Business
Council To Train Youths On Automotive Design
The Director-General, National Automotive Design and Development Council (NADDC), Mr Jelani Aliyu, says talented youths would be empowered with necessary professional training in contemporary automotive design and development using the most sophisticated technology.
Aliyu, said this in a statement issued by Mrs Felicia Izuorah, the Chief Information Officer in the council in Abuja last Saturday.
“The training will help them innovate, design and develop automotive and transportation solutions that are in tune with our culture, climate, geography and economic structure,’’ he said.
Aliyu said this while addressing members of staff of the council on how he intends to achieve the aims and objectives of NADDC.
‘‘I am committed to adding significant value to the automotive sector, and I very much look forward to working with all my team at the council to positively and dynamically engage all committed stakeholders.
”My objective is to create a win-win for all the progressive companies involved and for the Nigerian people,’’ he said.
Aliyu, is also General Motors Lead Exterior Designer, as well as the designer of Chevy Volt General Motors, world’s largest automobile makers.
According to Aliyu, the importance of the automotive sector, developed or not, cannot be underestimated, as it is both the direct provider of the logistics of life and the enabler of exponential multiplier effects.
He said that, it was fortunate that the present leadership was committed to diversifying the country from oil to industry and agriculture.
“This is an opportunity that we must seize to energise the automotive sector and make Nigeria not just another manufacturer of automobiles but an advanced hub of automotive innovation,’’ Aliyu said.
According to him, the manufacturing stakeholders must be encouraged and supported to leverage advanced technology in providing the most applicable, safest, most durable and cost-effective vehicles.
He said, the council would identify progressive technical partners and investors from around the world who would work with the council to develop the automotive sector potential in Nigeria.
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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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