Business
FG Empowers 4,200 Farmers In Delta
The Federal Government
has empowered 4,200 farmers in Delta with fertilisers, says the state Commissioner for MDGs, Mrs Victoria Ikechukwu.
Ikechukwu made this known at a ceremony to mark the distribution of Goodluck Ebele Jonathan (GEJ) branded fertiliser to rural farmers and women in the state.
She said that the event was made possible by the magnanimity of the President, through the office of the Senior Special Assistant to the President on MDGs and Federal Ministry of Agriculture and Rural Development.
Ikechukwu said that the importance of the programme could not be over-emphasised, considering the activities of middlemen in the industry over the years.
According to her, middlemen had made the product exorbitant for farmers in the South-South geopolitical zone.
The commissioner also said that the overall aim of the exercise was to encourage and boost agriculture in Delta.
She said that the fertiliser distribution would strengthen the attainment of the MDGs on eradicating poverty, hunger and promotion of gender equality and empowerment.
Ikechukwu said that a total number of 250 Conditional Cash Transfer (CCT) programme beneficiaries would benefit from the fertiliser distribution.
Mr Felix Kehis, a director in the Federal Ministry of Agriculture and Rural Development, said that the distribution of the fertilisers was aimed at promoting food production.
He said that the Agricultural and Transformation Agency (ATA) had assisted farmers with farm inputs through their mobile phones under the Growth Enhancement Support Scheme (e-wallet).
He said that one of the strategies was to empower women and youths to increase food production, wealth generation and job creation.
He said that the Federal Government had been training women and youths since 2012, stressing that the aim was to empower women and youths with fertilisers to enhance bumper harvest.
Mrs Ngozi Isaac, a beneficiary, said that farmers would do better, if fertilisers were made available to 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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