Business
Ram Sellers Deny Sales Of Unhealthy Animals In Enugu
Ram sellers in Enugu
State livestock markets yesterday denied selling unhealthy rams and goats in the state.
Alhaji Aminu Saidu, the treasurer of the Association of Livestock Traders in Artisan Market, in an interview with newsmen in Enugu, said it is against Islamic religion to give somebody what one cannot eat, especially during Eid-el-Kabir and other Muslims festivities.
He said: “The religion says give to one what is good for your consumption.” Saidu, however, decried the low patronage of rams.
“I may even move my rams down to the North and Lagos since the buyers are not forthcoming. Besides, many Muslims have travelled home to celebrate with their families,” he said.
Another ram seller at the Garki Market, Awkunanaw, Alhaji Usman Sanda, said many buyers priced the rams below their costs due to unavailability of funds. Sanda said the costs of rams were fair in Enugu, compared to other states.
He said small rams were sold between N18,000 and N20,000 while the medium ones cost between N25,000 and N30,000. He said the big rams were sold between N35,000 and N60,000.
The sellers appealed to governments at all levels to pay civil servants their salaries to enable them to celebrate the festival with families and friends.
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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.
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