Business
Immigration retirees beg FG for entitlements
No fewer than 1,300 officers of the Nigeria Immigration Service (NIS), affected by the downsizing exercise in 2006, have appealed to the Federal Government for the payment of their entitlements.
In a statement issued on Monday in Ilorin by Abdullahi Sulaiman on their behalf, the officers said that government’s inability to pay them had brought untold hardships to their families.
The statement said that 40 of the affected officers were from Kwara. The retirees stated that their gratuity and pension were not based on the Consolidated Para-military Salary Structure (COMPASS).
Sulaiman said that this was unlike their colleagues in Customs and Prisons Services who were also affected by the same restructuring.
He said that those categories of officers were being paid, based on the COMPASS structure, noting that all entreaties made by the affected officers nationwide to the immigration authorities had proved abortive.
“The Nigeria Immigration Service did not follow the Federal Government’s directive and guidelines in the computation and payment of our entitlements.
“This was the reason immigration officers received half of what their Customs and Prisons counterparts got even when the ranks and other factors are the same,” he said.
He, however, appealed to the government to order full investigation into the matter in order to ensure the payment of the short-fall
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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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