x

Group Drums Support for Increased Taxes on Carbonated Drinks

A coalition, the National Action on Sugar Reduction (NASR) has rejected the calls by the manufacturers of beverages for the federal government to remove the tax regime on carbonated drinks in the country.

The coalition during a protest on Wednesday in Abuja urged the government to rather increase taxes on sugary drinks and invest the revenue into public health.

The coalition spokesperson, Omei Bongos-Ikwue, noted that the N10 per litre excise tax on non-alcoholic, carbonated and sweetened beverages was passed through the 2021 Finance Act.

She explained that the consumption of sugary drinks was a risk factor for diseases like type 2 diabetes, heart disease, stroke and cancer.

 “Soft drink sales in Nigeria are the 4th highest in the world, with nearly 40 million litres sold each year. This amounts to billions in profit each year at the expense of public health,” She said.

The coalition said that the industry paid 50 per cent in Qatar, yet the high rate had not led to an industry collapse, adding that increasing taxes would benefit the nation’s health without causing economic losses to the industry.

She added that the taxes would be beneficial to the poor, who suffered the most from the high financial cost of non-communicable diseases.

Hot this week

Nasarawa Govt Denies Alleged Sule–Atiku Meeting, Slams Report as Fabrication

From Abel Zwanke, LafiaThe Nasarawa State Government has dismissed...

Group Warns Against Violence in Kogi Community

From Noah Ocheni, LokojaThe National President of the Egume-Ome...

Wike Targets May Completion of Abuja Road Projects for Tinubu’s Anniversary

By Joyce Remi BabayejuThe Minister of the Federal Capital...

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf and Middle East

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf...

PDP Convention: Wike Calls for Inclusiveness, Unity, Renewal at PDP Convention

By Joyce Remi BabayejuThe FCT Minister, Barr. Nyesom Wike,...

PDP Chieftain, Onireti Resigns From Party, Cites Personal Reflection

A former House of Representatives candidate, Olufemi Onireti, has...

Kogi Governor Ododo Appoints Prof. M.S. Audu as Pro-Chancellor of PAAU Anyigba

The Governor of Kogi State, Ahmed Usman Ododo, has...

TCN Disputes PHEDC Capacity Claims, Cites Verified 8,700MW Transmission Capability

The Transmission Company of Nigeria (TCN) has challenged capacity...

CSOs Condemn Wike’s Remarks on Journalist, Raise Concerns Over Press Freedom

A coalition of 14 civil society organisations (CSOs) has...

Kogi Orders Evacuation of Students from University of Jos Over Security Concerns

Governor Ahmed Usman Ododo has directed the evacuation of...

Igoche Mark Urges Nigerians to Live the Promise of Easter

As Christians across the world are celebrating Easter celebration,...

Related Articles

Popular Categories

spot_imgspot_img