Business
NEPC Seeks Partnership On Non-Oil Export
The Nigerian Export Pro
motion Council (NEPC) is set to partner the private sector on non-oil export as part of its mandate to create a more competitive economy.
In a statement by NEPC Chief Executive Officer, Olusegun Awolowo said the effort of the partnership is to help improve Nigeria’s share of the global, non-oil export market.
Awolowo said the partnership is of tremendous value to the strategic repositioning of the council, adding that it would promote the socio economic development of the country and diversification of the economy.
NEPC said among the numerous benefits of the partnership include, increase Nigeria’s private sector participation in global trade and liaise with the Nigerian Export Processing Zones Authority and other major stakeholders to implement the strategic plan envisaged by the council.
The statement added that under the partnership with Tony Elumelu foundation offers opportunity to contribute to increase competitiveness by unlocking opportunities for private companies compete globally.
According to the Chief Executive Officer of Tony Elumelu foundation, Dr Wiebe Boer said the foundation is committed to implementing solutions that will improve the operating environment for Africa’s private sector.
He stressed that NEPC is a key partner in meeting the private sector long-term objectives because it is the country’s government primary institution for export development and promotion.
Boer said the foundation will support the initiative to unlock substantial export – driven growth opportunities for the country fast growing small scale industries.
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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