Business
NEPC Wants Perishable Cargo Terminals At Airports
The Nigerian Export Pro
motion Council, (NEPC), has reiterated the need for the establishment of perishable cargo terminals at designated international airports as part of measures to stem the tide of rejection of Nigerian products abroad.
In a statement obtained by our correspondent recently in Port Harcourt from its zonal office, the NEPC boss, Olusegun Awolowo was quoted to have stated this while on a working visit to the Director-General of the Nigeria Agricultural Quarantine Services (NAQS) Dr. Kola Faseyitan, in Abuja, recently.
Represented by the Director, Product Development, Mr. Henry Otowo, Awolowo said such facility would also help enhance the acceptability of Nigerian products.
He added that the council had through capacity building programmes exposed farmers to Good Agricultural Practices (GAP) to ensure quality and standard of Nigerian exports.
He noted that there was also the need for value-addition on Nigerian exportable products to ensure that such items compete favorably in the international market.
Awolowo also pointed out that the synergy between the council and NAQS would put in place effective certification of commodities to ensure that the requisite standards are met for export.
In his response, the DG of NAQS disclosed that his organisation’s online platform for Phytasanitary application required exporters to enter their NEPC registration number before logging in to process their application.
Faseyitan explained that the objective was to ensure that all exporters of agricultural produce were registered with the NEPC in order to trace their registered addresses.
“Our two organizations are very key to improving Nigeria’s GDP through non-oil exports.
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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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