Business
Geologist Tasks FG On Economic Diversification
An Emeritus Professor of Geology, Sylvester Adegoke, has advised the Federal Government to explore more non-oil mineral resources to enhance the growth of the economy.
Adegoke told The Tide source in Lagos, Thursday, that exploration of more non-oil resources would boost the economy by increasing the revenue base.
According to the octogenarian professor, there are some states with mineral resources that are yet to be tapped because less or no attention is given to them.
“Exploration is ongoing in the Chad basin, we did some study before and other study to discover oil.
“We have to systematically study it, although it may take long or few years time, if we are lucky.
“Government should reorganise the sector and put all machinery in place with professionals to explore more mineral resources.
“The present administration made it clear that diversification is their focal point, so we need to identify and explore more mineral resources to boost the economy,’’ he said.
He said that Nigeria was endowed with different kinds of mineral resources waiting to be explored.
Adegoke stressed the need to diversify the revenue base, by exploring other mineral resources to develop the economy.
“Discovering minerals is not an easy job, the present government is really trying to focus on it,’’ he said.
Adegoke, who is also a national award winner on intellectual development, lauded the current administration in its efforts to revamp the economy.
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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