Business
RSG Releases N34.8m for PTI Training
King Osila
The Rivers State Government has released the sum of N34.8 million for the training of 120 youths across the 23 local government areas of the State in acquisition of different skills at the Petroleum Training Institute, Effurun, Delta State.
The Special Assistant to Governor Chibuike Amaechi on Skills Acquisition, Mrs Mary Allagoa who presented the cheque to the Principal and Chief Executive Officer of the PTI, Dr. R.E. Akpojiri on behalf of the Rivers State Government said the presentation demonstrated the desire and commitment of Rt. Hon. Chibuike Amaechi in the development of the physical and human capacity of youths of the state.
Mrs Allagoa explained that it was for this singular reason that the governor sent her personally to bring along the 120 trainees to the PTI, describing it as a centre of excellence. She re-affirmed Governor Amaechi’s belief in getting the best for his people.
According to her, “Rivers State is the very first government to sponsor such a huge number of trainees to the PTI”, promising that in the near future more trainees would follow suit.
The governor’s aide advised youths in the state to take their destinies in their hands “as the creeks over there have lost their tenants”.
The special assistant said aside the advanced monthly allowances given to the trainees, they are comfortably accommodated in good hotels, adding that the N34,800.00 was only meant “for tuition and consumables”.
Mrs Allogoa explained that the training which would last for three months would cover skills on plumbing and pipe fitting, mechanical craft and fitting, basic instrumentation among others.
The Principal and chief executive officer of the PTI, Dr. R.E. Akpojiri welcoming the trainees said that it was out of the need to train youths on specialised skills and make them more useful and relevant in terms of human capital development to themselves, society and the nation in general that informed the PTI in 2005 to develop specially packaged Youth Skills Acquisition programmes.
The PTI chief told the trainees that the programme would enable them achieve a required standard in theory and practical skills to a level that would enable them carry out expected job oriented schedule in the petroleum industry.
While thanking the governor of Rivers State, Rt. Hon. Rotimi Amaechi for the confidence reposed on the PTI, the Institute’s principal expressed confidence that at the end of the three months programme, the youths would be richly rewarded.
He also urged the state government to make the sponsorship a continuous exercise as it would go a long way in curbing youth restiveness in the Niger Delta region, assuring that at the end of the programme the state government and the PTI would have established a rewarding relationship.
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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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