Business
Abuja Chamber Tasks Local Industrialists On World-Class Products
The Abuja Chamber of
Commerce and Industry (ACCI), has urged indigenous industrialists and other manufacturing sector stakeholders to produce world-class products that would meet international standards at competitive prices.
The chamber’s President, Mr Tony Ejinkeonye, made the call in an interview with newsmen in Abuja, yesterday.
Ejinkeonye said that local firms needed to produce world-class products of international standard and at competitive prices in order to encourage Nigerians to patronise made-in-Nigeria goods.
According to him, industrialists and manufactures should identify and source appropriate technology for production that will enhance global competitiveness.
“The vision of any industrialist or manufacturer should be to produce world-class products that will meet international standards.
“Nigerians want value for their money and that is one of the reasons they resist sub-standard products produced locally.
“Therefore, manufacturers should build consumer confidence through consistent production of quality products,’’ he said.
Stressing the need to produce at competitive prices, he said, “high cost of finished goods is the reason some entrepreneurs would rather import products at cheaper rates from China than produce them in Nigeria.
“Product branding and packaging decisions are very important decisions in this age of globalization. Product packaging can play a role in the success or failure of the sales of the product.
“Therefore, I expect manufacturers to package their products in such a way as to attract the consumer to take a look at the product as it sits on store shelves,’’ Ejinkeonye said.
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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