Business
Nigeria’s Exports To Indonesia Increase By 300%
The Indonesian Envoy to Nigeria, Amb. Harry Purwanto has announced that Nigeria’s exports of crude oil and agricultural products to Indonesia had between January and August last year increased by 300 per cent.
Purwanto, however, told The Tide source in Lagos on Monday that Indonesian exports to Nigeria within the period only increased by 15 per cent.
“I am glad to announce that Nigeria and Indonesia’s trade relation is growing, although much more in favour of Nigeria.
“Last year, 2016, between January and August, we noted that Nigeria’s exports to Indonesia had increased by 300 per cent, while Indonesia’s exports to Nigeria increased by 15 per cent.
“And most of the exports from Nigeria to Indonesia were crude oil and agricultural products.
“What this is telling us, Indonesians, is that we need to increase our exports to Nigeria, strive to balance and make our trade relations more sustainable with Nigeria,’’ he said.
Purwanto said that he was working at increasing the presence and interest of more Indonesian investors and businesses in Nigeria from next year.
The ambassador also disclosed his plans to facilitate more business exchange opportunities between Nigerian and Indonesian businessmen and women.
Purwanto said that some new Indonesian companies had already started extending their investments and businesses to cities like Jos and Uyo.
“We are really working at making bilateral trade between Nigeria and Indonesia much more concrete and mutually beneficial to the people of our two countries.
“We are inviting more Indonesian companies to come and do business in Nigeria, as well as invest in the huge business opportunities across Nigeria,’’ 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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