Business
‘ULC Protect Workers’ Welfare’
The Rivers State Chairman of United Labour Congress (ULC), Comrade Charles Eleto has said that the new Labour Union in the state was to protest and preserve the welfare of Nigerian workers in the state.
He stated this, during his address at the inauguration of the state’s ULC chapter in Port Harcourt at the weekend.
Eleto, said that the union was also prepared to dismantle all problems and challenges that characterize low productivity.
The union leader, also informed that his leadership would control the issue of victimization, intimidation and other challenges that workers face in the country.
He further pointed out that the union would address challenges like outright sack, non payment of entitlements by greedy captains of labour.
According to him, both captains of Labour and oil Companies operating in the state are guilty of non commitment to worker’s welfare, saying that the end to such has come.
In his speech, the immediate paid factional NLC leader in the state, Comrade Adah Williams, tasked the Eleto-led government on the need for unity.
He was of the view that since unity was the strength of the union, it would be out of place to operate under any form of crisis.
Williams also cautioned against divide-and-rule syndrome, adding that all must be carried along in the interest of the union.
Also speaking, ex-Trade Union Congress (TUC) chairman in the state, who swore in the executives of the union, Comrade Chika Onuegbu, charged them on the importance of team work, saying that a house divided against itself cannot stand.
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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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