News
Impose Special Taxes On Alcohol, Cigarettes, Others, World Bank Tells FG
To improve primary healthcare of Nigerians, the World Bank has appealed to the Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages.
The World Bank Country Director for Nigeria, Shubham Chaudhuri, made the appeal in Abuja during the special National Council on Health meeting organised by the Federal Ministry of Health.
According to country director, if Nigeria wants to improve its healthcare, it needed to tax the things that are killing the people.
He explained, “The economic rationale for taxing these products is strong if we want to save lives and make a better and healthier Nigeria.”
Chaudhuri opined that taxes on tobacco, alcohol and sugar-sweetened beverages would reduce their consumption and expand fiscal space for universal health coverage post-COVID-19 and their health risks.
He suggested that investing in stronger health system for all would contribute to tackling rising poverty and inequality in the country.
He noted that with improved health tax increases, it would have additional advantage of reducing future healthcare costs by curtailing the growth of non-communicable diseases that tobacco, alcohol, and sugar-sweetened beverages cause.
News
Group Doles out N13m To Market Women In Isiama
News
Fubara’s Return Excites NCSU … As Hope Rises For Civil Servants
News
NDDC Organizes ADR Capacity Building for Staff
-
News4 days ago
WE’VE DUTY TO MAKE PEACE IN RIVERS PERMANENT – FUBARA …..Says He Won’t Take Mr President’s Kindness For Granted
-
Maritime4 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
News4 days ago
NDDC Organizes ADR Capacity Building for Staff
-
Opinion4 days ago
Marked-Up Textbooks:A Growing Emergency
-
Oil & Energy4 days ago
Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
-
News4 days ago
Scrap JAMB Age Limit Admission, Parents Beg FG
-
Sports4 days ago
Sunderland Keep Villa Winless
-
News4 days ago
Fubara’s Return Excites NCSU … As Hope Rises For Civil Servants