Business
Port Harcourt To Host Workshop On SMEs
Port Harcourt, the Rivers State Capital is to host a workshop on cooperative development for SME business owners, corporate organisations and Government Agencies to promote Entrepreneurial growth and business development in the State.
The workshop which is tagged, “Pitaaqua Cooperative Workshop 2013” is organised under the theme “Cooperative Society as a Communal Tool For National Development,” will hold at the Conference Hall of the Ministry of Justice Port Harcourt from 3rd to 4th of July 2013.
According to a statement by the organisers of the workshop, Connect Communications, the workshop is a joint collaboration of the Rivers State Ministry of Commerce and Industry, as well as the Rivers State Cooperative Federation.
The statement disclosed that the three days event would afford stakeholders both in the private and public sectors, the opportunity to learn acquaint themselves with their proper roles and contributions to entrepreneurial growth through paper presentation by experts and discussants.
The statement also indicates that the focal points of the workshop will be on capacity development, in areas like Agriculture, Science and Technology, Management, Finances and Investment.
The workshop is also expected to attract the attention of Community Development Managers, Sales and Marketing Managers, International Embassies, Trade sections, Information Departments and manufacturers of Computer and its Allied products as well as the Oil and Gas Industry.
The statement called on all concerned stakeholders to avail themselves of the opportunity provided to improve their individual and collective capacity for entrepreneurial development.
Taneh Beemene
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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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