Imposition of an additional 10 per cent tax on locally-produced carbonated drinks will increase the level of hunger in the country, the Nigeria Labour Congress has warned.
Labour stated: “The re-introduction of excise duty on non-alcoholic, carbonated and sugary drinks will impose immense hardship on ordinary Nigerians, who easily keep hunger at bay with a bottle of soft drink and maybe a loaf of bread. Our concern is the mass hunger that would result from the slightest increase in the retail price of soft drinks, as the product would be priced beyond the reach of millions of ordinary Nigerians.
NLC noted that tyre manufacturing companies such as Dunlop and Michelin laid similar complaints in years past, but government overlooked it until the two companies relocated to Ghana.
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