Business
Cement: Body Blames High Cost On Manufacturers
The Cement New Entrants Forum (CNEF) last Wednesday in Abuja attributed the high prices and scarcity of cement to the activities of some manufacturers in the industry.
Prince David Iweta, the chairman of the forum, made the claim in a statement made available to newsmen.
“The on-going crisis of scarcity of the product and its current high price at N2,700 per bag in most part of the country, as of today is caused by the activities of some manufacturers.
“The cement manufacturers had recommended increased duty and levy of 35 per cent to push the landing cost of imported cement to N 1,700 per bag”, the statement quoted Iweta as saying.
According to him, this is to enable local manufacturers to sell their locally manufactured cement at the same price of N 1,700 as against N 500 and N700 per bag, which is the expected price for the product.
The chairman, therefore, pleaded with President Goodluck Jonathan to grant the forum audience to enable it state the true position of crisis in the cement industry.
He said, “the meeting will enable us to state the true position of things in the cement industry instead of the president hearing from one section of manufacturers .
It would be recalled that Jonathan met with top five cement manufacturers in the country on Monday where he directed the Cement Manufacturers Association of Nigeria (CMAN) to bring down the price of cement within 30 days.
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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