Business
Calabar Traders Cry Out Over Refuse Dump
Traders at Watt Market in Calabar, have expressed concern
over the heaps of refuse in the market.
The traders, who spoke with newsmen in an interviews in
Calabar, said that they were worried about the development.
According to them, the refuse is posing serious health
threat to traders and other residents and can lead to possible outbreak of
diseases in the market.
One of the traders, Mr Ejike Ugorji, said that the
non-evacuation of the refuse was giving the traders sleepless nights.
“It is a problem, particularly to some of us who are trading
very close to the refuse bin,” he said.
He said that the traders were afraid of contracting any
deadly disease through the refuse, and appealed for the immediate evacuation of
the refuse to avoid the outbreak of disease in the market.
“I am appealing to the authorities to please help us clear
the refuse so that we will not contract disease,” he said.
Mrs Grace Johnson, a petty trader who hawks wares very close
to the refuse bin, said that the refuse was not only a hindrance to her
business but also a health hazard.
“Honestly, we are dying here; for several weeks now, they
have not come to clear the refuse while people are still dumping refuse every
day,” she said.
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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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