News Agency of Nigeria
Kwara hoteliers tackle government over excessive taxation, harassment, coercion

Kwara hoteliers tackle government over excessive taxation, harassment, coercion

By Fatima Mohammed-Lawal

Hoteliers in Kwara appealed to Gov. Abdulrahaman Abdulrazaq on Saturday to save them from harassment, coercion, intimidation, extortion and unlawful locking up of their facilities by the state’s revenue agency.

They alleged that officials of Kwara Internal Revenue Service (KWIRS) regularly locked up their hotels without court order and that the action could lead to a collapse of the hospitality industry in the state.

President of the Association of Hotel Owners in Kwara, Alhaji Dauda Akande, and its General Secretary, Mr Babatunde Oladunmoye, represented the hoteliers in making the appeal.

They alleged that KWIRS regularly used the police to harass, intimidate, arrest, detain and charge members with criminal offences.

They alleged also that there was complete lack of synergy between KWIRS and the ministries, departments and agencies responsible for fixing and negotiating taxes and levies.

They stated that the lack of synergy had resulted in the serving of “crazy bills’’ on hoteliers as demand notices.

“Our members are not in the position to pay the huge bills under the current national economic situation.

“Currently our members pay more than 20 different taxes and levies to the federal, state and local governments.

“Over regulation and multiplicity of taxes is currently a huge disincentive to investments in Kwara’s hospitality and tourism industry,’’ they stated.

The officials stated also that association members were regularly served inaccurate demand notices that included bills dating back to the Covid-19 era when the pandemic demanded the shutting of all hotels.

“The collapse of the hotel business in Kwara will result in job losses and an increase in crime rates.

“We request that commercial properties paying commercial land charges to Kwara State Geographic Information Service should be exempted from business premises levy because this amounts to double taxation on the commercial property.

“Agencies established for social services like Kwara Environmental Protection Agency, and the Fire Service should be well-funded by government and not be converted to revenue-generating agencies with yearly revenue targets.

“Business associations should be allowed to pay taxes and levies from their members directly to government revenue accounts.

“This is to prevent extortion and diversion of percentages of the taxes and levies to private pockets through collusion and conspiracies,’’ the association stressed.

It warned KWIRS to stop locking hotels without court order since it could not be the judge in its own case, adding that the agency should follow due process in all tax matters.

“Our association may have no other choice than to approach a court of competent jurisdiction for redress if the locking up of our hotels without due process continues,’’ the association also warned.

Responding to the allegations, however, Head of Corporate Affairs at the KWIRS, Mrs Titi Ogunwale, explained that both parties had been engaged in series of dialogues and discussions.

She expressed surprise at the hoteliers’ allegations and explained that meetings were held and resolutions were made on how to resolve issues.

“I am surprised to see this coming up again; we have had continuous collaborations with all associations in the state.

“If they are not happy, they can invite us or we invite them for discussion, which we have been doing.

“We held meetings two weeks ago and resolution was made by both parties. I do not know where all these claims they are making are coming from,’’ she said.

Ogunwale explained that KWIRS had already explained the legal procedure on what should be done to the hoteliers.

She observed that the association’s allegations would not help matters and that KWIRS would continue to educate relevant stakeholders on the issue of taxation.

She stressed that the position of the law was that anyone engaged in business activities in the state and was making profit, must pay taxes.

She noted that where business owners were running at a loss, they were not required to pay any tax as long as they present their evidences to the service.

The KWIRS spokesperson explained that the agency only collect taxes based on assessment by relevant ministries and does not generate the bills.

Ogunwale stressed that the agency was not rigid and explained that where there were complaints, “business owners can reach out to the relevant ministry, which will in turn communicate decisions to KWIRS’’. (NAN)

Edited by Yinusa Ishola/Alli Hakeem

Lagos govt. begins clearing shanties, obstructions along Red Rail Line project

Lagos govt. begins clearing shanties, obstructions along Red Rail Line project

By Grace Alegba

The Lagos State government on Saturday began clearing shanties and reclaiming Right of Way (RoW) of the Red Rail project corridor from Agbado, Ogun, to Ebute Metta, Lagos.

The News Agency of Nigeria (NAN) reports that the enforcement team was led by the Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide.

Olumide was accompanied by the Special Adviser, e-GIS and Urban Development, Dr Olajide Babatunde; General Manager, Lagos State Building Control Agency (LASBCA), Mr Gbolahan Oki and senior directors of both the agency and ministry.

LASBCA is an agency under the Lagos State Ministry of Physical Planning and Urban Development.

NAN further reports that the enforcement started from the Lateef Jakande Station, Agbado, on the Lagos-Ogun boundary and continued through Iju to Babatunde Fashola Station, Agege.


All makeshift stalls along rail lines were removed; permanent structures including four new generation churches were partially demolished and other encroachments were removed.

Two new churches under construction were sealed and marked with quit notices while traders hurriedly removed their wares from makeshift stalls as they knocked down.

Members of the demolition team sensitised traders at various locations on the danger of trading on the new train corridor.

They spoke to traders in both English and Yoruba warning of consequences of returning to rail tracks, which included outright arrest and prosecution.

The LASBCA boss, Oki, insisted that the lives of residents of Lagos were “more important than any business,” as such the operation must be seamless.

Oki who supervised the removal of obstructions on the RoW insisted that houses whose fences encroached road setbacks must be removed.

Speaking on the exercise, Olumide said the enforcement would continue along the entire train corridor.

He said the exercise would be sustained to keep the Red Rail Line project corridor safe for all Lagos residents.

Olumide advised traders and other business owners to relocate to the markets, while instructing his team to inspect the corridor every Tuesday and Thursday to apprehend defaulters and charge them to court.

“What we are doing is a clean up of the corridor along the Red Rail Line because the train that is coming is going to be a very fast train.

“It is not advisable for pedestrians to be along the corridor basically for their lives. Life is much more important to the state government. And in that regard we have to clear up all that the corridor.

“We will continue to clean up this corridor from the beginning up till the end along the Red Line.

“People must desist from putting up any structure along this corridor. They just must comply because their lives more important to us.

“Go online and check all rail stations in the world. It is not a place for people to walk, trade or carry out businesses,” he said.

The Red Line Rail project is a 37 kilometre North-South rail route proposed to run from Agbado to Marina, with 13 stations.

The station are: Agbado, Iju, Agege, Ikeja, Murtala Muhammad International Airport, the Domestic Airport, Oshodi, Mushin, Yaba, Ebute Meta, Iddo, Ebute Ero, and Marina. (NAN)

Edited by Salif Atojoko

================

63rd Anniversary: Group tasks FG on agriculture revenue earnings

63rd Anniversary: Group tasks FG on agriculture revenue earnings

By Deji Abdulwahab

The Confederation of All Progressives Congress (APC) Support Groups has called on the Federal Government to diversify the nation’s economy from oil to agriculture revenue earnings.

It urged the government to go back to 1960s, where government invested heavily in agriculture and used its earnings to finance the national budget in the first Republic.

The Director-General of the group, Dr Kailani Muhammed, gave the advice in an interview with the News Agency of Nigeria (NAN) on Saturday in Abuja, in commemoration of the 63rd independence of the country.

Muhammed recalled that in the 60s, the country produced rice to feed Nigerians and people in West Africa and earned foreign exchange from agriculture, particularly rice from Niger State.

He added that Kaduna for instance, produced maize that fed the country and West Africa.

According to him, Nigeria needs to shift from oil earning because, corruption in the sector, has destroyed all the strata of the economy.

“After first Republic, those our grandfathers in the likes of Chief Obafemi Awolowo, Sir Ahmadu Bello, Tafawa Balewa and others, what they had in their minds, I think, was the country itself and not about materialism.

“From 1983 when the military took over till date, it has not been well because corruption has destroyed all the strata of the economy.

“There is no reason why Nigerians should be poor. I don’t want to say the oil that we have is a curse on us,” he said.

He expressed optimism that the present administration, with its “Renewed Hope Agenda” would bring back the agriculture sector to boost the nation’s economy.

“With all indications President Bola Tinubu is willing to do that, as he continues the implementation of agricultural policy of the past administration, particularly now that he has declared the state of emergency in the agriculture sector.

“So,  we hope that with all things being equal, it will work well for us, so that we will not depend on oil,” Muhammed said.

The director-general also urged Nigerians to borrow a leaf from an American man who was willing to die holding America’s flag because of patriotism and nationalism.

“This man believes in his country, what about us?. Unless we are able as a people to come together, to know that this country belongs to all of us and we don’t have any other country apart from Nigeria,” he said. (NAN)

Edited by Chinyere Nwachukwu/Isaac Aregbesola

FCT ‘one chance’ victim: FCCPC opens investigation over alleged healthcare neglect

FCT ‘one chance’ victim: FCCPC opens investigation over alleged healthcare neglect

By Ginika Okoye

The Federal Competition and Consumer Protection Commission (FCCPC) says it has opened investigation into an alleged healthcare neglect by Maitama District Hospital, Abuja, which led to the death of one Ms Greatness Olorunfemi.

FCCPC, in a statement by its Executive Vice Chairman, Mr Babatunde Irukera, on Saturday, said the investigation was to find out if Olorunfemi’s death was on account of failure implicated in the commission’s Patients’ Bill of Rights (PBoR).

Irukera said the investigation was also to know other enforceable legal instruments regarding attention and care to patients generally, especially in emergency situations where victims of criminal conduct required medical attention.

He said the commission welcomed the statement of the Office of FCT Secretary for Health Services and Environment, announcing a transparent broad investigation including a Coroner’s Inquest into the matter.

”FCCPC commiserates with Ms. Greatness Olorunfemi’s family, friends and associates who are affected by this tragic loss.

”There are disputed accounts of whether she received appropriate care, or delay pending production of a police report, or was brought in Dead on Arrival (DoA).

The commission has opened an investigation accordingly.

”Particular concern is if Olorunfemi died on account of failures implicated in the commission’s Patients’ Bill of Rights (PBoR) or other enforceable legal instruments regarding attention and care to patients generally.

”More specifically, in emergency situations where victims of criminal conduct require attention.

”Considering the facility concerned is a government institution and the commission’s determination to progress a limited inquiry into the consumer protection aspects of the events, the commission immediately engaged relevant stakeholders,”he said.

The executive vice chairman said the commission was looking forward to participating, supporting and collaborating with the FCT administration in the investigation.

The News Agency of Nigeria (NAN) reports that Olorunfemi was reportedly thrown from a moving vehicle along the Maitama-Kubwa highway.

She was said to be a member of the Young African Leaders Initiative (YALI) Network.

Moyosoluwa Oladayo, the YALI Network Abuja coordinator, said the deceased died due to delay by healthcare workers at the Maitama District Hospital.

“There is a viral video of her when she was thrown out of the vehicle.

She was unconscious and was reportedly taken to Maitama District Hospital where they kept asking for a Police report till she gave up twenty minutes later,” she said. (NAN)

Edited by Olawunmi Ashafa

UNFPA, NGO seeks end Female Genital Mutilation in Nigeria

UNFPA, NGO seeks end Female Genital Mutilation in Nigeria

By Olatunde Ajayi

The Action Health Incorporated (AHI), an NGO in collaboration with the United Nations Population Fund (UNFPA), has reiterated its commitment to stop Female Genital Mutilation (FGM) in Nigeria.

The Programme Coordinator, AHI, Ms Fatima Idris, who spoke on the sideline of a three-day capacity building on the use of digital technology on Friday, said FGM violates girls right.

The three-day capacity building was organised for selected 40 adolescent girls in Ibadan.

Idris noted that the objectives of the capacity was to increase the knowledge of FGM through the use of digital technology skills, mobilse and train the selected girls to become champions of FGM who would continue to coordinate FGM school clubs after the training.

She noted that FGM could be described as all procedures that involve the partial or total removal of external genitalia or other injury to the female genital organs for non-medical reasons.

According to her, FGM brought complications such as intense pain, excessive bleeding, urinary inconvenience, difficulties during menstruation, clitoral neuroma and difficulties during sexual intercourse and childbirth among others.

“FGM violates a series of well established human rights principles, norms and standard such as right to freedom from torture or cruel inhuman or degrading treatment.

“We have 30 in-school adolescent girls and 10 out-of-school adolescent girls from different schools and communities participating in the training.

“The training is exposing the participants to digital content creation skills to raise FGM awareness and the best three girls after the programme will go home with laptops.

“We are also teaching them how to pass the skills acquired to other girls in their various schools and communities around them.

“There will be a post training follow up visit to benefiting schools and communities to monitor the level of implementation across the schools and communities,” she said.

Also speaking, Director, The Gender/FGM Analyst, UNFPA, Uzoma Adedeji, said that any alteration, mutilation or cutting of female genitalia significantly alters the ability to perform physiological functions like childbirth.

She added that the maternal obstetrical complications of female genital mutilation substantially increases the risk of maternal death.

In the same vein, Mrs Toyin Adelowokan of the Oyo State Ministry of Health, in her presentation, warned that FGM victims could suffer infection of the uterus and vagina ascending from the genital wound and necrotising fasciitis.

According to her, female genital mutilation process could also lead to the formation of a keloid scar because of slow and incomplete healing of the wound.

A participant, Victoria Anozie of Ibadan Municipal Grammar School, said that the training had exposed her to technology skills that could be used to raise awareness against FGM, online violence and other forms of Gender Based Violence (GBV).

Also, another beneficiary from Hausa Community in Ibadan, Mariya Musa, thanked the organisers for the training, saying, “it will go a long way in reducing FGM practice in her community.”

The News Agency of Nigeria (NAN) reports that the capacity building featured presentation of laptops to best three participants and certificate to all the participants.(NAN)

Edited by Olawunmi Ashafa

CISLAC builds capacity of journalists for effective security, defence reportage

CISLAC builds capacity of journalists for effective security, defence reportage

By Angela Atabo

The Civil Society Legislative Advocacy Centre (CISLAC) has built the capacity of journalists to effectively report the defence and security sector.

Senior Programme Person, Peace and Security CISLAC, Bertha Ogbimi, made this known at a one-day Media Dialogue on “Effective Oversight and Defence Anti Corruption Reportage” in Abuja.

According to Ogbimi, the workshop is aimed at empowering journalists to effectively oversight the defence sector by asking the right questions to inform the public.

She said the workshop was also to know how to seek accountability and transparency in the sector where they fell short of best practices.

” Nigeria is bedevilled by multi dimensional security challenges and because of these, a lot of allocations have been launched into the defence and security sector.

” One would expect that normally, with the amount of monies being channelled to the defence and security sector, the issues pertaining to insecurity would have been addressed.

“However, unfortunately, we see an upsurge  in these challenges. As a matter of fact, a particular area called conflict entrepreneurship is booming.

“So you begin to wonder, why are we getting a counter reaction when we are putting in so much money.

Sometimes you get to talk with security personnel, and they tell you that they do not have what it takes to challenge armed opposition groups.”

Ogbimi added that although a lot of money was allocated in the defence and security budgets and allocations but the welfare of security personnel has remained a challenge.

“So some questions need to be asked, because the money is our taxpayers money and so we need some answers.

“We are not saying that the security operations and procurements and the finances of security institutions should be made completely bare

“We recognise the fact that there is such a thing as natural security, we are all patriotic citizens, we cannot bare our military in the public.

“What are those information that are not detrimental to national security that could be made available for citizens to truly understand where their taxpayers monies are going ?

Ogbimi said that given the fact that the insecurity kept increasing rather than reducing, it behoves of journalists to get answers to the critical questions .

She said this would help stakeholders in the defence and security sector play their roles and carry out their mandate effectively because the know they are being watched.

She said that this would help the security of Nigeria to fall in place.

Mr Senator Iroegbu, a facilitator, while speaking on Good Practices in Defence and Security Investigative Reporting, tasked journalists on their mandate.

Iroegbu said that investigative journalism was crucial for the purpose of transparency, awareness creation, reforms and to deter wrong doings .

He encouraged journalists to uphold the ethics of journalism while at it and to always seek to report the truth .(NAN)

Edited by Idris Abdulrahman

Malicious Facebook Post: Erisco Foods fingers ‘powerful syndicate’

Malicious Facebook Post: Erisco Foods fingers ‘powerful syndicate’

By Oluwafunke Ishola

The founder and Chief Executive Officer of Erisco Foods Ltd., Chief Eric Umeofia, says that a powerful syndicate keen on killing his company is behind the “false and malicious’’ social media post against the company.

Speaking to newsmen on Saturday in Lagos on the raging Facebook controversy, Umeofia said that the syndicate, whom he identified as importers of tomato paste had been pulling such pranks over the years.

“Their ultimate goal is to discourage Erisco Foods as Nigeria’s major local tomato paste maker and force Nigeria to depend on imported tomato paste,’’ Umeofia said.

He vowed, however, that he would continue to forge ahead, to make tomato paste locally and discourage importation of the product to save the Nigerian economy.

Umeofia, who is described as Africa’s top tomato paste maker, said that the purported review of ‘Nagiko Tomato Mix’ by a Facebook user, named Chioma Egodi, was apparently another attempt to smear a local brand that had put a Nigerian manufacturer on the map.

Records show that Erisco Foods has had a dominant presence in the tomato paste sector in Angola and Liberia over the years, positioning itself as the fourth largest of its type in the world.

He lamented that the offensive Facebook post had a tendency to impact negatively on the company, describing the development as “one of the painful experiences of engaging in manufacturing in Nigeria’’.

According to Umeofia, the so called review of ‘Nagiko Tomato Mix’ by Egodi, showed her total lack of knowledge of the ingredients used in the making of tomato paste.

Describing Egodi’s post as baseless and malicious, he said that the write-up was clearly meant to drag Erisco Foods to the mud and destroy one of its flagship products.

“She showed her determination to kill our brand and products so why should I let her go scot-free?

“For the past five years, I’ve not received any credit facility in Nigeria – no loan. For the past three years, I’ve not received one dollar as foreign exchange.

“I’ve been sustaining my local production from my foreign investments in Angola and the United Arab Emirates.”

Narrating how the incident unfolded, Umeofia said that after Egodi’s product review on social media, he reached out to his staff to find out if any complaint had been filed by Egodi.

“I found out that there was none — no product, no batch number, no production number – but a claim that our product is killing people.

“We released a statement that we would not allow our efforts of over 40 years of production to be destroyed by a syndicate of importers who had been fighting our products.

“We decided to defend our corporate identity by tagging her to the statement.

“Some people advised her to pull down the post that she’s destroying someone’s business but she refused.

“She abused those that had positive comments about our products but made thumbs up for those that criticised it. Then we knew she had a hidden agenda.

Umeofia added: “we had fought tomato paste importers for years because we believe that producing products locally was the best way to support economic growth.

“Should I now sit back and allow someone to destroy what we’ve spent over 10 years building?”

The chief executive officer said that efforts to reach Egodi proved abortive, necessitating Erisco Foods to petition the inspector-general of police to investigate the allegations.

“If my product has been killing people, I should be killed.

“I have over 3,000 workers in my factory and pay over 20,000 people indirectly. How can I allow syndicates to destroy my hard work?”

Umeofia clarified that the product under scrutiny was a tomato mix and not tomato paste and that the former always had sugar as an active ingredient, stressing that the product was certified by NAFDAC.

He displayed an apology letter, purportedly written to Erisco Foods through the Nigeria Police Force, regarding the product review Egodi had posted. (NAN)

Edited by Silas Nwoha

CSOs tasks govt on strategies to fund humanitarian services in northeast

CSOs tasks govt on strategies to fund humanitarian services in northeast

By Justina Auta and Sumaila Ogbaje

The Northeast Civil Society Network, an NGO, has tasked the Federal Government and the Northeast Development Commission (NEDC) to fund humanitarian and development needs in the region.

The call was made on Friday at a one-day retreat for CSOs, government agencies, humanitarian actors and relevant stakeholders in Abuja.

The News Agency of Nigeria (NAN) reports that the theme of the event is: “Developing Civil Society Agenda.”

Mr Ahmed Shehu, Chairman of the Forum, said the retreat was to restrategise towards promoting peace, development and security, as well as appropriate avenues for advocacy in the region.

” Considering the shrinking in funding and donor fatigue there is urgent need for the federal and state government, NEDC to take leadership role in coordination, funding and support humanitarian and development need in the Region,” he said.

Shehu acknowledged that the military operations in the region had improved security situation and access to some communities.

He noted that perimeter restrictions in area of returns need to be regularly reviewed to create an enabling environment for the affected population in pursuit of livelihoods and building resilience.

He also said that the processes of Deradicalisation, Disarmament and Reintegration (DDR) Borno Model should be all-inclusive and emphasise on healing and empowerment of victims.

According to him, the forum has intensified advocacy and constructive engagement between citizens and governments at all levels to ensure effective service delivery.

“This we believe will go a long way towards early warning, early response to crisis and curbing the trust deficit that is gradually widening by the day,” he added.

He also called on the governors to develop a regional peace, stabilisation, and development strategy to approach the peculiar challenges within the region.

Shehu also urged the NEDC to support the states by embarking on pro-poor and community-driven development projects, programs and set up a civil society liaison desk to fast track development in the region.

He urged government to invest in basic education, empower women and men towards building peace, empowering vulnerable groups and mitigate the chances of recruitment into violent extremism.

The chairman also advocated for increased budget line for nutrition to enhance the opportunity for preventing severe acute malnutrition and its consequences within the region.

Also UN Resident Coordinator to Nigeria, Mathias Schmale, reiterated supports to peace, development in the region and country at large, particularly for women, girls and the vulnerable.

” So if we want to deliver a relevant action to vulnerable people in the northeast and all of Nigeria, the role of local organizations is crucial.

” And I sincerely hope that the United Nations will continue to see that,” he said.

He also encouraged the CSOs to continue to be the voice of the vulnerable people and engage more with the government to address their needs.

He emphasised the need to get the international community in working with and through the local CSOs in making humanitarian concerns known to the government and engaging with them.

Muhammad Bulama, Senior Special Assistant to the President on Political and Special Duties, Office of the Vice President, said government would continue to partner with CSOs and other stakeholders to improve the lives and security of citizens.

Bulama said, ” The Federal Government intends to partner with them more to make sure that insurgency and terrorism are in the past.”

He said the CSOs had been playing vital roles in development, adding that the government would collaborate with them to ensure that people get what they deserve.

Similarly, Mr Audu Amba, National President, Nigeria Union of Teachers (NUT) stressed the need to prioritise access to quality education especially as peace and normalcy return to volatile areas in the region.

” Most of our schools were affected, IDP camps scattered all over most of the states in the northeast region.

” And with the advocacy on the struggle by civil society organisations, donors came up to assist by way of rebuilding schools.”

Amba noted the effects of insecurity in the region, particularly on the education system, urging for more commitment, funding and supports to the sector as well as others. (NAN)

Edited by Julius Toba-Jegede

FG mulls N75bn intervention fund for MSMEs — Minister

FG mulls N75bn intervention fund for MSMEs — Minister

By Ikenna Uwadileke

The Federal Government says it is putting in place a N75 billion intervention fund to support small businesses in response to the country’s current economic challenges.

The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, said this at the beginning of the 18th Abuja International Trade Fair (AITF) in Abuja.

The News Agency of Nigeria (NAN) reports that the trade fair is with the theme “Sustainable Financing and Taxation”.

Uzoka-Anite, represented by the Director of Commodity and Export in the ministry, Mr Kaura Irimiya, said the fund, which would be disbursed in March 2024 was to strengthen the manufacturing sector.

The minister said that the Federal Government would also provide small grants to micro businesses in each of the 774 Local Government Areas in the country.

According to her, the government has announced a plan to support small businesses and startups in Nigeria in response to the country’s current economic challenges.

“We intend to spend N75 billion by March 2024 to strengthen the manufacturing sector.

“We also intend to provide small grants to micro businesses in each to the 774 local governments of the federation.

“We have also earmarked a fund of N75 billion that will be used to support up to 100,000 start-ups and MSMEs at single digital interest rates repayable over 36 months.

“Last week, we launched the National Technology Export (NATEP) programme, in partnership with Microsoft.

“And earlier this year we launched the over $600 million Investment in Digital and Creative Enterprises (iDICE) program, in partnership with African Development Bank and other partners,’’ she said.

The minister emphasised that empowering MSMEs was key to empowering youths and women and enabling them to contribute to the nation’s economic development.

According to her, the growth of MSMEs has a positive impact on the economy as it enables individuals to support their families and add value.

In his message, the Minister of the Federal Capital Territory (FCT), Nyesom Wike expressed the administration’s readiness to collaborate with the private sector to reposition economic and business activities in the city.

Represented by the Mandate Secretary, Economic Planning in FCT, Mr Chinedu Elechi, Wike solicited the cooperation of the private sector, especially in the area of taxation toward boosting the FCT internally generated revenue.

Speaking earlier on the theme of the fair, the President of ACCI, Dr Al-Mujtaba Abubakar, said: “ AITF had served as a trusted global trade destination attracting over 500,000 consumers.’’

He said that the trade fair provided a platform for business relationships, trade opportunities and ideas.

“As a leading chamber of commerce and industry, we continuously strive to improve the quality of our trade events and this year we have added side attractions such as rewards, free jollof rice tasting and a fashion runway to enhance the fair’s appeal,” Abubakar said.

According to him, the trade fair is part of ACCI’s initiative to connect businesses and create a platform for policymakers to interact with the business community, recognising the vital role of small businesses in the national economy.

“We encourage everyone to participate in the 12-day event, engage in business networking and attend special days organised by government Agencies, Ministries and Parastatals, States, private sector and countries,” Abubakar added.. (NAN) 

Edited by Gregg Mmaduakolam/Bashir Rabe Mani

Extend rail network to border areas, Expert tells FG

Extend rail network to border areas, Expert tells FG

By Yetunde Fatungase

An expert in Economics, Dr Obindah Geshon, on Thursday in Abeokuta urged the Federal Government to look into extending the country’s rail network towards the border regions.

Geshon, in his lecture at the 38th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN), said this would help the country’s economy.

”This will help to tackle some of the challenges bedeviling the manufacturing sector,” the Associate Professor of Energy and Sustainability Economics at the Department of Economics and Development Studies, Covenant University in Ota, said.

The News Agency of Nigeria (NAN) reports that the AGM has as its theme “Re-engineering Economic Pathways for the Growth and Advancement of the Real Sector- Current Realities and Future Prospects”.

Geshon pointed out that if rail transportation was extended to the border areas, the pressure of increase in price of petrol and diesel would not affect cost of manufactured goods.

He also urged government to support manufacturers with cheap credits, just as it should create an enabling environment which would “boost their confidence in an uncertain economy”.

“Government needs to look at transportation, particularly rail transportation, which should be extended to all states and the border countries around.

“If the rail transportation is in place, all of the pressure of increased price of PMS and diesel will not affect the cost of manufactured goods.

“Government also needs to address logistics at the ports  —- the pricing and the time frame,” the Associate Professor said.

Geshon however, tasked manufacturers on the need to source inputs locally, saying this is a sure pathway to growth.

He noted that the fluctuation of the foreign exchange is adversely affecting the value of the Naira.

”In view of this, there is no sense in sourcing raw materials in dollars to produce goods that would be sold in Naira.”

Geshon also urged them to invest in renewable energy, and not individually but collectively as a body.

In his submission, Gov. Dapo Abiodun of Ogun noted that energy which has continued to be the driving force of the manufacturing sector has been unavailable as it should be.

“Successive administrations have not been able to proffer lasting solutions to the challenges of energy availability,” he said.

Abiodun, who represented by the Secretary to the State Government (SSG), Mr Tokunbo Talabi, lamented that a sizeable number of manufacturing firms have folded up.

He said this was due to irregular power supply and high cost of petroleum products, resulting in a rising unemployment rate in the country.

“It was with that determination to change the narrative and redirect our economy for greater performance in the real sector that the present administration summoned the courage to address the age-long conundrum in the upstream sector of our oil industry.

”This is through the deregulation policy that has led to the removal of subsidy,” the governor said.

Earlier in his address, the Chairman of Ogun chapter of MAN, Mr George Onafowokan, said manufacturers were groaning under the weight of diverse taxes by federal, state and local government agencies.

“These are bodies who regulate the same manufacturing process, using same checklists.

“This often resulted in multiple charges and increase production costs for the manufacturers.”

He then pleaded with the regulatory agencies, especially in Ogun, to harmonise their lists of requirements and visits to manufacturing outfits.

Onafowokan said this would help reduce the financial burden imposed on them by such visits.

“It is our plea that regulatory agencies, especially within Ogun, will harmonise their lists of requirements to reduce the financial burden on manufacturers.

“The tax net should also be expanded to bring in more revenue for the government, rather than putting undue pressure on manufacturers in the state,” he said.

The Ogun MAN Chairman expressed hope that the recommendations of the Presidential Committee on Fiscal Policy and Tax Reforms would lead to ending multiple and illegal taxation of manufacturers.

NAN reports that the committee was set up to review and harmonise major tax laws and revenue collection processes.(NAN)

Edited by Olawale Alabi

X
Welcome to NAN
Need help? Choose an option below and let me be your assistant.
Email SubscriptionSite SearchSend Us Email