Connect with us

POLITICS

Stakeholders Disagree with Senate Push to Hike Excise Duty for Sweetened Beverages

Published

on

Share

By Eze Okechukwu, Abuja

Critical stakeholders in the Finance and Health sectors yesterday disagreed with the Senate’s plans to increase excise duty on Carbonated Sugar Sweetened Beverages (SSB) through the amendment of the extant law.

The Senate Committees on Finance and Customs had pursuant to further consideration of a Bill seeking for percent levy of excise duty per litre of SSB, in discouraging consumption of high sugar by Nigerians organized public hearing on the legislation.

But at the public hearing chaired by the Chairman of Senate Committee on Finance, Senator Sani Musa (Niger East), stakeholders disagreed by either supporting or kicking against the proposed legislation.

Specifically, the Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate in his submission, declared that his ministry supported the proposed bill which, according to him, represents a progressive, evidence-based approach to public health financing.

“We commend the Senate for proposing a bill that seeks to increase the excise tax on sugar-sweetened beverages (SSBs) and earmark part of the revenue for health promotion.

“This measure demonstrates strong political will, aligns fiscal policy with public health goals, and provides sustainable financing for prevention programmes—critical steps toward achieving universal health coverage”, he said .

He added by recommending to the committee to Increase the current SSB excise tax from ₦10 per litre to at least 20% of the retail price, in line with the World Health Organization’s recommendation, earmark or plough back at least 40% of the revenue generated to fund public health programmes specifically targeted at the prevention and control of diet-related non-communicable diseases.

According to him, if we fail to act now, in 10 to 20 years, we will face a far higher burden of diabetes, hypertension, and other complications that will place even greater demands on our fiscal resources for treatment, saying “Prevention is far more cost-effective than cure”.

Though representatives from other stakeholders like the Nigeria Cancer Society, Diabetes Association of Nigeria etc, supported the proposed bill, but the Manufacturers Association of Nigeria (MAN),The Ministry of Finance , Nigeria Employers Consultative Association ( NECA) etc, kicked against .

MAN represented by one of its Directors, Adeyemi Folorunsho said the proposed law may lead to job losses in the manufacturing sector and called for restraint.

He debunked the claim that consumption of SSB by Nigerians leads to diabetes, obesity and other related diseases.

According to him, “Contrary to erroneous belief, Nigeria has the lowest rate of Sugar consumption in the world which is 8.3million kilograms as against 22.1million kilogrammes that it’s supposed to be.

He advised the committee to adopt win – win engagement and approach for the proposed legislation.

The Committee Chairman in his closing remarks, assured all the stakeholders that legislation that would be presented to Nigerians at the end of the day, shall be fair, transparent and people oriented.

POLITICS

Tinubu Signs 2025 Budget Amendment Bill

Published

on

Share

By David Torough, Abuja

President Bola Tinubu has signed the Appropriation (Amendment) (No. 4) Bill, 2025, extending the implementation period of the 2025 budget from September 30, 2026, to December 31, 2026.

The amendment was passed by the Senate and the House of Representatives on Tuesday, September 29, 2026, before being transmitted to the President for assent.

According to a statement issued on Wednesday by Bayo Onanuga, Special Adviser to the President on Information and Strategy, the extension will give Ministries, Departments and Agencies (MDAs) additional time to complete ongoing capital projects.

The statement said the move would ensure that funds already appropriated are fully utilised without disrupting critical government programmes.

“The extension gives Ministries, Departments and Agencies more time to complete ongoing capital projects,” the statement said.

“It ensures that funds already appropriated are fully put to work for Nigerians, without disrupting critical programmes.”

Tinubu also commended the leadership and members of the National Assembly for what the statement described as the prompt consideration of the amendment.

The president said the development demonstrated continued cooperation between the Executive and Legislative arms of government in the interest of the country.

The amendment therefore allows the Federal Government to continue implementing the 2025 budget until December 31, 2026, instead of the earlier September 30 deadline.

Continue Reading

POLITICS

Tinubu Submits NDDC 2026 Appropriation Bill

Published

on

Share

President Bola Tinubu has submitted the 2026 Statutory Budget Proposal of the Niger Delta Development Commission (NDDC) to the House of Representatives for consideration and passage.

This is contained in a letter dated Aug.

20, 2026, addressed to the Speaker of the House of Representatives, Rep.
Abbas Tajudeen and read by the Deputy Speaker, Rep.
Benjamin Kalu at plenary on Tuesday in Abuja.

In the letter, Tinubu said that the budget was prepared by the Minister of Niger Delta Development in line with the provisions of Section 121 of the 1999 Constitution.

According to him, the proposal was based on the NDDC’s revenue and expenditure forecasts and it aligned with the fiscal and developmental policies of the Federal Government and the Renewed Hope Agenda.

He said that the proposal also took into consideration the 2024–2026 Economic Recovery Growth Plan as well as key assumptions of the 2026 Appropriation Act of the Federal Government.

The President said the NDDC had prioritised programmes aimed at improving youth empowerment, energy and power supply, education, industrial and enterprise development, health and security.

He also listed increased agricultural productivity among the commission’s priorities, saying the interventions were intended to lift a significant number of citizens out of poverty.

Tinubu urged the House to give the proposal consideration and ensure its timely passage.

“I look forward to the timely passage of the 2026 Statutory Budget Proposal of the NDDC by the House of Representatives,” he said. (NAN)

Continue Reading

POLITICS

Akume Tasks MDAs on Concrete Actions to Strengthen Transparency, Public Trust

Published

on

Share

By David Torough, Abuja

The Secretary to the Government of the Federation, Sen. George Akume, has charged Ministries, Departments and Agencies (MDAs) to translate the findings of the 2026 Transparency and Integrity Index (TII) into concrete improvements in their operations in order to strengthen accountability and public trust.

He gave the charge while delivering the keynote address at the presentation of the 2026 Transparency and Integrity Index held at the Auditorium of the Federal Ministry of Finance, Abuja.

The SGF said the administration of President Bola Tinubu, remains committed to open, accountable and responsible governance, stressing that public institutions must ensure that their policies, programmes and actions are transparent, visible and understandable to Nigerians.

According to him, the Index has become a vital instrument for assessing accountability, openness and ethical standards across government institutions, while providing MDAs with clear benchmarks to identify areas of strength and gaps requiring improvement.

He urged heads of MDAs to integrate the findings and indicators of the Index into strategic planning, performance management, budget priorities, procurement processes, staff training and digital disclosure rather than allow the report to become another document left unused.

“The report should not sit on the shelf and should inform management decisions, budget priorities, procurement processes, staff training, digital disclosure, and how you communicate with the public,” he said.

Akume emphasised that transparency should be viewed as an institutional asset rather than an administrative burden, noting that integrity must be embedded in the procedures and culture of public institutions through clear policies, proper record-keeping, effective oversight, ethical leadership and consequences for wrongdoing.

He further tasked MDAs to take advantage of technology by ensuring that their websites and data portals provide accurate, timely and user-friendly information, including current budget, contract and service information, to enable citizens to effectively engage government and track the utilisation of public resources.

The SGF explained that the 2026 TII assesses public institutions in five critical areas comprising fiscal transparency, open procurement and contracting, human resources and inclusion, control of corruption and citizens’ engagement, adding that the initiative complements existing public service reforms, anti-corruption measures and Nigeria’s Open Government Partnership commitments.

He noted that the ultimate objective of transparency and integrity should go beyond institutional rankings to building public institutions that Nigerians can understand, engage with and hold accountable, while safeguarding public resources and improving service delivery.

“The Federal Government remains fully committed to this goal. We will continue building institutions that are transparent, accountable, professional and responsive to the needs of the people,” the SGF said.

Akume commended the Bureau of Public Service Reforms (BPSR) and the Centre for Fiscal Transparency and Public Integrity (CeFTPI) for sustaining the initiative, while calling for stronger collaboration among government, civil society, professional bodies, development partners and the media in strengthening transparency and bringing corruption to its knees.

Continue Reading

Advertisement

Top Stories

Metro1 hour ago

Insecurity: FCTA Completes Ushafa, Saburi Divisional Police Headquarters, 10 Underway

ShareBy Laide Akinboade, Abuja In order to boost security, the Federal Capital Territory Administration (FCTA) on Wednesday said it has...

NEWS1 hour ago

2027: I ‘ll Resign As Minister If Tinubu Loses FCT, Rivers – Wike

ShareBy Laide Akinboade, Abuja The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has declared that he will step...

NEWS1 hour ago

‎JAMB Extends Deadline for 2021–2025 Outstanding Admissions to Nov 30

ShareThe Joint Admissions and Matriculation Board (JAMB) has extended the deadline for candidates with outstanding admission offers from the 2021...

NEWS1 hour ago

BIPC Board Inspects Taraku Mills Preparatory to Test Running

ShareFrom Attah Ede, Makurdi The Board of Directors of the Benue Investment and Property Company Limited (BIPC) has inspected the...

NEWS1 hour ago

UBEC Renovates 287 Schools, over 4,000 Classrooms Nationwide

ShareThe Universal Basic Education Commission (UBEC) said it has renovated 287 schools and more than 4,000 classrooms across the country...

Metro1 hour ago

Nigeria at 66: FG Declares Thursday, Public Holiday

ShareThe Federal Government has declared Thursday as a public holiday to mark Nigeria’s 66th Independence Anniversary. The Minister of Interior,...

POLITICS2 hours ago

Tinubu Signs 2025 Budget Amendment Bill

ShareBy David Torough, Abuja President Bola Tinubu has signed the Appropriation (Amendment) (No. 4) Bill, 2025, extending the implementation period...

NEWS14 hours ago

NAN Backs Insurance Sector’s Transformation Agenda, hails NAICOM

ShareBy Tony Obiechina, Abuja The National Association of Nigerian Students (NANS) National Secretariat, the umbrella body representing over 40.1 Million...

Education15 hours ago

Don Calls for More Investment in Entrepreneurship/Innovation in Nigeria

ShareFrom Joseph Amedu, Lokoja A Professor of Entrepreneurship and Corporate Strategy at the Federal University, Lokoja, John Alabi has called...

POLITICS1 day ago

Tinubu Submits NDDC 2026 Appropriation Bill

SharePresident Bola Tinubu has submitted the 2026 Statutory Budget Proposal of the Niger Delta Development Commission (NDDC) to the House...