Business
Lawmaker Empowers Constituents With Financial Support In Ebonyi
The member representing Ohaozara/Onicha/Ivo Federal Constituency, Nkemkanma Kama, has spent millions of Naira among his constituents after he organised events to develop and expose budding talents in the three local government areas of his constituency.
This was done at the lawmaker’s country home, Ishiagu, during a prize presentation ceremony for winners of various competitions he organised during the Yuletide season.
He noted that development can only thrive in a peaceful atmosphere and therefore urged the people to embrace peace among all communities and also shun violence and other vices.
He said, “I discovered that we have a lot of talented youths in our constituency, and so we decided to organise the events to expose them and help them develop their talents.
“We have also taken note of complaints, and we will improve and make it better this year. The idea is to bring us together, to showcase our talents and cultures, to foster peace and oneness among ourselves.
“Elections are over; it is now time to face governance. My party is the Labour Party, but when it comes to governance, I am for everybody, irrespective of party.
“I was elected to represent the entire constituency. So let us embrace peace among ourselves, irrespective of party affiliations”.
The lawmaker also announced the employment of over 60 people to man over 10 constituency offices in the various communities.
He said the least amount of staff is to receive N50,000 monthly as salary, adding that they will help to coordinate his activities in the communities.
“They will also help in establishing all the necessary databases that will enable us to carry out our interventions seamlessly”, he said.
Winners of the football and Christmas Carol competitions were presented with a winning prize of N2.5 million.
The runners-up and third-place teams for each of the two categories also got their prizes of N1.5 million and N1 million, respectively.
There were also various awards for each participating football team and choir according to their positions.
In the talent hunt competition, winners in the six categories were rewarded with N250,000 each, while the runners up got N200,000 each.
There were also cash prizes for participants at the maiden Ohanivo Cultural Carnival.
The leader of the third-placed team, Brotherhood of the Cross and Star Church Choir, Ohaozara LGA, Mrs. Chinyere Akuma, commended the lawmaker for organising a free and fair competition.
The coach of the second-placed Onicha Community Football Team, Chukwu David, lauded the lawmaker and called on other politicians and well-to-do individuals to emulate him, adding that this would help the beneficiaries to start the small businesses.
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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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