Business
Oyigbo Youth Take Over Electricity Sub-Station …Hold PHED Staff Hostage
Electricity users that are getting their source of power supply from Kom- Kom Injection Sub-Station located inside Oyigbo Local Government Area, Rivers State may have been forcefully denied electricity as youths from Oyigbo took over the injection station at the weekend.
The denial of power supply to the residents and business outfits in the area was not unconnected with action of the Oyigbo Urban Youth Association which took over the Injection substation, forced the operators on duty to switch on their feeder that was at that time out of supply due to routine maintenance.
Sources informed The Tide that it was an act of fate that at the time the feeder was forcefully switched on, the technical crew was few minutes away from carrying out the maintenance job, otherwise the story would have been different.
The Tide gathered that the youths were still not satisfied after they switched on the feeder, as the two operators on duty were made to sit on the floor, held hostage, their phones taken away and, as at the time of filing this report, all attempts made by Port Harcourt Electricity Distribution Company (PHED) to set them free had not yielded positive result even as the rampaging protesters were still threatening fire and brimstone.
When contacted, the Corporate Communication Manager, John Onyi confirmed the incident and said PHED had made an official report to the police.
Onyi regretted the action of the youth in Oyigbo Urban and said the frequent harrasement of staff of the distribution firm is becoming barbaric and unnecessary.
He informed that on 28th January, 2018, the same association blocked PHED office in Oyigbo with fetish items, including casket, simply because of load shedding of their feeder.
According to him, “You may have the right to protest if you feel aggrieved with the service delivery but not to take the operations of an injection substation on high voltage with total disregard to safety of lives and property.”
“The Port Harcourt Electricity Distribution Company (PHED), is therefore calling on opinion leaders in the area to wade in and restrain their children from taking laws into their hands.”
Onyi, who assured that PHED will continue to engage its customers to foster collective growth through the provision of safe electricity to customers, however said it must be noted that electricity supply is not free.
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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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