Business
Imoke Assures On MDGs
Govrnor Liyel Imoke of Cross River says the state would meet the Millennium Development Goals (MDGs) targets by 2015 in spite of its lean financial resources.
Imoke gave the assurance last Friday, when the Senior Special Assistant to the President on MDGs, Mrs Precious Gbeneol, paid him a courtesy visit.
He also assured that the state would collaborate with the presidency to become one of the first states to meet these global agenda.
According to him, the state is committed to meeting MDGs in all its 196 electoral wards.
He said that the State Government had renovated 130 health centres under the first phase and would complete 66 other centres in the second phase to cover all the political wards.
Imoke said that he would ensure that pregnant women and children below five years had access to its free medical initiative.
He said that the free health programme was supported by a Conditional Cash Transfer Programme in partnership with MDGs for 15 indigent households per ward.
The governor commended the MDG office for the support which the state enjoyed and assured that the partnership would be strengthened.
Earlier, Gbeneol said that the State Government and the MDG had delivered projects that impacted positively on the poor.
Gbeneol said that MDG programmes were focused on malnourished children, empowerment of unemployed women, maternal and child health care, malaria, HIV/AIDS and tuberculosis.
She said that as at November 2011, her office had spent N3. 3 billion in Cross River, adding that the state paid N1. 16 million as counterpart fund.
According to her, people should be made to feel the impact of the Federal and State Governments through the MDGs in various areas.
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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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