Business
RSG To Build Industrial Park, Soon
Rivers State Commissioner for Commerce and Industry, Mr Chukwuma Chinye, has reiterated the state government’s plan to build an industrial park that would contain a cluster of small and medium business enterprises in the state.
The Commissioner who disclosed this recently when he paid a courtesy visit to members of the Port Harcourt Chamber of Commerce, Industry Mines and Agriculture (PHCCIMA) in Port Harcourt, assured that the Industrial park, when completed, will have state-of-the-art facilities, especially regular power supply, water, good roads and an enabling business environment.
According to him, the plan is informed by the need to boost business activities that would enhance youth employment and wealth creation in the state, adding that in addition to the Industrial Park, an Oil and Gas Trade Centre will be created due to comparative advantage Rivers State has in the oil and gas industry.
He called for the collaboration of PHCCIMA in this regard, saying that he needs PHCCIMA’s appointees to form a steering committee within one week, to work with the government to fashion out the way forward in this direction. The Commissioner assured that he would tackle all hindrances to business operations in the state, especially in the area of taxes. He said that there was an on-going review of the existing tax laws which is intended to prune the areas that are not backed by law, as well as multiple taxation, which he said is a national challenge.
Chinye, maintained that all accruable government revenue must be collected, warning that all tax evaders will not go free.
He hinted that the Nigerian Liquefied Natural Gas Company (NLNG) has relocated its headquarters to Port Harcourt, as he urged Penwell organization to follow suite.
Earlier, the president of Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture, Engr Vincent Furo, thanked Mr Chinye as the first Rivers State Commissioner for Commerce and Industry to a courtesy visit to pay PHCCIMA and also appealed that government should address some of the challenges affecting business operations in the state. These include multiple taxation and epileptic power supply.
He also solicited the assistance of government in building a permanent international trade fair complex which he said would attract more international and local firms as well as boost the economy of the state.
The president assured that private sector operators would always support the government in its moves to ensure an enabling business environment in the state.
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.