Business
NLC Plans Protest Against Fuel Hike
As speculations mount about Federal Government’s commencement of deregulation of the oil sector on November 1,2009, the Nigeria Labour Congress (NLC) says it was already mobilizing Nigerians to resist the action.
Assistant Secretary of the NLC, Comrade Denja Yakub in an exclusive interview in Lagos, Monday said NLC will not be fooled by government inconsistency on the commencement of the deregulation which will invariably lead to price hike.
Government had been dilly-dallying on the commencement date of the deregulation exercise which the NLC sees as an anti-masses action.
Yakub said: “They are saying that they have postponed the deregulation plan, but we don’t care whether it is today or tomorrow they want to implement it. Anytime they are ready, we don’t want to be caught unawares. That is why we want to kick-start the mobilization of Nigerians, this month. If they go ahead with their plan, we will ensure that the whole country is paralysed”.
The Tide gathered from sources at the NLC headquarters that the protest rally became imperative because the meeting between the government and the NLC to persuade the leaders to drop its proposed rally ended in a deadlock.
NLC thereafter decided to commence a nationwide protest against deregulation later this month in Abuja. The rally will also hold at selected state capitals at dates to be announced later.
It was learnt that the government is ready to carry out deregulation of the oil sector but only the date of commencement is uncertain.
While some officials refused to give a specific date, the Department of Petroleum Resources (DPR), the arm of the Nigerian National Petroleum Corporation (NNPC) responsible for the regulation of activities of marketers of petroleum products, said deregulation will commence January 1, 2010.
Meanwhile, Kerosene has become an elusive essential commodity in Lagos State, as filling stations prefer sales to retail outlines against huge general public demand.
At the retail outlets, the four litre volume goes for between N600 and N700 against the official r ate of N240 per four litre of N60 per litre.
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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