Business
Abuja Chamber Tasks Manufacturers On Products’ Quality
The Abuja Chamber of
Commerce and Industry (ACCI) has urged manufacturers to devise strategies to improve the quality of their products in spite of the scarcity of foreign exchange.
The chamber’s President, Mr Tony Ejinkeonye, gave the advice in an interview with newsmen in Abuja on Thursday.
Ejinkeonye said manufacturers should strategise to survive in the “new normal” situation and cut costs without reducing the quantity and quality of their products.
“Both quantity and quality are functions of demand and supply for any product, therefore, any manufacturer that cuts corners must know that every rational consumer will always demand value for money.
“If reduction of quantity and quality of products leads to sub-standard products, then that action cannot be good for any economy.’’
The chamber’s boss said the Standard Organization of Nigeria (SON) and other regulating institutions had set standards for products, which must be complied with.
According to him, manufacturer in Nigeria have no alternative than to continue producing high quality products to remain competitive.
“The current situation is temporary, however, we must continue to advocate for improvement in the business environment and for policies to encourage local manufacturing.
“Furthermore, manufacturers should strategise to survive in the new situation and also cut costs without reducing the quality of their products,’’ 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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