Business
Stakeholder Advocates 20-Year Masterplan For Apapa Port Dev
The Chairman, Ports Consultative Council (PCC), Chief Kunle Folarin, has advocated a 20-year masterplan for the growth and expansion of the Apapa Port.
Folarin told newsmen in Lagos on Wednesday that it was necessary for the Nigerian Ports Authority to draw up the master plan if the port was to cope with the challenge of congestion.
According to him, the master plan for China Port for 2055 is already in place.
“You have built up the port corridor and the traffic attracted by the built-up facilities is the problem causing the bulk of the gridlock there.
“All the side to the left where you have the tank farms, the bonded warehouse, the commercial buildings and the spare parts shops should not be.
“They should be farther inland. The exchange traffic bridges should go in for at least one kilometre before you can see any building on that access.
“If you want to improve it, clear the whole buildings there; that is the only solution.
“We must look for a solution that does not disrupt the lifestyle of people there.
“If not checked, the Apapa Port will be choked up and we should be thinking of a 20-year master plan,” he said.
He also said the 35 per cent surcharge on importation of used vehicles would develop the nation’s automobile capacity.
Folarin described the measure as an import substitution policy meant to encourage manufacturing.
“The policy is directed at raising revenue for government through the payment of customs duty.
“It is directly an import substitution policy that discourages importation and encourages the manufacturing of any specified product that is affected.
“The 35 per cent increase is a big hike that is going to increase the consumer cost of such goods.
“It could on the long run be a very good opportunity for Nigeria to develop her automobile capability if the aim is to discourage import,” he said.
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.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Sports4 days ago
CAFCL : Rivers United Arrives DR Congo
-
Sports4 days ago
FIFA rankings: S’Eagles drop Position, remain sixth in Africa
-
Sports4 days ago
NPFL club name Iorfa new GM
-
Sports4 days ago
NNL abolishes playoffs for NPFL promotion
-
Sports4 days ago
NSF: Early preparations begin for 2026 National Sports Festival
-
Sports4 days ago
Kwara Hopeful To Host Confed Cup in Ilorin
-
Sports4 days ago
RSG Award Renovation Work At Yakubu Gowon Stadium
-
Politics3 days ago
Rivers Assembly Resumes Sitting After Six-Month Suspension