Business
Elechi Beach Residents In Confusion As Quit Order Expires, Morrow
As the seven-day ultimatum
given to the residents of Elechi Beach in Mile One Diobu Port Harcourt expires tomorrow, majority of the residents have began massive evacuation of their personal belongings while others are approaching the notice in different ways.
Our reporter who visited the area yesterday morning reports that even when many were adhering to the government order, some are planning to protest the order.
One of the residents who spoke to our reporter Miss Ino Udoh said, “I am just confused. I don’t know where to move my properties to because I have not secured any other place but I’m considering going back to Akwa Ibom, my state, at worst”.
Another resident, John Etuk, who said he will participate amongst those to protest the seven-day quit notice said, “we want to first send delegation to the Rivers State Government House on Tuesday (yesterday) to confirm if it is actually an order from the government, because we learnt a group of people unknown persons are behind the order. So if we confirm and it is actually an order from the government we shall stage a peaceful protest to Government House to plead with the state government over the issue.
Etuk said if actually it is from the government, we plead that the order be extended to ending of this year, because the economy of the country is too harsh and difficult for us here”.
One of the landlords who pleaded anonymity agreed with the extention to end of the year, stressing that within the extention period, the landlords could see how to replace the batcher houses and shanties with modern block houses.
Another resident, Mrs Comfort John, said “since the order was announced, confusion has become the order of the day here. Businesses are no longer moving on because residents are worried on the next line of action of the government”.
She agreed that criminals have been disturbing the area which according to her justified the government order, but noted that many of the residents are innocent persons managing their lives.
“I urge Governor Nyesom Wike to consider and extend the ultimatum to two months to enable us properly prepare because seven days is not enough for one to properly move out because of the harsh economy.
Christiana Edem
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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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