Business
Communities Laud Wike On Road Projects
The people of Abua in Abual/Odual Local Government Area and Ndele community in Emohua Local Government Area of Rivers State, have commended the Governor Nyesom Wike administration for good and quality road networks in the areas.
Some of the opinion leaders who spoke with The Tide over the weekend expressed satisfaction with the road networks done by the state government, saying it has eased communication and boosted trade and commerce between Abua and Ndele communities.
A community leader from Ndele, David Ejiowhor, noted that the import of the massive road work done by Wike’s administration was not necessarily for aesthetic value , but for its impacts in opening rural communities to the metropolis where they could easily move their farm produces for higher sales.
A retired teacher, Mr Oye Amage, noted that Wike’s governance style in terms of opening rural communities and containing criminal activities is exemplary and value based, explaining that it is more meaningful and more result – oriented, sustainable than the fanciful rituals of youth and women empowerments.
“This is because roads connection of rural ,areas, especially agrarian communities, will stimulate local economy, reduce rural poverty and ensure sustainable development”, he said.
Also speaking, a community leader in Abua, Chief Emmanuel Oghu, said the opening of rural communities with roads ,has reduceds poverty and improved the health of the people.
The community leader called on the governor to mobilize the contractors working on Abuo/Ndele link road back to site to enable them complete the construction of the Ndele -Abua/Odual Bridge which his administration initiated.
Oghu noted that Ndele -Abua /Odual Bridge is an important road that link more than 50 communities in two local government areas, adding that the absence of good roads hinders trade.
He said, “The non completion of the road has killed the local economy in a food belt that produces food crops, fish and brew local gin , exacerbated rural poverty and led to heightened crime”, adding that it is because of the bad road that makes it difficult for policing that had made that axis hot bed of cult activities and kidnapping’’, they said.
By: Ike Wigodo.
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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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