Business
FG To Connect 50% of Population To 3G Broadband
The Federal
Government has revealed plans to connect 50 per cent of its population to 3G broadband during the course of 2105.
The presidential committee chairman, Mr Ernest Ndukwe, said this recently in an interview with journalists in Abuja.
He said the ministry of communications intended to achieve this through the wireless broadband infrastructure upgrade and expansion phase one.
Ndukwe, explained that the phase one project was under Nigerian’s National Broadband plan 2013 – 2018.
According to him, the plan was submitted by the presidential committee on broadband to President Goodluck Jonathan in the second quarter of 2013.
He also said that the 3G services would be powered by ubiquitous broadband facilities.
Outside the issue of ensuring that all the new mobile sites are Long-Term Evolution (LTE) – compatible, the communications ministry will also articulate measures for complete digital dividend spectrum migration.
The Tide learned that the system would also release more spectrum for LTE through the Nigerian Communication Commission.
The Tide checks, revealed that the issue of poor wireless broadband, has been the major reason of poor network system, which has placed subscribers at the losing end.
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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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