Business
Police Move To Flush Out Land Grabbers In Lagos, Ogun
The police have warned
land grabbers terrorising some residents of Lagos and Ogun States to desist from it or face the full weight of the law.
Assistant Inspector General of Police (AIG), Zone 2, Mr Abdul-Majid Ali, gave the warning at a meeting with senior police officers and some stakeholders in Lagos.
Ali, who said the practice was unacceptable, directed Commissioners of Police and anti-crime teams in Lagos and Ogun State to dislodge the hoodlums.
Ali said he had received more than 300 petitions against land grabbers since he assumed office on Aug. 1.
He directed that any land grabber caught in the act or planning to cause brouhaha in any part of the zone should be arrested.
“The suspects will be treated like armed robbers, kidnappers or murderers, as their criminal actions are tailored to these capital offences’’, he said in the statement.
Ali also promised to work with the governments of Lagos and Ogun States to fully enforce any law made to checkmate land grabbers and their criminal acts within the zone.
Ali urged members of the public to report any illegal act of the land grabbers to the police.
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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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