Business
Institute Hosts Zonal Conference In PH
The Rivers State branch of Chartered Institute of Personnel Management (CIPM) will on Friday host the South South zonal conference of the professional body in Port Harcourt.
The State chairman of CIPM, Mr Henry Umuakpor, in a telephone chat with The Tide, yesterday, said the conference was aimed at improving the practice and performance of human resources personnel in different organisations.
Unuakpor said that the theme: “HR:Inside Out” was meant to equip personnel managers with better knowledge on human resources resulting in improved services to the country.
“We can assume people know, but for sure not everybody knows it well enough. We are bringing very highly qualified individuals in the human resources practice to handle the papers and answer the questions for better understanding and improved performance in our organisations, he said.”
According to him, the conference will provide participants with “collaboration programmes,, connections and better opportunities for organisations that require to train their staff for productive performance”.
He called on the human resources personnel in the South South zone to utilise the opportunity provided by the conference to better their skills and knowledge in their chosen profession.
According to the chairman, “the conference will bisect HR, what it should be and the skill a personnel manager should have and how the skills should benefit others and the state at large.
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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.
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