Business
Former Gov Lists Conditions For Nigeria, Africa’s Dev
Former Governor of Anambra State, Mr Peter Obi has listed two conditions that must be met for Nigeria to overcome its economic difficulties and for Africa to develop.
He said that governments in the country needed to invest massively in education and skills training as well as meaningful support for Small and Medium Enterprises (SMEs) to overcome economic challenges.
Obi made this known in an interview with The Tide source on Friday at the sideline of the 2018 African Small and Medium-Scale Roundtable in Yenagoa.
He said that Nigeria must focus on investing in education and skill acquisition in order to improve its economy and drastically reduce the level of youth unemployment.
The former governor stated that Nigeria must see education and skill acquisition as an investment as such would help to diversify and grow the nation‘s economy.
According to him, from the discussions we had at the roundtable, it was evident that there are huge opportunities in Africa.
Obi, however, said that to avail the opportunities, “Africa requires huge investment in education and skill acquisition as well as effective support on SMEs; the effort will help to build a prosperous future.
“Also, for Africa to transit from exporter of raw commodities to a manufacturer of finished goods and become a significant member of the global technological world, the people must be educated.
“China is one of the best in economy in the whole world today, because the country engages its people seriously in education and skill acquisition programmes.
“Young people must invest wisely for them to create wealth and jobs for others. The problem of Africa depends on the youths because they fail to invest wisely,” he said.
On his part, Special Adviser to Bayelsa Governor on Trade and Investment, Mr Stephen Akake, told our source that SMEs were established to impact directly on the people.
Akake said that the objective of the roundtable was to discuss possibly ways that could help people to access loans from micro-finance banks for business purposes.
He said the Bayelsa Government had created micro-finance banks to help business-oriented individuals to borrow money.
He said that tremendous support in SMEs by meaningful people would also help to enhance development of Africa.
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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