Business
Ex-MAN Boss Wants Better Platform For Agribusiness
A former President of the
Manufacturers Association of Nigeria (MAN), Chief Kola Jamodu, has called on the Federal Government to create an enabling environment for the growth of agriculture.
Jamodu told The Tide source that the appeal was necessary because agricultural raw materials were becoming insufficient to sustain production.
Jamodu, who is also the Chairman of Nutricima Ltd., a Lagos-based food processing firm, said that the incentives could be in the form of loans to farmers to boost maize and milk production.
“This present administration has been making efforts in that regard, but we want more to be done.
“We source for materials locally, but end up importing because of the scarcity of these produce.
“Farmers and growers lament the insufficiency because they are not empowered to produce enough quantity to meet the needs of the massive population.
“Most importantly, more focus needs to be given to the real sector at this time that the prices of oil are dwindling,” Jamodu said.
Jamodu added that Nigerians were becoming more conscious of their food choices and this had spurred more investment in the food and beverages sector.
He said that Nutricima Ltd. would support the government through corporate social responsibility to improve the lives of citizens.
The former minister also urged multinational food processing companies to invest in the nation’s economy by sourcing for raw materials within the country.
The Tide reports that the food and beverage sector accounted for about 60 per cent of the Nigerian Gross Domestic Product in non-oil products in 2013, and the first half of 2014.
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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