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Tuesday, April 13, 2010

Anti-Smoking Bill: How Senate saved .6m jobs

By Oseheye Okwuofu

The Senate says it saved over 600,000 jobs through the Anti-Smoking Bill.
Chairman, Senate Committee on Industries, Kamoru Adedibu, spoke at the weekend in Iseyin, in Oyo State.
Adedibu said 600,000 workers would have lost their jobs.
The senator spoke after presenting a tractor to a farmer in the Farmers’ Tractor Scheme of the British American Tobacco Iseyin Agronomy (BATIA).
He said the Senate reduced the tax regime which had scared away investors.
Adedibu said the Senate also reviewed the bail-out for the textile industries from N200 billion to N300 billion.
"Instead of closing down the tobacco companies, we can regulate the consumption of alcohol in the country, because the closure could affect the lives and fortunes of some people’’, he said.
He advised beneficiaries of the tractor scheme to pay on time to allow others benefit.
Adedibu commended BATIA for contributing to the nation’s economic growth.
Earlier, Head of Leaf BATIA, Thomas Omofoye, said the Iseyin Agronomy has support 850 registered tobacco farmers.
He said 12 farmers have benefited since its inception 10 years ago.
"This is in line with our belief that our business partners should have the opportunity to benefit from their relationship with us’’, Omofoye said.