Business
Investment, Economic Forum Ends In Bayelsa
The Bayelsa State Government rounded off its 3 day Investment and Economic Forum by signing a N25 billion SMEs development fund partnership agreement with the Bank of Industry, Mainstreet Bank and the Bank of Agriculture in Yenagoa, the state capital.
MoUs were also signed with Ostertrade for the establishment of ceramic tiles, glass and tomato paste and bean canning industries, Proton Energy for the construction of a 500 megawatts power plant, and Banner Energy for the siting of a gas plant and a mini LNG in the state.
The state government equally signed memoranda of understanding with the Federal Ministry of Communication Technology and 4 media organisations, comprising Channels Television, Africa Independent Television (AIT), Nigerian Television Authority (NTA) and Silverbird Television.
The Minister of Communication Technology, Dr. Omobolaji Johnson signed on behalf of the Federal Government, while Secretary to State Government, Professor Edmund Alison Oguru and Information Commissioner, Deacon Markson Fefegha signed on behalf of the state government.
Speaking at the forum, Governor Seriake Dickson said SMEs remained a critical aspect in implementing the economic diversification policy of the restoration government.
Urging the people of the state to key into the SMEs programme for the creation of wealth and job opportunities, the governor stressed that, the era of dependence on political patronage was no longer sustainable.
Governor Dickson, who also signed and presented some copies of certificates of occupancy to Julius Berger Plc and other individuals, underscored the importance of the land title document in addressing the issue of access to business finance.
While assuring the partners of judicious use of the funds, he maintained that, government has put in place measures to closely monitor the would-be beneficiaries of the SMEs for effective management of the fund.
In her remarks, the Minister of Communication Technology, Dr. Omobolaji Johnson said, Bayelsa has been chosen for what she described as a smart state to increase its level of internet connectivity as 20 per cent of the state is yet to be covered by mobile signal.
She commended the state government’s huge investments in security, noting that ICT is a critical component in the development of any economy, with great potential for job creation.
On media partnership, the state government explained that the deal was aimed at promoting effective dissemination and management of information concerning its activities.
Lead speakers and panelists at the forum included Chief Timi Alaibe, Diezani Alison Madueke, Mr. Uche Orji, Miss Ivana Osagie, Managing Director of Notore Chemical industries, Regional Manager South-south Operations Bank of industry, Mr Balarabe Musa.
Dignitaries that attended the forum include Ministers of Niger Delta Affairs, Chief Steve Oru and Minister of state for Defence, Senator Musiliu Obanikoro.
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.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Sports5 days ago
CAFCL : Rivers United Arrives DR Congo
-
Sports5 days ago
FIFA rankings: S’Eagles drop Position, remain sixth in Africa
-
Sports5 days ago
NPFL club name Iorfa new GM
-
Sports5 days ago
NNL abolishes playoffs for NPFL promotion
-
Sports5 days ago
NSF: Early preparations begin for 2026 National Sports Festival
-
Sports5 days ago
Kwara Hopeful To Host Confed Cup in Ilorin
-
Sports5 days ago
RSG Award Renovation Work At Yakubu Gowon Stadium
-
Politics4 days ago
Rivers Assembly Resumes Sitting After Six-Month Suspension