Business
Investment Bureau Works Towards Better Services -Commissioner
The Investment Promo
tion Bureau, is a one stop investment center working with relevant Ministries, Departments and Agencies (MDAs) to streamline, coordinate and provide efficient and effective services to potential investors.
This was the submission of the Chairman of the Bureau, Mr. John Etim Bassey, at the interactive forum of the Cross River State House of Assembly committee on revenue generating Ministries, Departments and Agencies.
According to him, the revenue generated through the Bureau, was usually domiciled in the accounts of other MDAs and that, the Bureau coordinates all payments and announce accordingly for recognition strictly on investor’s facilitation.
Bassey noted that entry facilitation through the one stop investment center was; registration, charges licenses as well as sales of data, adding that for funding and merchandizing, investor opportunities, prospects were advised to visit: www. investor crossrivestore. com online store, for merchandizing and souvenirs. He explained that, he would take his advocacy for funding to developing partners and other sources he may find.
On challenges, the Investment Promotion, the Chairman said, there was no official vehicle to work with, interference from other Ministries, Departments and Agencies who carry out facilitation work for investors, internet subscription and maintenance of equipment, others were; payment of ad hoc staff, fuel and maintenance of generators, research for sector specific investor opportunities, as well as production of promotional materials and support for one stop investment center Desk Officer.
Friday Nwagbara, Calabar
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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