Business
Association Urges RSG To Tackle Street Trading
The Mile One Market
Traders Association (MOMTA) has called on the Rivers State Government and other authorities concerned to tackle the issue of road-side trading, particularly within the Afikpo street/Ikwerre Road axis of Mile One, to make way for sanity in the environment.
Making the call while speaking with The Tide in Port Harcourt, the Chairman of the association, Deacon Kenneth Eze, said that the situation is worrisome.
He said that sometime last year, the officials of the Ministry of urban development and the environmental sanitation clamped down on the street traders, adding that the place was sanitized before the fire that gulted the Mile One Market last December.
Eze lamented over a situation where some of the traders have turned the Afikipo / Ikwerre Road area to a daily market, even when government had given them an alternative place for trading.
According to him, a situation where many traders have refused to use the designated place that government has approved for market, and have turned the road side to a market is not healthy and should be discouraged.
“Where are the monitoring committees of the ministry of urban development? Where are the sanitation authority and other agencies that are supposed to tackle this matter and restore sanity”, Eze queried.
Already, this issue of road side trading is raising some questions among the Mile One Market traders who have heeded to government instructions to relocate to the new temporary site, pending the completion of the new phase of the market.
The Tide has reliably gathered that some of these traders are threatening to come back to the street, if noting is done by the government to stop the street trading.
On how they got the Njemaze street area for temporary market, the MOMTA chairman said that the approval was given by the immediate past Mayor of Port Harcourt City, Chimbiko Akarolto on the directive of the state government to give them a place.
He said that everything about the place was documented through a letter, which also involved the sanitation authority, but that it was later discovered that the Governor, Rt. Hon Chibuike Amaechi, may not have been properly briefed on the chosen area.
Corlins Walter
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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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