Business
FAAN Manager Charges Airport Executives On Teamwork
The Regional Manager, South-West of the Federal Airport Authority of Nigeria (FAAN), Mr. Solomon Odughemi has called on all airport managers in the region to embrace teamwork.
Odughemi in a statement from the Corporate Affairs of FAAN called on the airport executives to embrace team work, during the meeting of regional managers held recently in Lagos, so as to achieve set goals.
He said that airports across the country have similar challenges militating against their smooth operations, and that some of the challenges include security and safety related issues.
Others, according to him, are manpower distribution, dwindling revenue occasioned by reduction in passengers and cargo movement due to economic recession.
According to the statement, five Airport Managers presented their 2016 annual report in their presentations as they highlighted their major achievements and challenges confronting their operations.
Their achievements include readiness for International Civil Aviation Organisation (ICAO), Certification of Murtala Mohammed International Airport, Lagos, establishment of Nursery and Primary School at the Akure Airport, improvement on the cooling and lighting system at IIorin and Benin airports, establishment of good working relationship among staff and airport community leaders of Ibadan airport.
The regional manager commended all the five airport managers at the meeting for their various achievements, and enjoined them to embrace the change Mantra, not just as a slogan but as a call to do things differently in order to achieve better result.
Corlins Walter
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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.
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