Business
Cooperative Union Charges RSG On Roads Rehabilitation
The President of Etche Co-operative Union in Rivers State, Ambassador Akandu G. Nwagwuagwu, has reiterated the need for the state government to work on the deplorable major roads linking the area and the capital city of Port Harcourt.
Ambassador Nwagwuagwu in a release made available to The Tide in Port Harcourt over the weekend, said that the over flooded roads cause damage to the perishable farm produce.
“You can see that the deplorable condition of the road is affecting the entire state, because Etche is known as the ‘Food Basket of Rivers State’.
“This has tremendously affected the prices of food stuff in the markets, for example a basin of garri that was sold for N2500 is now sold for N5000”, he said.
The farmers co-operative leader noted that, “right from Chokocho bridge to our boundary with Imo State at Igbodo Etche, the road has become a no go area, the farmers are loosing their farm products due to lack of access road which also affects those living in the urban areas”.
Nwagwuagwu said that such problem would discourage investment in the agricultural sector.
He called on the His Excellency, Governor Nyesom Wike to use his good office to profer solution to the matter and avoid a situation where the road construction would be politicised.
“We know that it is a federal road, but how many years are we going to wait for the federal government.
“On behalf of Etche farmers who the deplorable condition of the road is affecting, we appeal to His Excellency, The Executive Governor to declare state of emergency on Chokocho / Okehi /Eketa Igbodo / OKpala road and to take immediate action on that road construction.
“The state government should also consider the reconstruction of Umuechem /Egwi /Afara /Mba / Umuaturu -Umujim /Umuokom -Ndashi /Umuine-Igbodo/Egbeke -Nwuba School to Land Akwu-Obuo/Obibi /Akwa /Odagwa ring road”, he said
He pleaded with the governor to call on the contractor handling the construction of general hospital Okehi to come back to site, so that farmers can get medical attention on time in case of emergency.
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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