Business
NACCIMA Advises FG On Policy Continuity
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agricultural (NACCIMA) on Saturday, advised President Goodluck Jonathan to ensure continuity in the nation’s economic policies for the realisation of Vision 20:20 20.
Mr John Isemede, NACCIMA President, told newsmen in Lagos that consistency in policy implementation was necessary for national development.
He said that Jonathan should include in his cabinet, credible and diligent persons who should ensure effective implementation of policies to deliver dividends of democracy to citizens.
“The expectations of Nigerians are so high to the extent that we don’t want any failure,’’ Isemede stated.
He advised government to exploit all areas where the country had comparative advantage to boost growth.
Isemede said that the CBN should reconsider the recent increase in lending rate from 7.5 per cent to eight per cent, noting that the increase did not favour the organised private sector.
He said that government should encourage local industries by putting in place good roads and regular electricity, adding that government should pay more attention to agriculture to create more jobs.
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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