others.
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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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