Business
Nigeria Woos Investors From Luxemburg
Nigeria’s Vice-President, Namadi Sambo, has urged Luxemburg to take advantage of the numerous opportunities in Nigeria to invest in the country. A statement by the Senior Special Assistant to the Vice President on Media, Umar Sani, said Sambo made the call at a bilateral meeting with the Deputy Prime Minister of Luxemburg, Assel Bom, in Istanbul, Turkey, on Saturday.
Sambo told the deputy prime minister that Nigeria had potential for rapid returns on investments.
The statement quoted the vice-president as saying that areas of investment included power, transportation, agriculture, health, education, finance, mine and steel, and housing.
Sambo used the opportunity to explain the efforts the government was making in each of the sectors.
The vice-president stressed the need for Luxemburg to establish an embassy in Abuja to speed up cooperation efforts.
Sambo also informed the deputy prime minister of the several bilateral agreements Nigeria signed with other countries.
The statement quoted Sambo as saying that a committee charged with looking critically at local refining had been inaugurated to increase the country’s refining and gas production capacity.
The deputy prime minister said he visited the country in 2007, adding: “Nigeria has the potential to lead other African countries and ensure rapid development of the region.’’
He promised to hold consultation with his country’s economic department to find ways of developing cooperation with Nigeria.
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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