Business
21 Ships Discharge Products At Lagos Ports – NPA
The Nigerian Ports Authority (NPA) said 21 ships at the Lagos ports were discharging bulk wheat, general cargo, frozen fish, container, bulk salt, bulk soya, petrol and butane gas.
The NPA disclosed this in its publication, ‘Shipping Position’, and made available to The Tide source in Lagos yesterday.
The NPA said it was also expecting 20 other laden with petroleum products, food items and other goods from July 20 to 30.
The report said that the ships are expected to arrive at the Lagos Port Complex.
The publication said the ships contain general cargo, bulk salt, bulk wheat, bulk sugar, container, trucks, bulk gypsum, base oil, automobile gasoline, jet fuel, petrol, palmitic palm fatty acids, bulk steam coal and bulk fertilizer.
Meanwhile, another five ships that had arrived the ports were waiting to berth with container, general cargo, and petrol.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
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.
-
News3 days agoDon Lauds RSG, NECA On Job Fair
-
Niger Delta1 day agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports1 day agoSimba open Nwabali talks
-
Nation1 day agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Transport1 day agoNigeria Rates 7th For Visa Application To France —–Schengen Visa
-
Niger Delta1 day ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Niger Delta1 day ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Oil & Energy1 day agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
