Business
NOA Advocates Anti-corruption Slogan On Nigerian Goods
The National Orientation Agency (NOA), says, it should be mandatory for all made-in-Nigeria products to have an anti-corruption slogan inscribed on them.
The Akwa Ibom State Director of the Agency, Mr Aniefiok Isitang, made the suggestion at the launch of anti-corruption stamps by the Nigeria Postal Service (NIPOST) in Uyo, recently.
In a Radio Nigeria news programme, monitored by The Tide, Isitang explained that this would create more awareness on the evil of corruption in the country.
The anti-corruption stamps that were launched in Uyo, are stamps that are meant to sensitise the public on the ills of corruption.
According to the state director of NOA, much still needed to be done in the area of sensitization for the war on corruption to succeed.
He further explained that to place it in the consciousness of Nigerians that corruption is a major cause of underdevelopment, all made-in-Nigeria products should bear anti-corruption slogans.
An official of the Independent Corrupt Practices and other Related Offences Commission (ICPC), Mr Ma Kaba Ishiaku, stressed the need for Nigerians to muster the will to fight corruption.
“We should be passionate about this and we know that corruption is dragging this country down and for you to help, you must ensure that what you are importing is genuinely something we can investigate and prosecute”, he said.
The Area Postal Manager in Akwa/Ibom State, Mrs Nsiabasi Essien, said NIPOST, issued the anti corruption stamps as a declaration of its support for the Federal Government efforts to stamp out corruption from the country.
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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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