Business
Council Mulls Alternative Power Supply
The Bida Emirate Council in Niger State, says it is contemplating partnership with some investors to maximise the use of solar energy for steady supply of electricity in Bida and environs.
The Emir of Bida, Alhaji Yahaya Abubakar, gave the indication at a news conference recently in Bida at his palace.
This followed the protest by a crowd that thronged his palace to register some grievances over the epileptic power supply in the town.
“The temperature of Bida must be harnessed towards generating power through the sun for the need of the people.
“We cannot afford to waste this high temperature in Bida,we must maximise it through the solar system.
“The investors we are bringing in will also invest in electricity along side the solar,” he said.
Abubakar, appealed to the protesters to exercise more patience for the initiative to bear fruits as soon as possible.
“I advise all of you to remain calm because this situation has been with us for some time.
“I will go through the position paper that the conveners gave me to see the input I can make before presenting it to the appropriate authority.
“This situation has been with us for some time, a situation where they will fix the problem and after a fortnight the problem erupts again does not augur well for development, “ he said.
According to the emir, there is no country on earth that can develop optimally with epileptic power supply.
“Small and medium enterprises ought to thrive in Bida because of the population here but for epileptic power supply,” he said.
Abubakar, also critici-sed the billing system of Abuja Electricity Distribution Company (AEDC), saying it had become very “exorbitant and harsh for the people to grapple with”.
“It is the dissatisfaction the people are having from AEDC that has brought about the protest,” he said.
The protesters had earlier blocked the highway passing through Bida from 6: 00 a.m. to 12 noon to express their grievances against the epileptic power supply from AEDC which office was also locked up.
The action caused a traffic jam for motorists traveling to various destinations through the road.
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.
-
Niger Delta5 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports5 days agoSimba open Nwabali talks
-
Nation5 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta5 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta5 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Rivers5 days ago
Fubara Restates Continued Support For NYSC In Rivers
-
Oil & Energy5 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
News5 days agoDiocese of Kalabari Set To Commence Kalabari University
