Business
NEMA Donates Relief Materials To Obelle Community
The National Emergency Management Agency (NEMA) has donated materials and items worth millions of naira to Obelle Community in the Emohua Local Government Area.
In his address at the occasion, the South South Zonal Director of the Agency, Mr. Umesi Emenike said that the gesture was to help in the on-going reconstruction effort of the people following the devastation of the community by communal crisis two years ago.
Mr. Emenike also said that the Agency is adopting a direct distribution method to ensure that the materials get to the affected persons.
He said that similar gesture has been made to Abonnema and Kaani communities in Akuku/Toru and Khana Local Government Areas respectively.
Alsos speaking, the state commissioner for Special Duties, Chief Davies Ibiamu Ikanya, said that communities engulfed in crisis in the state should not expect relief materials from the government.
Chief Ikanya who was represented by the Director, Disaster Management in the ministry, Mr. Napoleon Hezekiah stressed the need for communities to be at peace with themselves and their neighbours.
Speaking onbehalf of the community, Chief Edmund Ikeh, thanked NEMA and the state Government for the gesture, promising that the items will be judiciously utilised.
Items donated include a truck load of cement, zinc truck load of rice, truck load of beans, amongst others.
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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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