Business
FG, UNIDO Partner On Employment, Entrepreneurship
The United Nations Industrial Development Organisation (UNIDO), says it is partnering with the Federal Government to hold a job fair on youths employment and entrepreneurship.
UNIDO’s Head of Agribusiness and Agro industry/Employment, Mr Chuma Ezedinma made this known in an interview with newsmen in Abuja last Friday.
Ezedinma said the fair, scheduled to hold in Abuja and Lagos, would serve as linkage between job seekers and employers of labour both in the public and private sectors. “What we are trying to do with this job fair is to sensitise youths on what is available in respect of jobs in the country.
“This is by bringing them together with the private sector people who are employers of labour.
“At the fair, we would be able to show them the kind of skills that are required within all levels and types of private sector engagement.
“Basically, the job fair is designed to bring the jobs and seekers of the jobs together,’’ Ezedinma explained.
He said a 15-member Inter-ministerial Committee was already working out the modalities for the fair.
The terms of reference include building a database for unemployed youths in the country and showcasing successful entrepreneurs.
Also to build and launch a website for entrepreneurship and job fair where employers could put up online job openings and job seekers could directly register online. Members of the committee include representatives from the Federal Ministries of Trade and Investment, Education, Labour and Productivity, Women Affairs and Youth Development, UNIDO, Industrial Training Fund, Others are Small and Medium Enterprises Development Agency, Bank of Industry and the National University Commission, National Board for Technical Education and National Employment and Consultative Council.
The others include Manufacturers Association of Nigeria, National Committee on Job Creation and the Chamber of Commerce, Industries, Mines and Agriculture.
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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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