Business
Group Seeks Statistics On ICT Usage
The President, Nigeria Internet Group (NIG), Mr Bayo Banjo,
has urged the Federal Government to establish a statistics agency on ICT usage
in Nigeria.
The NIG president said
in Lagos that such agency would provide database on ICT usage to improve
governance and economic development in the country.
“ICT are undeniably gaining ground, even in some remote
corners in the country, but the exact figures and the impact of this increase
are difficult to quantify.
“Developing an internationally acceptable ICT statistics
database will boost the Nigerian economy unprecedentedly,” he said.
Banjo said ICT statistics were critical for identifying
areas where government could use ICT to improve and implement its development
strategies.
“Quality data can help government define strategies for more
advanced banking and financial services, e-government and e-business.
“It also helps government to monitor its own policies and
draw comparisons with other countries,” he said.
Banjo said that at the enterprise level, data on ICT usage
would help companies, especially small and medium scale enterprises in taking
business and investment decisions.
“Appropriate ICT strategies, for instance, can help
businesses increase their productivity and competitiveness and participate
fully in national and international supply chains,” he said.
Banjo said that it was important for the government to
support new initiatives to collect ICT data and increase their consistency and
comparability.
“Not only will this make the task of governance easier, but
it will also help economists, investors and government to monitor the digital
divide between developed and developing countries,” he said.
He suggested that the proposed agency should be free from
government’s influence to function properly.
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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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