HomeBusinessLCCI, CPPE fault SSB tax bill, highlight dangers to manufacturing sector

LCCI, CPPE fault SSB tax bill, highlight dangers to manufacturing sector

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By Rukayat Moisemhe

The Lagos Chamber of Commerce and Industry (LCCI) and the Centre for the Promotion of Private Enterprise (CPPE) have said the Sugar-Sweetened Beverage (SSB) Tax Bill being considered by the National Assembly could worsen challenges facing Nigeria’s manufacturing sector.

LCCI and CPPE said this in a separate statement issued in reaction to passage of the Customs, Excise Tariff, etc. (Consolidation) Act (Amendment) Bill 2025, to reform excise duties on sugar sweetened beverages by the Senate.

The bill also aims to strengthen public health financing and addressing the growing burden of non-communicable diseases in Nigeria.

In its own statement issued in Lagos on Monday signed by its Director-General, Dr Chinyere Almona, LCCI said that though it supported efforts to address public health concerns associated with excessive sugar consumption, such interventions should not impose undue burdens on businesses and consumers.

She noted that manufacturers were already grappling with high

This post was originally published on this site.

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