Business
Customs Urges Port Concessionaire To Woo Importers
The Nigerian Customs Service (NCS), Area One Command, Port Harcourt, has urged a port concessionaire in Port Harcourt, the Ports and Terminal Operators Limited (PTOL) to, in addition to what they have done; evolve other methods of wooing importers to Port Harcourt Port.
Speaking while answering questions on the matter when The Tide called on him in his office, the Public Relations Officer of the area command, Mr. D.A. Jack, expressed concern over what he called, “The continued neglect of Port Harcourt port by importers”, inspite of what the PTOL has put in place to encourage them.
According to the customs area spokes person, several efforts have been made by the concessionaire to make the wharf conducive for general cargo business, which he said is the delight of importers, including re-enforcement of berths, warehousing and a dinner for importers.
He said the company had mobilised funds to procure modern cargo handling equipment so as to ensure the smooth take-off of the general cargo business, but that importers are yet to respond positively.
While commending the efforts of PTOL towards returning to containerised cargo operation by the efforts they have made so far, the customs image maker, however, urged them to go extra mile in adopting other measures like reducing port charges to minimal level, subsidise transport and reassure importers of safety and ability to handle their cargo.
Recognising that importers patronage is key to effective general cargo operation, Mr. Jack also appealed to PTOL to ensure that other logistics are in place for effective business.
Corlins Walter
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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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