Business
Employment Racketeering: Rivers LG Workers May Lose Jobs
Facts are beginning to
emerge over the recent local government employment carried out by the last administration in Rivers State.
A source close to The Tide hinted that almost half of those employed by the various local councils in the last administration would lose their employments.
According to the source, part of the reasons was that the jobs were not advertised and due process was not also followed.
The source said only a particular local government council approached the local government commission for approval to employ 100 workers.
It revealed that rather than the 100 workers approved by the commission, the said council employed over 200 employees.
The source was unable to give the exact number of the total employees, but said there would be fresh recruitment exercise to replace those who may fall under the hammer.
He explained that the moves to ascertain the true position of the last local government employment was a cause of the recent delay experienced in their salary payment.
The Tide learnt that some local government workers have not received their salaries for about three months.
All efforts to hear from the President of National Union of Local Government Employees (NULGE) Rivers State branch, Mr Franklyn Ajinwo, proved abortive, due to his failure to respond to calls.
King Onunwor
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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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