Business
FG To Replicate RUFIN Programme Nationwide
The Federal Government has expressed its determination to replicate the Rural Institution Building Programme across the country.
Senior Adviser on International Donor Partners to Minister of Agriculture and Rural Development Mr. Appeh Auta disclosed this to newsmen in Abuja on Tuesday.
Auta, however, said he was highly impressed with the successes of the seven-year pilot programme introduced in 2010 to reduce poverty in rural areas.
RUFIN is a programme sponsored by the International Fund for Agricultural Development (IFAD) in collaboration with the Federal Government.
The programme gives special attention to women, the physically challenged and rural youths through group formation methodology.
However, the programme was being implemented in the 12 states of Katsina, Zamfara, Adamawa, Bauchi, Benue, Nasarawa, Lagos, Oyo, Akwa Ibom, Edo, Anambra and Imo.
Auta said that though the pilot programme was expected to end in 2017, government was putting plans in place to replicate the programme across the country.
“RUFIN is a pilot programme and the funding stops in 2017, however, we are looking at how we can replicate the programme in all the local government areas in the 36 states.
“The real spirit and the education of RUFIN itself live on; it is not a financial system where we give out money to people.
“It is a programme that educates and builds the capacity of financial institutions and accredited groups in the rural community to be able to access credit.
“The programme has done this very successfully and people in Benue, Lagos, Adamawaý and other areas are singing its praises,’’ he said.
Speaking on the performance of the programme, Auta said he was highly impressed and moved by the results and testimonies he had seen and heard in the fields.
According to him, RUFIN does not only solve issues of financial accessibility to the rural poor society, it also helps to mitigate the myth of urban mobility.
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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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