Business
Fuel Subsidy: Muslim Cleric Tasks FG On Social Safety Nets
A Muslim cleric, Alhaji Lukman Abdulraheem, on Saturday urged the Federal Government to delay the removal of fuel subsidy until adequate social safety nets were put in place for the citizens.
Abdulraheem told our correspondent in Lagos that he was making the call because of the grave effects which the subsidy’s removal would have on the people’s living standards.
He stressed the need for the introduction of social safety safeguards before removing the subsidy, saying that almost 64 per cent of the country’s population lived below the international poverty line of about one dollar (about N150) per day.
“Removing subsidy on fuel now will cause untold hardships for Nigerians; it will affect the living standards of the people, particularly the poor,” he said.
Abdulraheem, who is the Deputy Chief Imam of Akoka mosque, said that issues relating to poverty, inflation and unemployment should be promptly addressed by the government at all levels.
“The poverty level in Nigeria will worsen if the subsidy is removed. It may lead to loss of jobs as many industries may not be able to afford the high cost of fuel when petroleum products’ pricing in fully deregulated.
“The high cost of governance, the fat salaries and allowances being paid to public officials should be reduced drastically.
“A greater percentage of the country’s budget is spent on the salaries of public servants; the trend should be reversed,” he said.
On corruption, the cleric urged the government and its anti-graft agencies to prosecute all those who looted public funds in the country.
“The monies recovered from the corrupt persons should be used for the development of the country’s infrastructure and the rehabilitation of its oil refineries,” Abdulraheem 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.
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