Business
Chartered Transporter Identifies Benefits of Auto Policy
A chartered transporter,
Mr. Basil Opara has described the Nigeria Automobile sector as ripe to generate over 200,000 jobs.
Making this known to The Tide in Port Harcourt, Opara said that the auto industry was very huge and that a car had over 2,000 components and each of these components is from an industry.
Opara who is a fellow of the Chartered Institute of Transport and Logistics (CITL) said the areas of job opportunities included, mechanics, insurance, financing and logistics.
According to him, the new automotive policy of the Federal Government was investor-friendly, and that already, 23 car assembly plants had shown interest to invest in the country.
Some of the companies include Piaggio, Innoson Vehicle Manufacturing Company and National Trucks Manufacturers in Kano State.
He said that the Federal Government in its bid to ensure that the auto industry was developed, had given incentives to the tyre manufacturing firms to encourage them to invest in the economy.
The incentives he said included free duty on their equipment and incentive to import 20 per cent of tyre into the country, adding that manufacturers of tyre like Michelin and Dunlop had shown interest to return to the country.
Opara posited that substantial sums would be saved if the nation’s automotive industry was fully functional, but expressed skepticism on the part of potential investors who were doubtful of government’s commitment to the implementation of the policy.
Collins Walter
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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