Business
COVID 19: Mixed Reactions Trail Lockdown In Rivers
Some entrepreneurs in Rivers State have expressed mixed feelings about the curfew imposed by the state government in some parts of Rivers State as part of measures to curtail the spread of coronavirus pandemic.
While some of them commended the state government for taking proactive measures against the dangerous disease, few others lamented the economic hardship the measure has inflicted on the citizenry.
In an interview with The Tide in Port Harcourt, the Managing Director of Willy Works and Marine Services Limited, Mr Williams Kalagbor, said the lockdown order was in the interest of the masses.
The Managing Director said the lockdown was necessary to save lives even though it would affect businesses “especially the renewal, when business men and women thought the lockdown is coming to an end”.
Kalagbor commended Governor Nyesom Wike for being proactive in the fight against the spread of COVID-19 in the state, saying those who criticised the lockdown lacked understanding about the whole pandemic. “I don’t know why people are always seeing things from the wrong perspective.
What we are talking about here is a deadly disease that can cause death and stop one’s business for ever.
“When the virus starts spreading and people start dying, the same people will complain that government is not doing enough to stop the pandemic”, he said.
On the effects of the lockdown on his business, he said everything was tied down as marine services have been badly affected, stating however, that “life is superior to what will be used to take care of it”.
Another entrepreneur, the Managing Director of Danlily Motors International, Mr. Daniel Effiong, said the lockdown was a step in the right direction to save lives of the citizens. Effiong noted that the total lockdown on the areas mentioned by Governor Wike was caused by disobedience of business men and women in the areas.
He noted that almost all the businesses were affected by the pandemic and that, “hunger is everywhere but we need to live.
“Let us obey government and stay at home because the period must be over. Only the living will go back to their businesses”.
A spare part dealer at Ikoku who pleaded anonymity, however, faulted the renewed lockdown order, stating that “people cannot stay at home and die in hunger when enough food has not been provided by government to all the citizenry”.
He reiterated that the three tiers of government in Nigeria have not done well compared to what is obtainable in other countries of the world in connection to the sit-at-home order.
The Tide reports that the Rivers State government yesterday placed a total lockdown on some parts of Port Harcourt City Local Government Area until further notice.
By: Lilian Peters
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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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