Sugar ‘crisis’: Analyst cautions FG regarding punitive taxes

Sugar ‘crisis’: Analyst cautions FG regarding punitive taxes

A Lagos-based public affairs analyst, Omonaye Okoro, has cautioned the federal government against what he called punitive taxes following the current debate on the call for increased taxation on Sugar-Sweetened Beverages (SSBs).

Led by internationally funded advocates such as the Corporate Accountability and Public Participation Africa (CAPPA), some analysts have argued that taxing SSBs will reduce non-communicable diseases (NCDs) like obesity and diabetes

In his opinion article titled “Nigeria’s Sugar ‘Crisis’ Is a Myth – And Our Economy May Pay the Price for Believing It,” Okoro pointed out that CAPPA’s recent report, “Junk on Our Plates,” tried to depict the tax increase as a courageous move toward public health reform.

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