Business
Bizman Advocates Agric Funding Through Equities Market
A businessman in Port
Harcourt, Rufus Okoro, has urged the federal and state governments to utilise capital from the bonds and equities market to fund agriculture.
He also said that such funds could be used to make agriculture a business for the youth to buy into, if the issue of youths unemployment must be tackled.
Okoro, who was speaking with The Tide in Port Harcourt, Thursday, said that agriculture has all it takes to drive the inclusiveness needed in the positive economic growth that is witnessed in African continent
Okoro, who specialized in agricultural marketing and fish farming, said he had to invest in agriculture so as to boost production and create employment, adding that so far, he has employed over 20 persons in his organisation.
He said, “I will be happy if the government at various levels will take the issue of agricultural development more seriously and take advantage of emerging capital market to seek for funds to develop agriculture.
“Our leaders must ensure that they leverage the private sector to ensure effective participation of youths in agriculture and also raise money from various domestic capital market to support the sector,” he stated.
The businessman also urged international institutions like the African Development Bank (AFDB) and World Bank to do more in effort to develop agriculture in Nigeria.
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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