Business
Udom Seeks FG’s Attention On Failed Roads
The Governor of Akwa Ibom State, Mr Udom Emmanuel, has once again appealed to the Federal Government to urgently intervene in collapsed federal highways across the state.
Emmanuel made this call while inspecting state government intervention work on some failed portions of the Calabar-Itu highway to save lives of commuters.
According to him, the collapse of the post war federal road, an important linkage between the South South and South East regions, has severely affected free flow of traffic, economic activities of the people and caused untold hardship to residents and commuters.
The governor disclosed that despite paucity of funds, his administration has intervened in some of the federal highways to ease the hardship encountered by motorists and commended the contractor, Nigerpet, for addressing the underground erosion that has cut off some sections of the road.
Recall that federal government has budgeted for Calabar – Itu highway on many occasions and mobilised Julius Berger to site weeks before the 2019 general elections, but the project site was abandoned soon afterwards.
Similarly, Governor Emmanuel has raised concern about another abandoned Abak -Ikot Abasi Road project awarded by the Federal Government, calling for urgent review of the rehabilitation project.
He said the road was abandoned soon after excavation, turning the highway into a deathtrap for commuters.
Other projects inspected by the governor were the ongoing overhead bridge (fly-over) Project at Ikot Oku Ikono/Ekom Iman roundabout, Uyo LGA; Uyo – Etinan road project/Etinan roundabout, Etinan and Ekpene Ukpa Bridge, all in Etinan Local Government Area.
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.
-
Niger Delta5 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports5 days agoSimba open Nwabali talks
-
Nation5 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta5 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta5 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Rivers5 days ago
Fubara Restates Continued Support For NYSC In Rivers
-
Oil & Energy5 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
News5 days agoDiocese of Kalabari Set To Commence Kalabari University
