Business
Expert Wants States To Share Best Practices
The National Programme Manager, State Programme for Accountability, Responsiveness and Capability (SPARC), Dr Joe Aba, has said that sharing of best practices amongst states in the same region will fast track the country’s development.
He stated this in Lagos at the second Governance Share Fair organised by the Nigeria Governors Forum (NGF) for states in the South West of the country.
The two-day event was organised by the forum with support from the UK Department for International Development (DFID) under the SPARC Programme.
“Each state has a commendable practice, if you can get the people to come together and share experiences about their challenges, successes and lessons they had learnt, development would be made faster.
“This is why we are doing these at regional level because each region has its own peculiarity and they are mutually dependent on each other.” Aba said.
The programme manager said that this was why what affected one state, would affect the others in the region.
He added that Lagos State’s improved internally generated revenue and the Ondo State “Abiye” programme which had reduced maternal mortality rate were all commendable initiatives.
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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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