Business
‘FG, Supporting States On MSMEs Irrespecive Of Party’
Vice-President Yemi Osinbajo says the Federal Government is giving support to state governments to grow Micro, Small and Medium Enterprises (MSMEs) devoid of party differences.
Osinbajo made the assertion during the launch of the 19th edition of the National MSMEs Clinic in Enugu, yesterday.
He, therefore, said that the Federal Government would set up shared and well equipped MSMEs facilities in all states of the federation to support entrepreneurship.
He said that the Federal Government had already shown such impartiality through the various financial supports it gave to state governments to mitigate the harsh impacts of fallen oil prices.
The vice-president urged the state governments to set up one-stop-shop investment hubs to promote ease of doing business.
He said that the event, an initiative of President Muhammadu Buhari’s administration, was aimed at harnessing the entrepreneurial potential of Nigerians.
Osinbajo said that though MSMEs were finding it difficult to break even due to lack of funds, the Federal Government had made interventions in this regard.
He said that the Federal Government would partner with the state governments and relevant organisations to improve businesses in the country.
Osinbajo noted that the government was not oblivious of the enormous talents that abound in the country, stressing that such must be harnessed and supported.
“The Federal Government is committed to ensuring that more businesses are developed in the country,” Osinbajo said.
Earlier, Gov. Ifeanyi Ugwuanyi of Enugu State said that his administration would gladly join the Federal Government to eradicate poverty through MSMEs.
Ugwuanyi commended the initiators of such clinic, saying that a lot more would be achieved through such interactions.
The governor said that the state government had provided the enabling environment for residents of the state to have equal access to MSMEs funds.
He disclosed that his administration had trained about 35,000 entrepreneurs, adding that he was determined to empower more residents of the state in addition to transforming rural communities.
Ugwuanyi called for the acceleration of relevant business certifications processes for young graduates to enable them participate in businesses of their choice.
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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