Business
Association Cautions Against Illegal Maritime Schools
The Nigerian Association of
Master Mariners (NAMM) has warned parents against sending their children to illegal nautical institutions in Nigeria.
The President of the association, Capt. Ade Olopenia, told journalists in Lagos on Tuesday that good nautical schools were those recognised by the International Maritime Organisation (IMO).
Olopenia said that a good maritime institution would help students to contribute to the development of the industry and the nation.
He spoke against the background of maritime schools that sprang up without the approval and accreditation by the Nigerian Maritime Administration and Safety Agency (NIMASA).
“We need media enlightenment on colleges that have been approved by NIMASA so that parents will know where to send their children,’’ he said.
The master mariner said that academies were profiting from the desires of uninformed Nigerians to gain academic qualification by cheating unsuspecting students and parents.
“There are many illegal institutions and unsuspecting students in their quest to further their academic pursuits go to any school that they see.
“What will be the usefulness of students to the nation and maritime industry if such schools are not approved,’’ he said.
The NAMM president said that it would be a waste of resources and manpower if students were allowed to continue in those illegal institutions.
On shipping companies, Olopenia said that indigenous operators had been asking for the opportunity to lift crude oil.
He said that this was because only foreign firms were involved in crude oil lifting and this, according to him, had caused the nation huge losses.
He expressed reservation that operators did not have details on the 60 per cent oil lifting contracts awarded to shipping companies owned by Nigerians.
“We do not have details of what contracts have been given to Nigerians, is it to lift crude or to do business or charter vessels to do the lifting?’’
He said that the Nigerian National Petroleum Company (NNPC) should publish the names of indigenous companies who received the contract.
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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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