Business
RSG To Partner World Bank In Water Sector Reform
Rivers State Government has assured the citizens of its intention to partner with World Bank in reforming the water sector.
Commissioner for Water Resources, Hon. Patricia Simon-Hart made this known in Port Harcourt at a meeting with World Bank during a two-day visit to inspect development of water infrastructure in the state, especially on expansion and rehabilitation of Rivers State Water Board (RSWB).
She disclosed that the present reform that has taken place in the water sector includes formulation of the state WASH Policy, liaison centre for monitoring and evaluation.
It also include development for a website for the Ministry of Water Resources in order to enhance its liaison with international organisations to pave way for a sustainable system.
The Commissioner noted that feasibility studies, design and upgrade of Rivers State water board is ready and the state is ready for the partnership.
In their speeches, the World Bank delegation which includes Mr Hassan Kida, Wolde Afolabi Alex Bakalian and Damel Camos commended the Commissioner for Water Resources for her proactive approach to the provision o potable water which has been a challenge to past administrations.
Earlier, Commissioner for Finance, Mr Chamberlin Peterside said ‘the reform is not to squeeze anyone in the state rather to bring about better accountability and sustainability of human resources, considering the fact that water board would be engaging professionals to meet the demand of the sector.”
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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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