Business
Smugglers Responsible For High Price Of Rice – Minister

The Minister of Finance, Zainab Ahmed, has blamed the soaring price of rice in the country on the activities of smugglers in the country.
The minister explained in an interview that smuggling activities adversely affect the economy and well being of Nigerians a situation she described as unfortunate particularly when some bad Nigerians have continued to smuggle in goods and products which the government has banned the importation.
According to the minister, there are some unpatriotic Nigerians who import substandard rice into the country, some of which were not edible.
She explained that it was in the course of getting more profit that such Nigerians smuggled such kind of rice and spread it in the markets.
Hajiya Zainab reiterated government’s efforts towards curbing the activities of smugglers, pointing out that the Nigerian Customs Service, the Police, the DSS and others, are collaborating to stop the illegal activities of those sabotaging the economy.
On the request for fresh loan which the National Assembly has given the Federal Government a go ahead, Zainab said government has created a system of monitoring loans for short term periods, adding that it was not through the court, that is fiat, through which the government receives loans.
She, however, explained that the loan request was not new as government had put forward request for the loan since the beginning of 2021, which was accepted.
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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