Business
Women In Business Lament Harsh Textile Industry Policies
Women in Business and Tourism in Nigeria, have lamented over the flip-flops policies that are hurting the Nigerian textile sector, leading to the demise of several factories across the country.
President of the group, Sophia Khan, who disclosed this at a press conference in Abuja, also announced the group’s plan to hold the first Abuja African and Textile Expo, which will take place between December 5 and 8, 2022.
She said investors were shying away from the textile sector owing to poor and unfavourable policy frameworks, noting that things would change drastically anytime the government decided to improve upon its policy-making.
“If the policies are favourable, investors will come and put the sector back on stream,” she said.
She said economic diversification was not a lip service and the government should endeavour to make the environment friendlier for investments.
Khan further said the upcoming Abuja African Textile and Fashion Expo was attracting interests from various countries on the continent.
“Almost all African countries have shown interest to participate. It will be a week of activities for the tourism and the textile industries, showcasing the accommodating nature and the richness of the Nigerian fabric world,” she said.
She said the idea behind the programme was to tell Nigerians and the world that there was a lot to harness in the tourism industry, noting that the expo would prove that the country’s sustainability should not be based on oil alone but on exports of finished goods, tourism and the Nigerian rich textile products.
“Nigeria has about 250 textile mills.
Today, there are fewer than 70 textile mills.
The African Textile and Fashion Expo is an avenue to revive the textile mills and by so doing create jobs for the teeming youths.
The expo is to tell the Federal Government that we are into partnership with them to promote the Nigerian textile through export and high patronage from other African countries,” she added.
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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