Business
NPA, C RSG To Check Illegal Structures Around Calabar Port
The Nigerian Ports Authority (NPA) and the Cross River State Government have entered discussion on how to tackle the challenge posed by the proliferation of illegal settlements around the Calabar Port.
The Managing Director of NPA, Mrs Hadiza Usman, disclosed this in an interview with newsmen in Calabar.
Usman expressed concern over the springing up of residential buildings around the port and said that if unchecked, could hamper operations of the port.
“The governor has raised concern over the illegal settlements around the port and he has assured us of his commitment to restraining such settlements from proliferating.
“We have observed that there are settlements that are actually illegal and the state government needs to do something to remove them,” she said.
Usman however lauded the cordial relationship between Calabar port management and the host communities, especially the traditional institutions.
“We appreciate what is being done here. We appreciate the support from the host communities.
“I will single out the Obong of Calabar for his role in ensuring a peaceful relationship with Calabar port management,” she said.
She appealed to the Federal Ministry of Works to expand the federal roads linking Cross River with states in the North East and North Central zones of the country.
The managing director said expansion of the roads had become necessary for easy movement of trucks from the port which she said was expected to be dredged in no distant time.
“We want the relevant authorities to expand the federal roads linking Cross River with other states in the North East and North Central regions.
“This is to enable big trucks carrying cargoes from the port to convey them to these areas.
“We are also working with the Federal Ministry of Transportation to ensure that the coastal rail project is extended to Calabar port so that we can have seamless cargo evacuation.
As we look forward to the dredging of the port, we expect increased volume of vessels coming into the port,” she said.
Usman said that the plan for the dredging of the port was at an advanced stage, adding that as soon the contract was awarded it would be made public.
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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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