Business
Ex-CBN Governor Advises Buhari On Unity, Fairness
An ex-Governor of Central Bank of Nigeria (CBN), Chief Joseph Sanusi, on Saturday urged President-elect Muhammadu Buhari to ensure unity and fairness in dealing with all Nigerians, irrespective of political leaning.
He gave the advice in an interview with newsmen in Lagos.
“My advice to the president-elect is that he should see himself as the father of the nation and treat every region equally.
“He should also make sure that there is equity and fairness among Nigerians.
“He should put square pegs in square holes,’’ he said.
On how the president-elect could shore up the value of the naira, Sanusi said there was need to “allow market forces to determine the value of the naira’’.
He said that the important thing was the management of the economy, adding that currency was only an indicator of what happened in the economy.
Sanusi advised the incoming government to concentrate on the productive sector of the economy rather than being import dependent.
“The currency is a matter of demand and supply; if we produce more, the currency will appreciate.
“Like the oil sector for example, I don’t think we have any reason to continue to import oil.
“We should build refineries here; it will create more jobs and there will be less money to go out and the value of the currency will appreciate with that,’’ he said.
The former CBN boss expressed readiness to share his experience with incoming government, if requested.
“I have paid my dues to the nation, but if I am called to share my experience, I am ready because the interest of this nation is my interest,’’ he said .
Sanusi was the governor of the apex bank from May 1999 to May 2004.
On the election process, he said accreditation was “fantastic and easier” now, compared with the presidential election on March 28.
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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