Business
Safety Standards: Foreign Airlines To Collaborate With Nigerian Stakeholders
The Association of
Foreign Airlines Representatives in Nigeria (AFRAN), has said it would collaborate with stakeholders in the country to enhance the sustainability of safety standards and policies in the sector.
The AFARN president, Mr Kingsley Nwokoma, said this while speaking with aviation correspondents at the Murtala Muhammed International Airport, Lagos.
Nwokoma said that safety formed the bedrock of activities in the aviation sector.
There is, therefore, the need for stakeholders to collaborate in view of recent security development in the world in order to maintain safer skies, he said.
He said the collaboration would foster improved global operating standards in the country.
“Aviation is a sector that everybody should come together to grow; and we will all be proud of it.
“There are so many units that make up the industry and collaboration is the key to move the industry forward, we want performance but we must drive safety with it,’’ he said.
Nwokoma said that various issues in the aviation sector, such as safe skies, airport reforms among others had been slated for discuss at this year’s safety summit.
He said that the theme of the summit would be, “Collaboration for sustainable aviation in Nigeria, through safety to performance.’’
Nwokoma, however, decried the poor state of the Port- Harcourt International Airport and called on the government to invest in improving airport facilities in the country.
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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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