Business
Total Harps On Human Development
To ensure the sustainability of its host Communities, Total
Exploration and Production Nigeria (TENG) has stressed the need to focus more
on human capital and entrepreneurial development through conscious involvement
of the people in economic projects and programmed.
The deputy managing director of TENG, Port Harcourt
District, Mr Dennis Berthelot made the Commissioning of SME Development Network
Center, Egi Arts and Cultural Development Center, both at Obite, Egi, Egi
Technical Workshop at Erema and the HP Microentreprise Acceleration Programme
(MAP) Centre at Obagi supported by the United Nations Institute for Training
and Research (UNITAR) recently.
According to Berthelot, the company in the last few years
had been emphasising on the need for a shift from infrastructure to human
capital and entrepreneurship development.
Pointing out that the involvement of the people in economic
development programmes and projects would have multiplier development effects
on the communities. He explained that the projects would stimulate enterprise
development activities in the area.
His words: “The SME-DN was established to stimulate
enterprise development activities first in OML58. This, the SME-DN hopes to
achieve by helping SMEs harness the numerous economic resources and
opportunities in this area for the purpose of wealth creation; thereby aligning
with the aspirations of our regional development plan which is to position the
OML-58 area as an economic hub”.
He therefore urged the people to make x most of the
opportunities created by the projects by effectively using the facilities
provided to ensure they deliver practical benefits to the people.
Earlier in his speech, the President General, Egi People’s
Assembly (EPA), Chief Oris .U. Onyiri while assuring on creating an enabling
environment for the French oil giant to operate he described the SME-DN as one great
step in enterprise development agenda of Egi Communities.
He explained that in the Egi Development strategy,
enterprise management was a core skill necessary for tapping the natural
resources and organisational capabilities in Egi thus hoped that the centre
would provide an impetus for the Egi people to re-awaken themselves into wealth
creation.
He also advocated TENG’s support in the teaching of Egi
language and culture as well as the teaching of French in the centre.
Vivian-Peace Nwinaene
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.
-
News3 days agoDon Lauds RSG, NECA On Job Fair
-
Niger Delta1 day agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports1 day agoSimba open Nwabali talks
-
Nation1 day agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Transport1 day agoNigeria Rates 7th For Visa Application To France —–Schengen Visa
-
Niger Delta1 day ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Niger Delta1 day ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Oil & Energy1 day agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
