Business
Governor’s Aide Builds Town Hall For OBALGA Community
The Special Adviser to the Rivers State Governor on Lands, Sir Anugbum Onuoha, has built and donated a 500 sitting capacity ultra-modern Town Hall equipped with modern facilities for Rumuenyiwere Community of Rumuepirikom Clan in Obio/Akpor Local Government Area of the state.
Speaking with newsmen during the commissioning of the project, Onuoha said he intended to give the people of the community a sense of belonging in the present administration of Governor Wike.
According to him, it is part of the governor’s directive that those in government should carry their people along, saying, “we were directed by His Excellency that whatever we are getting should trickle down to the people at the grassroots”.
Onuoha noted that the project was aimed at emulating his political leader’s selfless leadership qualities and enjoined the people to utilize the project judiciously for the benefit of the entire people of the community.
It would be recalled that Onuoha had, over the years, touched the lives of his people through projects, empowerment which cut across Apara, Evo, Akpor and non-indigenes alike, as well as scholarships up to Phd level for youths, job creation and women empowerment, among others.
Earlier in a thanksgiving service held at St. Peters Anglican Church, Wimpey, Governor Wike reiterated his call to christian communities to continue to pray for the government to deliver the dividends of democracy to the people of Rivers State.
The building was commissioned by Governor Nyesom Wike, represented by the Secretary to the State Government, Barr. Kenneth Kobani who called on all political appointees to ensure that government is felt in all the community and commended Sir Onuoha for the project.
Collins Barasimeye
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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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