Business
Farmers Seek Support For UN’s Zero Hunger Programme
Farmers in Nigeria, under the Zero Hunger Commodity Associations, has urged governments at all levels to support the Zero Hunger Nigeria Programme to achieve its targets and objectives particularly through farmer-friendly programmes.
The association, a subsidiary of the United Nations Committee – Zero Hunger Nigeria Forum – made the appeal in a communique issued to The Tide source in Ilorin on Sunday.
The communique came after its meeting held in Abuja.
It was signed by the National Coordinator of the association, Dr Tunde Arosanyin.
The farmers’ group sought a collaboration with the Commodity Exchange Market of Nigeria and the Nigeria Export and Import Bank (NEXIM) so as to guarantee good returns on farm produce locally and internationally.
It also urged that Research Institutions and Extension Services be adequately funded by the Federal Government and State Governments for effective performance of the agricultural sector.
It said the meeting affirmed the association’s belief in the Agricultural Revolution Programmes of President Muhammadu Buhari through Green Alternative Roadmap as a veritable channel to improve agricultural production in Nigeria .
The association, however, resolved that government should encourage appropriate implementation strategy that would be all inclusive.
The body said that it appreciated the leadership qualities of Chief Olusegun Obasanjo, the Chairman of the Zero Hunger Nigeria Forum, toward the development of the agricultural sector of the country’s economy.
Zero Hunger programme is the brainchild of the United Nations toward actualising the Substainable Development Goals from 2016 – 2030.
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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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