Business
Dutch Firms Seek Investment-Friendly Environment In Nigeria
The Government of the
Kingdom of the Netherlands, has said that more of its companies would invest in Nigeria, if the right investment environment would be created for them.
Netherlands’ Ambassador to Nigeria, Amb. John Groffen, told newsmen in Lagos that many Dutch companies that would have invested in Nigeria were currently being discouraged.
Groffen said that Nigeria’s current forex policy was among other factors being considered by Dutch companies that had indicated interest in doing business in Nigeria.
“One of the biggest problem that is preventing more Dutch companies from investing or coming to do business in Nigeria is the government’s forex policy.
“These companies, due to the current forex situation, have some reservations on what the future may bring them.
“But, let me say that as soon as the forex policy situation improves, there is every tendency for more Dutch companies to want to come to Nigeria for business deals.
“If the Nigerian Government wants more of Dutch companies into its country, it has to make sure that the business environment is friendly and attractive to these companies,’’ he said.
Groffen, who noted the Federal Government’s ongoing efforts at making the country attractive to investors, said that more companies were still watching to see certainties in Nigeria’s investment environment.
According to him, the current economic situation in Nigeria has so far resulted in a decrease in exports and imports between Nigeria and the Netherlands.
The Ambassador restated his government’s commitment to sustaining partnership with Nigeria during and after Nigeria’s current economic situation.
“The Netherlands is well-placed to continue to be a good partner to Nigeria now and in the future.
“Dutch companies are still very active in Nigeria’s fossil fuel, maritime, retail and agriculture sectors.
“And there are still a whole lot of opportunities for partnerships between our two countries in the near future,’’ he added.
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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