Business
Jos Airport’s Re-Modelling Enters Final Phase –FAAN
Re-modelling of the Yakubu Gowon Airport in Jos, has entered its final stage, an official of the Federal Airports Authority of Nigeria (FAAN), has said.
FAAN’s Public Affairs Officer at the airport, Mr Alfred Itua, made the announcement in a statement, e-mailed to our correspondent last Tuesday in Abuja.
Itua said that the capacity of the airport’s re-modelled terminal building, was increased from 250 to 600 passengers, pointing out that the airport would become more business friendly and comfortable after the re-modelling.
“In addition to its aesthetic appreciation of the landscape, the new terminal building would also provide a relaxed atmosphere, comfortable and smooth facilitation for passengers and airport users.
“It will also be commerce friendly as more shops will be available for shopping purposes at the airport.
“FAAN regrets any inconvenience faced by passengers and airport users, due to the ongoing terminal building remodelling,” he said.
Itua said the Jos Airport was one of the 11 airports in the country currently undergoing renovation.
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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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