Business
Commissioner Explains Bayelsa’s Dwindling Allocations
Bayelsa State government has said that the attacks on oil pipelines in neighbouring states were parts of the reasons for its dwindling allocations from the Federation Account since the last quarter of 2008.
The State received N4.45 billion allocation in June and got internally generated revenue (IGR) of N300 million while the total expenditure stood at N7.2 billion, recording a shortfall of about N2.4 billion.
Asara A. Asara, State Commissioner for Information, Strategy, and Orientation, who addressed newsmen on the outcome of the weekly state executive council meeting, expressed outrage at the development, noting that militants in Bayelsa are not blowing up oil pipelines, so the State should not be accountable for attacks on oil pipelines in neighbouring states.
He gave the monthly expenditure figures which include N2.3 billion loan repayments, N1.8 billion ISPO commitments, N2.53 billion for salaries and federal deduction of N600 million.
In spite of the financial situation, Asara said a N1.12 billion contract was awarded for equipping the Cottage Hospital, Opolo, which, he said, ranks one of the best of its kind in the country.
On why the State government has withheld the payment of overheads to ministries and parastatals, Asara alleged conversion of the funds for personal use by the various ministries and departments, assuring, however, that the State government would commence the payment of overheads when the financial situation of the State improves.

A cross section of bankers at a public function organised by the Rivers State Sustainable Development Agency in Port Harcourt, recently.
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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