Business
Delta Woos Private Sector In Waste Management
The Delta Government says it has laid out plans to develop capacity for private sector participation in the state’s waste management programme.
Dr Bello Orubebe, the Commissioner for Environment, who disclosed the plan to newsmen in Asaba said the public should expect a sustainable and integrated waste management system.
Orubebe said that the ministry had developed guidelines to train and accommodate private individuals in the management of waste in the state.
He also said that the ministry had a three-month target to build the needed capacity for integrated waste management, but said that Delta lacked the necessary structure for the purpose.
According to the commissioner, the major challenge is that there is no existing structure for waste management in the state like what exists in developed countries.
Orubebe said that the ministry would collaborate with some banks, as stakeholders, in order to attain its objectives in the capacity building programme.
He said that the existing private participants in waste management in the state were doing so as “family businesses’’, but revealed that the proposed synergy would encourage corporate bodies to register.
The commissioner said that waste management was a key index of development that could only be sustained through the cooperation of everybody.
Orubebe lauded Governor Emanuel Uduaghan of Delta for providing 13 new waste evacuation equipments for the Waste Management Board.
He said that the gesture would transmit to a cleaner and a well managed environment that would also create employment opportunities for the youths and the unemployed in the state.
“A recycling plant is coming to complement this effort and in all the people of Delta should also be prepared to share the burden.
“And that means that we should have the right attitude of not littering the state in recognition and appreciation of the efforts of the governor,’’ Orubebe said.
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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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