Business
Bizman Wants Diaspora Investment In Rural Dev
In a bid to encourage national development, rich Nigerians in foreign lands have been called upon to return and invest in the rural communities.
The Chairman and Chief Executive Officer of Ofodili Ventures, Mr Chukwudi Okpara, made the call in an interview with newsmen last Monday in Port Harcourt.
He said, if wealthy Nigerians living overseas could return home and invest in their father land, the gap between rural and urban development would be closed.
Okpara noted that since each Nigerian residing in a foreign land had a home, such could at the same time transform his community to a world-class standard in terms of development.
The businessman, said that there was not enough reason in basing one’s business in an unknown land, which according to him, lacked security.
He maintained that through the establishment of business opportunities in the rural areas, the youth would be tempted to stay back in the place hereby reducing manpower scarcity.
He pointed out that the issue of unemployment would also be addressed, if wealthy Nigerians in the diaspora could have a rethink and invest at their respective homes.
Using himself as a case study, he said that his call for business was moved from Cameroon back to the country in order to give succor to some who needed it.
Furthermore, he hinted that the cost of running business abroad was exorbitant.
According to him, several dollars could go down the drain in an attempt to secure business registration in a foreign land.
On the issue of employment, he said much was also needed to hire people abroad, while labour in the country was cheap.
Earlier, he had discouraged the quest to travel abroad by Nigerian youths, saying that there were no better opportunities there.
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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