Business
ITF Trained 19,100 Youths In 2016 – DG
Director -General In-dustrial Training Fund (ITF), Mr Joseph Ari, says the agency trained 19, 100 youths on the National Industrial Skills Development Programme (NISDP) in 2016.
Ari told newsmen on Tuesday that the mandate of the fund demanded the provision of adequate skilled manpower to drive the nation’s economy.
“We were able to train 10,100 youths in the first batch while 9,000 in the second batch of NISDP in 2016,’’ he said.
Ari said that NISDP was a product of Nigeria Industrial Revolution Plan (NIRP).
According to him, the youth were trained on fashion and garment making, GSM repairs, generator repairs, fish farming, poultry production, welding and fabrication and domestic electrical installation.
He said that the Micro, Small and Medium Enterprises were globally acknowledged as the oil required to lubricating the engine of socio-economic transformation of any nation.
Ari said that the development of industrial skills was one of the most critical issues faced by Nigeria today.
He added that the emphasis on skills development globally was increasingly on employable skills as the practical requisite and immediate skills needed by companies in the market place.
He said that the fund devised a holistic approach to the provision of employable skills for job and wealth creation in the areas where Nigeria had comparative advantage.
Ari said the areas were agro-allied, construction, services, ICT and Digital jobs, metal and solid minerals, light manufacturing, oil and gas.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
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.
-
Niger Delta4 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports4 days agoSimba open Nwabali talks
-
Nation4 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta4 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta4 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Rivers4 days ago
Fubara Restates Continued Support For NYSC In Rivers
-
Oil & Energy4 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
News4 days agoDiocese of Kalabari Set To Commence Kalabari University
