Business
NASMEs Calls For IDCs’ Transfer To States
The National Association of Small and Medium Enterprises (NASMEs) has called on the Federal Government to transfer Industrial Development Centres (IDCs) to state governments to ensure their optimal performance and effectiveness.
The Chairman, Lagos State Chapter of NASME, Mr Solomon Aderoju, made the appeal in an interview with The Tide’s source yesterday in Lagos.
According to Aderoju, state governments will be in a better position to manage the centres since the centres are domiciled in such states.
The Tide’s source reports that there are 23 IDCs in the country and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is in charge of the centres.
The centres were established to provide industrial extension services, boost entrepreneurship skills, appraise loan applications and to help purchase and install machinery for small entrepreneurs.
The centres also conduct research into industrial products involving designs.
Aderoju noted that many of the IDCs were in a state of neglect and disrepair, thus negating their role in stimulating growth of the MSMEs sector and driving the nation’s industrialisation agenda.
“If state governments are not willing to handle it, they can give them to SME associations to oversee them.
“SME associations will handle them better because the associations know the significance of the centres to their operations.
“If we have functional IDCs, cost of production of most goods in the market will reduce, quality and standards of goods will improve and there will be easy transfer of knowledge because we are working together in a location,” he said.
Aderoju said the centres would create more jobs, improve production of goods and boost the contribution of the sector to the country’s Gross Domestic Product (GDP).
Mrs Olatundun Taiwo, Managing Director, Goodware Stitches Ltd., said equipment in the centres were obsolete.
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.