Business
Broker Canvasses Local Content In Production Maximisation
An Abuja-based insurance broker, Chief Angus Uzoamaka, last Wednesday, said maximisation of local content in production was imperative for job and wealth creation.
Uzoamaka made this known in an interview with newsmen while speaking on how to overcome poverty in the country.
He said that local content would engender self-sufficiency and independence in production to guarantee long economic security for Nigerians and generations unborn.
The broker noted that era of importation should be over for the country, saying economic dependence was the bane of underdevelopment.
“We must learn to appreciate our own, and the only way we can do that is to begin to produce no matter how lowly placed it is.
“In those days, nobody valued any product from China or Japan but today they are one of the best in the world,’’ he said.
Uzoamaka also called on governments at all levels to formulate policies that would trigger economic and productive boom.
He said that Nigeria’s economic development could not be attainable without internal production and patronage.
The broker condemned what he called ‘’mad rush’’ for foreign products, saying it was an attitudinal problem that must be addressed.
“I hate to hear that Nigerians prefer foreign goods to indigenous goods without knowing that the indigenous ones are more original.’’
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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