Business
Union Tasks RSG On Agric Projects
The National Agricultural Production Cooperation Union of Nigeria (NAPCUN), Rivers State chapter has called on the Rivers State Government to consider the yearning of the public to revive all inclusive agricultural programmers to boost food production and employment generation in the state.
The State Coordinator of the Union, Mr. Godwin Emmanuel made the appeal in an interview with The Tide in Port Harcourt, Monday.
Emmanuel, who commended the Governor of the state, Chief NyesomWike on his numerous development programmes and projects since inception of the government in the state, expressed the need to revive all government abandoned agricultural projects to reduce unemployment and poverty in the state.
He said the union in the state had conducted a research on the abandoned governments agricultural programmes, such as school- to land programme centers in Etche, Iriebe and Songhai farm in Tai LGA, Fish Farms in Buguma, Andoni and in Ikwerre area and saw huge potentials that would make the state grow economically and decided to draw the attention of the state Government to the sector.
According to him, the agricultural sector can engage over 15,000 youths in terms of employment, increase food production as well as revenue generation for the government in the state.
The union’s coordinator noted that it would equally reduce youth involvement in crimes on the streets of various cities, towns and villages of the state.
Emmanuel further appealed to the Governor, Chief Nyesom Wike, to extend his road rehabitation and construction to rural areas, where most of the farm land and programmes are established for easy transportation of goods and crops for consumptions.
Enoch Epelle
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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.
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