Business
NNPP Lauds FG’s Suspension Of Proposed N5,000 Note
The National Chairman, New Nigeria People’s Party, Mr
Gilbert Agbo, has commended the Federal Government for suspending the proposed
N5,000 notes and conversion of other denominations into coin.
Agbo said in Abuja on Monday that the suspension was a
welcome development.
He said that Nigerians had not been enlightened by the
Central Bank of Nigeria (CBN) on the economic benefits of the restructuring of
the nation’s currency.
“Our system does not create room for adequate information on
government policies.
“The problem is that those who need to do their job are not
doing it properly to educate Nigerians on very important issues such as the
restructuring of currency.
“The Corporate Affairs Department of the Central Bank of
Nigeria should have enlightened Nigerians on the benefits of introducing the
N5,000 notes,’’ he said.
According to him, if Nigerians are properly educated on the
new note in all the Nigerian languages, the projects will not have been greeted
with stiff opposition.
“The CBN is legally authorised to introduce the N 5,000 note
but it should have considered the sensitivity of Nigerians so that there will
no negative reactions.
“For the apex bank to have announced its intention to
introduce the N5,000, it knows the benefits to the nation’s economy in the long
run.’’
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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