The Initiative for Public Policy Analysis (IPPA) has condemned the French Government’s proposed tax on palm oil export, describing it as a disadvantage to Africa, illegal under the WTO trade laws and one that will undermine efforts to alleviate poverty across the continent.
IPPA, the Nigeria-based public policy think tank, in a statement, noted that the proposed taxes – an additional tax of 90EUR per tonne and a differential tax for palm oil produced according to rich Western standards – is purposefully discriminatory and would lead to devastating consequences for African farmers of palm oil, and throughout the rest of the developing world.
Director of IPPA, Thompson Ayodele, said: “The French Government’s proposed tax on palm oil at the behest of rich agricultural interests in Paris is shameful and will undermine small farmers and efforts to alleviate poverty across the African continent.
“The differential tax proposed by certain EU companies and Western elite Green groups is equally discriminatory. This is a neocolonial attempt by the French to dictate to Africa, and enrich large European companies at the expense of poor African small farmers.”Read more