Business
‘Nigeria Needs Entrepreneurs To Develop’
The Director of the Centre for Entrepreneurship and Innovation, University of Ibadan, Prof. Gbemisola Oke, last Thursday said Nigeria would only be developed through the efforts of entrepreneurs and innovators.
Oke said this at a press conference organised by the centre to herald its proposed five-week intensive training programme.
The programme was designed for prospective business owners to learn the rudiments of sustaining a business enterprise.
She said that the centre had concluded plans to put its theoretical business studies to use in developing entrepreneurs and innovators.
Oke said that it was time to get the research output of the centre’s scholars out of the university system.
“We cannot effect much change in the country if we do not use our scholastic research in developing a generation of entrepreneurs.
“We want our research to be translated into commercial value, we want our students to use the theories of business we teach in classes practically,’’ she said.
Oke said the university established the centre with the aim of reinforcing its edge in innovation and quality assurance
“ It should be noted that thriving economies of the world centre around supporting small scale enterprises.
“ But a lot of prospective business owners are not aware that money is not the problem in sustaining a venture.
“ The training aims to open their eyes to that fact, including the abundant sources of funding they may exploit,’’ she 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.