Business
Completion Of Saakpenwa-Bori Road Excites Stakeholders
Stakeholders and users of the Saakpenwa-Bori Road have expressed delight over the speedy construction of the road by the Rivers State Government.
Some of the motorists and other users of the road who spoke with The Tide, recently said the construction of the road has eased the plight of the people.
A commercial driver, Mr Princewill Neeta, who spoke with The Tide in an interview said vehicular movement on the road is now easier with the speedy construction of the road.
“Before we used to pass through deep gallops which damaged our vehicles and caused delay in our movements, but today we drive with ease through the road to get to our destinations.”
He added that the journey from Port Harcourt to Bori, which takes over two hours when the road was bad now takes about an hour and half.
Another private car owner, Mr Jonah Gabriel, who spoke with The Tide commended the Rivers State Government for constructing the road.
“I am happy over what the governor is doing on the Saakpenwa-Bori road, I want to appeal to the governor, to expedite action on the road and deliver it on specification as assured”.
A traditional ruler, HRH Mene Macdonal Nwiyor also commended the Rivers State Government over its intervention on the road.
He said when the road is completed, it would enhance economic development in Ogoni and its neigbours.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
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.
-
News2 days agoDon Lauds RSG, NECA On Job Fair
-
Transport5 hours agoNigeria Rates 7th For Visa Application To France —–Schengen Visa
-
Transport5 hours agoWest Zone Aviation: Adibade Olaleye Sets For NANTA President
-
Transport5 hours agoWhy Air Fares Increaseing, Other Related Challenges……. A O N Spokesperson.
-
Opinion5 hours agoAs Sim Turns Golden
-
Business5 hours agoSugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
-
Sports3 hours agoSimba open Nwabali talks
-
News4 hours agoDiocese of Kalabari Set To Commence Kalabari University
