Business
PH Traders Decry New Petrol Pump Price
Some traders in Port
Harcourt, the Rivers State capital are lamenting over the recent increase in pump price of Premium Motor Spirit (PMS), otherwise known as petrol, from N86.50 to N145.00 by the Federal Government.
The traders in an interview with The Tide correspondent vehemently condemned the increase, because they are going to bear the cost while transporting their goods to the markets.
According to them, the development could lead to the traders paying more money to transport their wares thereby also increase the cost to the common people in order to make some gains after the huge transport fares.
They noted with dismay that as a democratic system of government, the federal government should have dialogued with the various stakeholder representatives before embarking on such increase, adding that the increase is outrageous and a ploy to send some of the traders out of business, as people will use up all the money they had on transportation or buying of fuel at the exorbitant price.
A trader, Mr Tubobereni Orupabo, said the increase in pump price is the highest dictatorial blunder that the present government of President Muhammadu Buhari had done, because nobody or organisation was consulted before the increase, describing it as ill-timed and unfortunate.
Orupabo opined that traders have been passing through some difficulties, including low sales due to the harsh economy and now there is an increase in pump price which will definitely affect the traders the more.
Also lamenting, Madam Cynthia Okoroba, expressed disappointment with the action of the government saying, “The increase will affect both the traders and the consumers as transporters have increased their fares”.
Another trader, Chidi Mba viewed the increase as insensitive by the Federal Government on the suffering masses, stressing that not only the traders but the commuters and consumers alike would be highly affected.
In his own view, Chief Leo Okonkwo, also condemned the fuel pump price increase, adding that the action would make the traders to pay more while transporting their goods to the market.
Okonkwo decried the Federal Government action over the pump price increase, pointing out that those who support the like are enemies of the public and traders in particular.
Meanwhile, the Nigerian Labour Congress (NLC), the Trade Union Congress (TUC) and Civil Liberty Organisation CLO) have concluded plans to embark on three days nationwide warning strike from Wednesday to press home their refusal over the increase in fuel pump price by the Federal Government.
Collins Barasimeye
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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