Business
IPMAN Wants FG To Shelve Electricity Tariff Hike
The Western Zone of the Independent Petroleum Marketers
Association of Nigeria (IPMAN) yesterday advised the Federal Government to
shelve its plan to increase electricity tariff from June 1.
Mr Olumide Ogunmade, the Chairman of the association, told
our correspondent in Lagos that the decision was ill-timed as electricity
supply was not stable.
He said that government should solve the problem of
incessant power outages before embarking on the tariff hike.
“Government should resolve the nation’s epileptic power
supply before increasing electricity tariff,’’ Ogunmade said.
The IPMAN chairman said that it was wrong for government to
embark on the tariff hike while many Nigerians were suffering from the effects
of power outages.
Ogunmade urged the Nigerian Electricity Regulatory
Commission (NERC) to ensure that the power situation was stable before
contemplating any tariff increase.
He said that Nigerians would not hesitate to seek legal action
against the hike.
Ogunmade also advised government to address the issue of
infrastructure decay and provide adequate supply of electricity before any
tariff review.
“We are tired of the billing system of PHCN. In spite of
erratic power supply, they still intend to enforce the tariff hike.
“Nigerians will not hesitate to take legal action against
PHCN and NERC over arbitrary charges in various forms included in the pre-paid
meter payment vouchers,’’ 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.
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