Business
Gov Lauds MTN For Donating Dialysis Centre
Anambra State Governor, Peter Obi, has officially inaugurated a haemodialysis centre donated to the General Hospital, Onitsha, by the MTN Nigeria Foundation.
The new Heamodialysis Centre was provided under the MTNF Medical Support Project, introduced last year by the foundation to assist in providing critical infrastructure in public hospitals across the country.
Obi said, “It has been the vision of the state to bring affordable and quality healthcare services closer to the people, especially in the areas of dreaded diseases like cancer, kidney and heart failure”.
To achieve this, the state established a Breast, Kidney and Heart centre in General Hospital, Onitsha. We are grateful to MTN Foundation for equipping the Kidney dialysis unit, which will go a long way in reducing the increasing cases of renal failure and other kidney diseases.”
The inauguration ceremony was attended by dignitaries from Onitsha and its environs, including the Obi of Onitsha, His Royal Majesty, Igwe Naemeka Alfred Achebe.
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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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