Business
Group Threatens Suit Against Customs Reform Panel
Founder of National Association of Government Approved Freight Forwarders (NAGAFF), Dr Boniface Aniebonam, says the association will seek court’s clarification on the status of Presidential Committee on Customs Reform.
Aniebonam said in a statement on Wednesday in Lagos that the association would file a suit at the Federal High Court to determine which organisation was also funding the committee.
He said that the association would first seek some clarifications from the Nigeria Customs Service (NCS) on the issues before going to court.
The Customs Reform Committee was inaugurated in 2010 by the Federal Government.
Aniebonam said that the NCS had some lingering problems caused by the introduction of external persons to head the organisation, which he described as “highly technical organisation”.
He recalled that the service had some problems with a recruitment exercise in 1988 and the promotion of some officers in 2004.
The freight forwarder urged officers and men of the service to fully co-operate with the Comptroller-General, Alhaji Dikko Abdullahi, to restore professionalism to the service.
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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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