Business
NACCIMA Decries High Electricity Tariff In Nigeria
The Nigerian Asso
ciation of Chambers of Commerce Industry, Mines and Agriculture (NACCIMA), has moved for the cancellation of electricity tariff fixed charge to Nigeria consumers.
NACCIMA President, Alhaji Badaru Abubakar said this in a chat with press men in Abuja recently.
He noted that in the face of the present epileptic power witnessed in the country the current multi year tariff order (MYTO) is rather too outrageous.
Abubakar explained that charge which is between N750.000 – N1.500 retail tariffs for residential was not friendly, judging from the average pay of the Nigerian worker.
Against this backdrop, he advised that there should be no fixed charge to consumer until the economic situation improved.
Furthermore, he added that the N90,000 – N200.000 retail tariffs charge for commercial and industrial operators are also high, considering the nature of their business.
The NACCIMA boss also expressed worry over the yet-to-be achieved promise of the federal government on the policy of 24 hours cargo clearance.
According to him, it has made the issue of Pre-Arrival Assessment Report (PAAR) complex, adding that issuance and wrong computation alongside huge demurrage to shipping companies are still positing serous challenges.
He called on the Federal Government authorities and agencies to find solution to the situation, through the public private partnership, saying that it would work out.
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.