Business
NIPC Assures Agric Investors Of Huge Returns

L-R: Member, Advisory Board of Business Day, Prof. Alos Albert; Head Of Department, School of Media and Communication,Pan-atlantic University, Dr Pius Onobhayedo and former Chairman, Diamond Bank Plc, Mr Pascal Dozie, at the 2013 Society and Technology Conference in Lagos, recently.
The Executive Secretary, Nigerian Investment Promotion Commission (NIPC), Mrs Saratu Umar, has assured investors in the agricultural sector in Nigeria of abundant resources and huge fortunes.
She gave the assurance while receiving members of the Regional Block of Mayors and Local Government Chairmen of the Market of the Southern Corn (MERCOSUR), consisting of agricultural investors in Abuja on Monday.
The 15-member delegation is from Brazil, Peru, Uruguay, Chile and Argentina.
Umar said that potentials available in the country included ready-made market for products, with no fewer than 170 million consumers in the country, and additional population in West Africa.
She told the delegation that Nigeria had history of not having much natural disasters.
She therefore said that the investors had made the right decision by coming to Nigeria, assuring that NIPC would assist them.
Nigeria’s Ambassador to Argentina, Mr Ignatius Kaave, who led the delegation, said that the team was in Nigeria to have insight and knowledge on investment opportunities in Nigeria.
He disclosed that the team would also meet other relevant agencies, including National Agency for Food and Drug Administration and Control (NAFDAC), Foreign Affairs Ministry and Corporate Affairs Commission.
Mr Javier Perriar, President of MERCOSUR, in his remark, said “as a team we are here to look for the people who have the same common interest that we can do business with.”
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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