Business
ALGON Boss Lauds Chairmen On Budget Implementation
Alhaji Musa Dan-
Illelah, the Chairman of Kebbi chapter of Association of Local Governments of Nigeria (ALGON), has praised council bosses for implementing 75 per cent of the 2013 budget in their areas.
Dan-Illela told in Birnin Kebbi recently that the chairmen implemented 75 per cent of the 2013 budget on the provision of amenities and improvement of the living standards of the people.
He urged the local governments to hasten the presentation of the 2014 budget to the state house of assembly for approval, pointing out that that would enhance quality service delivery to the citizenry.
He appealed to the 225 councillors to continue to support the council chairmen to enable them to execute people-oriented projects for the good of the populace.
Dan-Illela said the association would continue to ensure that the furniture and severance allowances of elected local government officials were paid as and when due.
He disclosed that the state had no fewer than 25 women councillors representing different electoral wards.
“We will continue to ensure gender equality in local government administration by sensitising women to join politics for a balanced and equal representation,” he said.
Dan-Illela appealed to members to always remit their monthly contributions into the coffers of the association to give it the financial power to execute its policies and programmes.
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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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