Business
RSG To Expunge Investment Bottlenecks – Commissioner
The Rivers State Commissioner for commerce and industry, Mr. Ogbonna Nwuke has said that government has set out to ensure that all bottlenecks to investors and investment in the state are expunged, so as to create an enabling environment for business to thrive.
Nwuke who made this known in Port Harcourt while receiving the report of the committee on commercial and Industrial Policy Roadmap for sustainable industrial growth, said government has put in place policies that will aid investors to do business in the state without problems.
According to him, “one of such policies put in place is tackling the multiple taxations in the state, which government sees as an obstacle to efforts being made to attract investment and investors in the state.”
In his words, “we will create an enabling environment for investors who are already here and the would-be investors to take advantage of the great resources that we have in Rivers State.”
He said that a bill known as the Fiscal Responsibility Bill that seeks to exterminate double taxation has already been taken to the State House of Assembly, adding that government has sent another bill to the House to make it illegal for youths to interfere with service providers or contractors working for government.
The commissioner said when this bill is signed into Law, an offender will be jailed for two years for interfering with contractors or service provider, adding that this will serve as deterrent to those who obstruct development processes.
This also, according to him, would serve as clear signal for those wishing to invest in the state that government had created the right atmosphere for business.
Corlins Walter
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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