Business
MAN Commends FG For Rejecting EPA
The Manufacturers Association of Nigeria (MAN)has commended the Federal Government for not signing the Economic Partnership Agreement (EPA).
A statement by the association’s President, Mr Kola Jamodu, yesterday urged the government to further convince other ECOWAS member countries of the potential dangers of the EPA.
“No country can develop without protecting its industries and Nigeria stands the risk of having its market flooded with European goods with the resultant negative effect on our industries.
“MAN is delighted that Nigeria’s position has been vindicated by the support it received on the rejection of the EPA from the Extra-Ordinary Session of the African Union Ministers of Trade,” it said.
The statement also pointed out the need for employment generation through manufacturing which is a critical aspect of the government’s transformation agenda.
It commended the Federal Government for formulating policies to protect the manufacturing industries in Nigeria.
The EPA was rejected in Ivory Coast during the Heads of Government meeting in March with 10 objections from Nigeria.
The rejection has since then received commendations from the private sector and other stakeholders.
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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