November 2023

The recent campaign by some pro-sugar tax advocates, especially the Corporate Accountability and Public Participation Africa (CAPPA), asking the federal government to consider increasing the Sugar-Sweetened Beverages (SSB) Tax from N10 per litre to N30 per litre representing a 200 percent increase has sparked a debate about its potential impact on the Food & Beverage…

Lately, the Nigerian media landscape has witnessed an upsurge in a campaign led by Olufemi Akinbode and his Corporate Accountability and Public Participation Group (CAPPA). Their mission revolves around advocating for an increase in the current 10 naira per liter tax on sweetened beverages, as stipulated in the 2021 Finance Act, to 30 naira. Their…

Recognizing the vital role of the sugar industry and the need to reduce Nigeria's reliance on sugar imports, the government in 2012, made an audacious move to boost local sugar production. This involved the strengthening of the existing sugar plants, establishing new ones, and supporting sugarcane farmers with credit, supplies, and better infrastructure.  In line…

Major Sectoral Groups in Nigeria comprising the Manufacturing Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture(NACCIMA), and the Nigeria Economic Summit Group (NESG) have urged the Federal Government to disregard the current campaign led by the Corporate Accountability and Public Participation Group (CAPPA) to increase the current Sugar-Sweetened (SSB)…

The pending proposal of imposing yet another sugar tax has sparked intense debates, threatening to hinder the delicate balance needed for sustainable economic revival. In the face of a fragile post-pandemic economic landscape, the implications of this potential tax levy loom large, inviting closer scrutiny of its consequences on both the public health agenda and…