Business
‘FEMA Saved N3.7bn Property, 435 Lives In 2014’
The Federal Capital Ter
ritory Emergency Management Agency (FEMA) has said that it saved 435 lives and property worth N3.71 billion in between January and October 2014 through prompt response to emergency calls.
The Director of FEMA, Alhaji Abbas Idris, who disclosed this in an interview with Journalists in Abuja, expressed the agency’s resolve to improve its emergency services in 2015.
Idris said that the agency would achieve this by promptly responding to disasters within the territory, to save more lives and property of residents.
“We were able to save 3.7 billion naira worth of property as well as 435 lives through our emergency services between January and October 2014, and we intend to improve on this.
“The issue of fire outbreak was particularly prevalent during the festive period when some people travelled out of their homes without switching off their appliances.
“During the yuletide season, we recorded an average of five to seven fire outbreaks in various parts of Abuja and we were able to respond to them appropriately”, the FEMA director said.
Idris advised FCT residents to turn off electrical appliances when they leave their homes and to avoid bush-burning, adding that the agency would embark on the sensitisation of residents on how to manage emergency situations.
He said “we are planning to embark on a sensitisation and town hall meetings with residents of the FCT as a way of providing them with the basic information on how to tackle various emergencies”.
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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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