Business
Funding: Association Makes Case For Traders
The Market Leaders Association of Nigeria (TMLAN) has urged the Federal Government to make its Social Intervention Programmes available to genuine traders and artisans across the country.
The President of the association, Mr Charles Obih made the plea last Saturday in an interview with newsmen in Lagos.
Obih said that none of the traders in over 120 markets, which the association represents in Lagos, had benefited from the Federal Government’s Social Intervention Programme.
Reports say that Market Moni, also known as the Government Enterprise and Empowerment Programme (GEEP), issues interest-free loans, besides a five per cent administrative fee to market women and traders, artisans, youths and farmers.
The programme, being executed by the Bank of Industry (BoI), is targeted at over 1.6 million beneficiaries to foster financial inclusion and economic activity at the micro level.
Obih also urged the government to assist members of the association to contribute meaningfully to the nation’s economic growth.
According to him, the slowdown in the economic activities had negatively impacted on many traders.
“It is painful that as market leaders, we work hard in our little ways to put our leaders into positions to promote socioeconomic development.
“However, we are yet to reap the benefits of the various programmes of government.
“Our appeal is that government should reach out to genuine associations and should not allow politicians to hijack the fund,” he said.
Obih also stressed the need for government to create conducive business environment to enable it to maximise output from trading activities toward boosting economic growth.
Also, Mrs Amope Adesanya, the Iyaloja, Ikosi Market, Lagos, urged government to assist traders with funds to enhance their living standard and reduce poverty in the country.
She urged government representative to improve sensitisation of traders on various funding programme of government, especially the MarketMoni Scheme.
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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