Business
Agency Tasks Power Contractors On Original Kits
The Managing Director, Nigeria Electricity Management Services Agency (NEMSA), Mr Peter Ewesor, has warned power sector contractors against use of substandard materials and equipment.
Ewesor gave the warning in an interview with newsmen, against the backdrop of frequent use of substandard electricity materials by power contractors.
He said that the agency had inaugurated an Electricity Installation Contractors Certification Panel (ZEICCP) office in Lagos to certify equipment used by contractors.
The managing director said that many lapses had been identified in the power sector and other workplaces where electricity was used in the area of electrical installation.
According to him, the substandard electricity materials have resulted to unstable power supply and fire incidences.
Others, Ewesor said, included design and construction failures, improper planning and execution of electricity projects, use of substandard materials and equipment and deliberate oversight of the procedures.
He said that those lapses were largely responsible for the networks getting into states of disrepair soon after they were commissioned for use.
“The safety, reliability, quality and efficiency of power supply to the populace largely depend on the quality of networks and systems that are built according to specification and standard.
“The utmost goal of NEMSA is to stamp out unqualified electrical installation contractors and bad electrical installations in Nigeria.
“This is to ensure the delivery of uninterrupted power supply to Nigerians, ensure safety of lives and property and take Nigerians out of darkness into light,” Ewesor said.
The Nigerian Electricity Management Services Agency (NEMSA) was set up by NEMSA Act No.6 of 2015 to carry out the functions of enforcement of Technical Standards and Regulations, Technical Inspection.
The agency is saddled with testing and certification of all categories of electrical installations, electricity meters and instruments to ensure efficient production and delivery of safe, reliable and sustainable electricity power supply.
It also guarantees safety of lives and property in the Nigerian Electricity Supply Industry and related matters.
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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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