Business
HOS Charges Women To Develop Talents
Women have been advised to take their destiny in their hands by developing their talents so as to be relevant in the scheme of things.
The Rivers State Head of Service (HOS) Mrs Esther Anucha represented by Mrs Lisa Ezenwo gave the advise at the women leadership seminar, organised by the Rivers State Economic Development Forum (REDEF) in Port Harcourt, with the Theme “Empowering Women For Nation Building.”
According to her, the Rivers State Government had committed huge resources toward women empowerment in the state, saying that the lady taxi cab scheme, appointment of women into positions of trust as well as micro-finance grants to women are eloquent testimonies of the state governments gestures towards improving the well- being of women.
Rivers HOS said that the greatest power of development is information, stressing that a data base should be collated to ensure stability and sustainability of women empowerment in the state.
He said government was embarking on training of women through institutions of higher learning, economic empowerment, information technology, literacy and involvement of women in policy making process.
She urged women to developed their talents and learn to be entrepreneurs than being a mere housewife.
The president, Rivers Economic Development, Austin Monday, said REDEF, in a move to improve the lives of women has adopted areas of intervention like skills acquisition, entrepreneurship skills training (Small-Scale Enterprise), adult education programme, micro-credit scheme, research on Niger Delta and publication.
He charged women to form co-operative societies and register with REDEF who will recommend each group to partnership banks to enable them access micro-credit loans.
The president solicited for individuals, corporate organisations and government to partner with REDEF to ensure efficient and effective women empowerment in the state.
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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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