Business
NAOC’s Water Scheme Project Excites Otatubu
The People of Otatuba Community in Nembe Kingdom, Bayelsa State, expressed gratitude over the commissioning of a 20,000 gallon capacity water scheme project by the Nigerian Agip Oil Company (NAOC) and its joint venture partners, recently.
In an address presented by the President, Otatubu Progressive Youths Comrade Victor Owugha they commended Agip for being the fore most Oil Company that has taken the pain to address the perennial problem of the community, describing their gesture as service to humanity.
He said that the commissioning of the potable water-scheme project in Otatubu host community is a visible testimony of Agips willingness to positively impact on the lives of the people, saying that the community would have no other option than to reciprocate by maintaining and sustaining the existing peace and enabling environment for business to thrive in the hope of attracting more development.
He appealed that for sustainability and maintenance of the project Agip should assist in providing diesel oil to power the 30 KVA generating set, cleaners, gardeners, operators and security men, to ensure steady supply of water and durability of the facilities.
He also urged the contractor to assist in circulating more distribution lines and tap heads within the community.
In his response, the NAOC General Manager, District, represented by the Public Relation Communication and Government Liason Manager, Prince Nwachuku Obi, said the commissioning of the water scheme, which comprises a 30 KVA standby generator and a water treatment plant with numerous fetching points, is a fulfillment of the enshrined terms of the Memorandum of Understanding between the people of Otatubu and NAOC, noting that the project was awarded to Kaizer and Sons Ltd in 2006 and completed in November, 2010.
While assuring that NACO will continue to be a part of the development of Otatubu community and its environ, as well as to improve the living standard of the people, he urged them to continually provide the enabling environment for the operations of the company.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
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.
-
Niger Delta2 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports3 days agoSimba open Nwabali talks
-
News4 days agoDon Lauds RSG, NECA On Job Fair
-
Nation3 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta3 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta2 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Oil & Energy3 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
Rivers3 days ago
Fubara Restates Continued Support For NYSC In Rivers
