News

Fix health sector with taxes from carbonated drinks, coalition tasks government

1 Mins read

The National Action on Sugar (NASR), a health advocacy coalition, has urged the Federal Government to channel revenues realised from taxes on carbonated and sweetened beverages towards addressing challenges in the health sector.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Wednesday, announced new excise duty on sugar-sweetened beverages.

She stated at a public presentation of the 2022 budget in Abuja that an excise tax of N10 per litre would now be imposed on non-alcoholic, carbonated and sweetened beverages.

Reacting to the new tax, on Thursday in Abuja, a member of the coalition, Dr. Alhassan Umar, commended the Federal Government for introducing the tax.

She said that NASR would continue to advocate proper utilisation of the funds towards preventing non-communicable diseases such as type 2 diabetes, cancers and others.

According to her, non-communicable diseases account for one in three deaths in Nigeria. She lamented that the diseases are a significant cause of premature death and loss of economic productivity.

“The coalition, therefore, applauded the Federal Government for this significant step towards protecting the lives of Nigerians and safeguarding the country’s economy. Late last year, the coalition petitioned the Finance Minister in an open letter urging the government to proceed with a proposed carbonated drinks tax.

“The coalition considers the tax a protective measure for Nigeria’s poorest, a population that stands to benefit the most from reduced consumption of sugary beverages. Tax revenue can be used to curtail the rising burden of disease on the poor and the nation’s healthcare system,” she stated.

Source: Guardian.ng

   

About author
Time Nigeria is a general interest Magazine with its headquarters in Abuja, the nation’s Capital.
Articles
Related posts
All The NewsCover StoryNewsPolitics

Musa Tsoken Congratulates Kalu on Daily Times’ Lawmaker of the Year Award

1 Mins read
The National Coordinator of the Asiwaju Again Renewed Hope Support Initiative 2027 and National President of the APC Initiative for Good Governance…
Cover StoryNewsSports

Union Bank, AIICO Multishield, Checkers Custard, Others Back 5th Cycling Lagos

2 Mins read
Union Bank of Nigeria Plc, AIICO Multishield, Checkers Custard and other corporate organisations have thrown their weight behind the 5th Cycling Lagos,…
Abuja FileAll The NewsCover StoryEducationEntrepreneurshipFeaturesNews

2026/2027 Admission Begins @ AAT University: Where Modern Facilities, Academic Excellence and Global Citizenship Meet

7 Mins read
Why Abdulrasaq Abubakar Toyin University is emerging as a compelling destination for the next generation of Nigerian undergraduates By Abdulrahman Aliagan For…
Stay on the loop!

Subscribe to our latest news.

Leave a Reply

WP2Social Auto Publish Powered By : XYZScripts.com