Business
Group Tasks Women On Skills Acquisition
A group, When Women Win (WWW) has urged Nigerian women to contribute their quota to the country’s economy through skills acquisition.
The founder of the group, Mrs Omotola Oyebanjo, made the call at the WWW Accelerate Career and Business Expo at the Radisson Blu Hotel, Ikeja, Lagos.
Oyebanjo urged Nigerian women to be resilient and learn all they need in order to improve their businesses and careers.
“The objective is to especially empower women so that they can take their position in the Nigerian economy.
“Nigerian business women should be resilient, stay strong. I know that sometimes it can be really challenging and stressful.
“But nobody gets to the end of the journey if they quit, so it is important to keep going and it is also good to learn what you need to learn to make sure that we take it to the next level.
“So if we have the other 50 per cent, you know women are about 49 per cent in the economy, if the other 50 per cent can be empowered enough to do what they need to do, they will go far”, she said.
She said it was pertinent to encourage them in their business and career terrains to succeed in their various fields of endeavour.
“What we are trying to do here is to create an environment where women can come in and discover opportunities, and knowledge and information they need to succeed.
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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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