Business
Lifebouy Saves 9 On Opobo/Kono Waterway
The lifebuoy compulsorily worn by all passengers along the Opobo Rivers may have contributed to the survival, Thursday, of about nine persons who escaped what would have been another tragic incident that frequently occurs along the Opobo/Kono water route. The passengers we gathered were on their way to Opobo Town for the investiture and award ceremony of the Rivers State Commissioner for Works by the Opobo/Kono Legislative Assembly when their boat in a bid to navigate one of the creeks capsized in the river. Reports indicate that the speed at which the boat was cruising led to the incident but fortunately the nine passengers including the former leader of the Opobo/Nkoro Legislative Assembly swam to safety. Drenched in the salty water the passengers they were later driven ashore to Opobo Town by a life saving boat. Earlier, this year a similar incident occurred along the waterway when about six passengers lost their lives as their boat capsized on their way to Kono. In a bid to checkmate the problem, the Opobo/Nkoro Legislative Assembly has already commenced deliberations on the Safety/Water bill aimed at regulating activities of boat operators in the area. The chairman of Opobo/Nkoro local government council, Hon Maclean Uranta had directed all boat drivers to restrict their operations within the day time, pointing out that most mishaps took place at night. In the light of this, the council provided life jackets for passengers, and instituted a committee to ensure compliance with its use.
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.
-
News2 days agoDon Lauds RSG, NECA On Job Fair
-
Niger Delta15 hours agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Transport18 hours agoNigeria Rates 7th For Visa Application To France —–Schengen Visa
-
Nation16 hours agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Sports16 hours agoSimba open Nwabali talks
-
Niger Delta17 hours ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta15 hours ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Oil & Energy18 hours agoElectricity Consumers Laud Aba Power for Exceeding 2025 Meter Rollout Target
