ThinkBusiness Africa has cautioned against a significant increase in tax on sugar-sweetened beverages. The firm advocates for an evidence-based assessment of the proposed amendment to the Customs, Excise Tariff Act. A steep tax hike could lead to higher consumer prices and production costs.
The firm warns that this increase may not result in corresponding public health benefits. ThinkBusiness Africa's concerns are related to the potential impact of the tax burden on the industry and consumers.
Further details on the firm's stance and the proposed amendment are available, providing more insight into the potential effects of the tax hike on sugar-sweetened beverages.
Senator Francis Fadahunsi has congratulated former Osun Deputy Governor, Iyiola Omisore, on his 69th birthday, hailing his service to the state and Nigeria Read More: https://punchng.com/fadahunsi-celebrates-omisore-at-69-hails-his-service-to-osun-nigeria/...
By Elizabeth Osayande LAGOS — The Lagos State University branch of the Academic Staff Union of Universities (ASUU-LASU) has declared a total and indefinite strike over what it described as the failure of the government to implement the 2025 ASUU/FGN Agreement. The union announced...
The Federal Ministry of Education headquarters in Abuja was on Tuesday thrown into turmoil as protesting workers shut down the ministry, booed senior officials and prevented the Minister of State for Education, Prof. Suwaiba Ahmad, and the Acting Permanent Secretary, Dr. Folake O...
The Nigeria Premier Football League, NPFL, rescheduled matchday three fixture between Rangers and Nasarawa United has been moved to the Dan Anyiam Stadium in Owerri. The encounter which was initially billed for the Awka City Stadium, Anambra, has been moved to the earlier mention...
The battle for the 2027 governorship ticket in Ogun State took a fresh controversial twist on Tuesday as the All Progressive Congress, APC, gubernatorial candidate, Senator Olamilekan Adeola, popularly known as Yayi, and his party man, Abayomi Hunye, clashed over allegations abou...
The African Democratic Congress (ADC) has accused President Bola Tinubu’s administration of worsening economic hardship in the country, following the rise in petrol prices to as much as ₦1,470 per litre. The party said the increase had made transportation and other basic ne...
Presenting the report, the committee chairman, Olumoh Sa’ad, said the review followed differences in the implementation of capital projects by ministries, departments and agencies (MDAs).. The post Lagos assembly approves N4.445trn 2026 budget reordering appeared first on Premium...
Former governor of Ekiti State, Ayo Fayose, on Tuesday, predicted that the presidential candidates of the African Democratic Congress, ADC, Atiku Abubakar and Nigeria Democratic Congress, NDC, Peter Obi will lose to President Bola Tinubu in 2027. Fayose made the remark while reca...
Nigeria’s Ambassador to Spain, Okezie Ikpeazu, has called for the revitalisation of existing bilateral agreements with Spain, including the Bilateral Air Service Agreement, to strengthen economic cooperation and people-to-people relations between both countries. Ikpeazu made the ...
The Nigerian naira recorded depreciation against the United States dollar at the official foreign exchange market on Tuesday. Central Bank of Nigeria, CBN data showed that the naira slipped against the dollar to N1,329.15 on Tuesday from N1,326.30 on Monday. This means that, on a...
The two newly deployed Mobile Police officers were killed while escorting the DPO of Ayilamo Police Division back to the Benue community. The post Bandits kill two police officers in Benue ambush appeared first on Premium Times Nigeria ....
Contrary to President Donald Trump’s claim that the US has unlimited weapons and was producing even more exquisite ones, the report stated that Washington was running short The post Pentagon report reveals Iran war depleted US ammunition stockpile appeared first on Premium Times ...
