Business
NGOs Mobilise To Preserve C’ River Forests
The National Coordinator of Coalition of Environmental Non-Governmental Organisations (NGOs), Dr Odigha Odigha, has said the coalition was working to ensure that the Cross River forests remained intact.
Odigha told newsmen in Lagos that the NGOs would not leave any stone un-turned to ensure that the forests were preserved.
According to him, it is only the Cross River State forest that was still qualified to give the nation the desired earnings from carbon emissions.
The Tide gathered that the Cross River State Government in February 2017 threatened to begin construction work on the Super Highway, without approval from the Federal Government.
Governor Ben Ayade had earlier said the Cross River National Park had become an evil forest and that the old trees could no longer absorb carbon dioxide (CO2) and were drying up.
“The Environmental NGOs have worked hard in trying to meet the United Nation’s Reducing Emissions from Deforestation and Forest Degradation (UN-REDD) requirement.
“We have scaled the major hurdles and expecting that soon, we will qualify for the earnings and now this issue of the Super Highway.
“The way the Super Highway is planned as we have continuously shown will set the nation back to square one.
“As l speak, the nation’s forests cover is just 5 per cent from almost 80 per cent in the ‘70s.
“If we are careless and fail to do anything now, the whole country will regret this in future.
“The NGOs are just fighting for the future of this country as a whole and for the sake of the environment,’’ he said.
Odigha said that the communities already knew the danger such development would cause and what they stood to lose if such a highway was allowed to destroy their entire natural resources.
He said that the NGOs were continually mobilising the communities and enlightening them on the forest rich resource and how they were to benefit from them.
Odigha said that the coalition had taken very seriously the Cross River State Government threat to start construction of the super highway, without approval.
He said the NGOs were doing everything within its power to ensure the forest was not tampered with.
“There is still a directive of the Federal Ministry of Environment that work should stop at the site.
“If the state governments start work before the ministry’s approval, it will be acting against the law,’’ he said.
Our source reports that Ayade said that the forest where the Super highway would pass was no longer adding any value.
The super highway is planned to be 12-lanes, 260 km (162 miles) long, which will link a proposed deep seaport from Bakassi on the shores of the Atlantic Ocean, to the border with neighbouring Benue State.
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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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