Business
EIRS Explains Non-Availability Of Vehicle Number Plates
The Edo Internal Revenue Service (EIRS), has attributed the non-availability of vehicle number plates in the state to lack of supply from the Federal Road Safety Corps (FRSC).
Mr Courage Eboigbe, Head of Corporate Communication, EIRS, said this in an interview with The Tide’s source yesterday.
Eboigbe said, “the FRSC is not supplying, it is a nationwide issue. It is wrong to say that we are not applying for vehicle number plates.
“FRSC is responsible for the production, but due to maintenance it cannot produce number plates which are issued to state internal revenue services for sale to end users.
“The ones we have are exhausted, but we have already placed order for number plates.’’
Eboigbe urged motorists in the state to be patient and assured them that as soon as the FRSC made supply, they would get them.
NAN reports that some motorists in the state had complained that they could not get the new number plates to replace the old ones.
They called on the FRSC to expedite action on the production of number plates to stem hardship they face in acquiring them.
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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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