Business
NDSBID Flays Nigerians Over Industrial Dev
The chairman, Niger Delta Science and Bow Interprises Development, NDSBID, Dr. Reuben Jaja, has expressed dissatisfaction with the involvement of Nigerians in the productive industrial development of the country.
Dr. Jaja, who was speaking on an NTA Programme recently, said the private sector was the missing link.
He said government has invested in the sector and that it was regrettable that those interested in the sector were the poor in the society even as he said these were the ones who take away the materials in its raw form.
The NDSBID boss said the setting up of the body was a way of broadening the awareness of the people that there was a huge opportunity in creating jobs and wealth.
According to Dr. Jaja, the process could only be achieved if the industrialized nations were not allowed to come and take our raw materials away.
“But they have to change that mix only if people from industrialized nations should not come and take away our materials in raw form.” He said.
He said for the vision 2020 to be achieved the private sector should begin the processing, add value and then open up to the international business community who are in need of our minerals.
He explained that his organization has mapped out a number of strategies to enable local business strive.
He enumerated them to include the identification of minerals, promoting industrial co-operation and surmounting the impediment to funding among others.
According to Dr. Jaja, NDSBID has aligned with a mocro-finance bank to be part of the mix.
“So what we now have is a triangular module where we have industrial development co-operative at the enterprise zone.
“And these enterprises will now come to the central industrial part where we have all the industrial technology products made by the Ministry of Science and Technology and every other sub-sectors he said, when they pick up they now go for the micro-funding.
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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