Business
NEPC Organises Workshop On Export Contract
A workshop organised
by the Nigerian Export Promotion Council (NEPC) to sensitise exporters and other stakeholders on the legal aspects of export contract has commenced in Jos.
The workshop tagged, “Legal Perspective of Export Contract, ‘’ began on Thursday.
Declaring the forum open, the Executive Director of the council, Mr Olusegun Awolowo, said the workshop was designed to assist exporters resolve difficulties in export contract procedures.
He was represented by the Director of Legal Services of the councilDr Ezra Yakusak.
Awolowo said the current economic realities call for the diversification of the nation’s economy.
‘’This workshop is primarily conceived to assist exporters and prospective exporters who have difficulties in coming to terms with the procedures and terminologies associated with negotiating an export contract.
‘’It targeted at dealing with the core issues in export contract.
‘’This workshop is timely, considering the present stance of government on diversifying the economy from an oil dependent nation,’’ he said.
In his address of welcome, the council’s Controller in Charge of Jos Zonal Office, Mr Andy Ambikputen, urged exporters to take advantage of the workshop to equip themselves with international contract agreement.
He urged participants to be conversant with the new trend of traceability of products from consumer to producer because of the associated risks.
Ambikputen further gave an assurance that the council would ensure export contracts in international business were devoid of much risk.
The Tide reports that the workshop drew participants from market associations, farmers and entrepreneurs.
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.