Business
Bizman Seeks Industrial Clusters To Boost Local Production
An Opobo-based quantity surveyor, Mr Adasa Diepiri, has called for the establishment of industrial zone in each of the six-geo-political zones of Nigeria, to boost industrial production.
Diepiri who is also the Managing Director of Demarks Investment Company Limited, made the call in Opobo Town while speaking to The Tide, Saturday.
He said that the establishment of the zones would help to encourage local manufacturers and enhance the nation’s production capacity, such that varieties of goods can be produced locally and at low cost.
“If the goods meet international standards, the appetite for foreign products will be discouraged and many people will go for the low-cost locally made products,” he said.
Diepiri said for the industries to be successful, the Federal Government must be ready to provide the needed infrastructure within the industrial zones.
The quantity surveyor said, the industrial zones should have power plants that would be supplying uninterrupted electricity.
“Consideration of the natural resources in each of the six-geo-political zones will determine the kind of products they produce. “This implies that, each of the industrial zones will speciatise in producing goods peculiar to their area.
“With such arrangement, variety of goods will be produced locally in large quantities and can even be packaged for exportation,” he said.
He suggested that the funds to establish the industrial zones could be sourced locally by encouraging some local investors to provide the money.
The expert said that, there were many wealthy Nigerians and corporate organisations that would be willing to sponsor such investments.
“If the operation of the industries kick-off and start to progress, foreign investors may be attracted to invest, resulting to further expansion of the industries,” he added.
Bethel Sam Toby
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.