Business
Criticism Trails Call For Wooden Boats Ban
The recent call by a maritime expert to ban the use of wooden boat for commercial services in the Nigerian territorial waters has been criticised by a wooden boat operator in Port Harcourt.
It would be recalled that the Group General Manager of Epenal Nigeria Limited, Mr. Aaron Numolele in a chat with newsmen recently called for the banning of wooden boats for commercial services in the country.
According to him, many Nigerians have died as a result of water mishap that are not regularly reported because of the difficult terrain of the riverine communities, saying that many water mishaps involving local boats took place regularly across the country, especially in the Niger Delta region. He maintained that the use of wooden boas is largely responsible for the avoidable water mishap, stressing that government could assist the riverine communities to acquire modern boats such as fibre glass boats which in most cases, are difficult to sink, stressing that it would safe guard the lives of ordinary people.
Reacting to the call, a wooden boat operator Mr. Ibinabo Iworima who spoke to The Tide on Monday at Bonny water front, Port Harcourt, said that the call is unnecessary and should be disregarded.
He argued that the wooden boat serves as the same way trailers and trucks serve on land transport, noting that most riverine communities does not have access roads that aid them transport items like building materials, food stuff and other bulk materials and wears, adding that wooden boats renders these services which ordinarily the fibre boats cannot.
“Some of the riverine communuities that have motorable roads do not have need for wooden boats, rather by land transportation. Therefore, banning Wooden boats would mean denying the people access to foodstuff, building materials and other necessities that are needed in the daily lives of the rural riverine communities”, he noted.
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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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