Business
Bizman Hails FG For Lifting Ban On Textile, Furniture Importation
The Managing Director,
City Life Hotels, Chief Mekaka Wobo has commended the federal government for lifting the ban on the importation of textile and furniture products.
Wobo said this in an interview with pressmen , Sunday in Port Harcourt.
It would be recalled that the Federal Government on June 22, 2015 made the announcement via the comptroller General of Nigeria Customs Services (NCS), Alhaji Abdullahi Dikko.
He acknowledged that Nigerians could now import textile materials subject to payment of the right duty.
Wobo, noted that the development has shown president Mohammadu Buhari’s commitment to the economic development of the country.
According to him, the development has also taken Nigeria beyond the shores of local politics, but to the international community.
He explained that one of the advantages of the federal government’s gesture was to reduce the negative effect on the economy as a result of the dwindling oil fortune.
He advised Nigerians to work towards its full vision, while calling on local industry operators to make good use of the opportunity.
Wobo maintained that the informal sector of the country was responsible for about 90 per cent of the economic activities of the nation.
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.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
News5 days ago
FG Ends Passport Production At Multiple Centres After 62 Years
-
Maritime2 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime2 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime2 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime2 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics2 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports2 days ago
Bournemouth, Newcastle Share Points