Business
Nigeria, Japan Partner On Technology Expertise
Nigeria and Japan have concluded plans to collaborate in exchange of technology expertise towards improving the capacity of officials of government ministries, departments and agencies (MDAs).
This is contained in a statement issued last Monday in Abuja by Ms Akiko Kawamoto of the Japan International Cooperation Agency (JICA), and made available to newsmen.
It stated that the agency would collaborate with the Federal Ministry of Education to organise a two-day workshop with a theme, “JICA Overseas Training Multiplier Effect Workshop.”
It said that the objective of the workshop was to bring together people that have gained from the agency’s sponsorship in attending training on the teaching of science and mathematics in Japan.
“We plan to transfer Japanese specialised knowledge and technology in areas where Japan had developed expertise in order to improve the capacities of counterpart government ministries, departments and agencies.’’
The release stated that the training programme would be implemented in collaboration with Japanese national and local governments, universities, private enterprises and NGOs.
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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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