Business
New Number Plates Deadline Still Stands – FRSC
The Corps Marshal of the Federal Road Safety Corps (FRSC), Osita Chidoka, on Friday said the agency’s June 30 deadline for all motorists to change over to new number plates would not change.
The Corps Marshal told newsmen in Uyo, the Akwa Ibom State capital, that it would be a criminal offence for anybody to refuse to change over to the new number plate after June 30.
Chidoka, who was represented by the FRSC’s Zone F Commander, Nsebong Akpabio, said it would be punishable by the Federal Road Safety Act 2007 and the Highway Act of 1972.
He said: “The area we want members of the public to know is that June 30 is the deadline for full compliance.
“We want the media to help us create awareness.”
The Corps Marshal also said it would be criminal for any person to refuse to give the complete data on his vehicle.
“It is criminal for any motorist to refuse to disclose the chassis number of his vehicle,” he said.
Chidoka, however, expressed satisfaction at the level of compliance with road safety measures in the two states of Edo and Delta, which are in Zone F.
He also said there were 31 selling points and three centres for the issuance of driving licences in Akwa Ibom State.
“I advice members of the public to make use of them,” the corps marshal said.
Chidoka said the state government had also made a request for five more centres in the state.
He warned those going to neighbouring states to purchase driving licences illegally and sell to others to desist from the act.
“Anybody caught in the act will be prosecuted,” the FRSC has said.
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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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