Business
‘FG Lost N10bn In Oil Revenue To Strike’
Chairman, South-West Chapter of the National Union of Petroleum and Natural Gas, Tokunbo Korodo, on Tuesday said that over N10 billion revenue was lost during the five-day strike by its union.
The operation of Nigerian National Petroleum Corporation was shut down on September 15 due to non-payment of N85bn pension benefits.
The strike was suspended on September 19 after a meeting between the NNPC management and the two unions of oil workers.
Korodo said the Independent Petroleum Marketers Association of Nigeria, Petroleum Tanker Drivers, NUPENG and NNPC were losing more than N2m on daily in the South-West region during the strike.
He said business activities within NNPC depot in Ejigbo and Mosinmi were also paralysed, adding food vendors and credit card sellers and other businesses also lost more than N5m within the period.
The chairman, however, said the strike was put on hold because of the intervention of the National Assembly, which promised to resolve the matter.
According to him, the NNPC management has not fulfilled its own part of the pension scheme till now.
He said, “The NNPC management has not paid their N85 billion pension till now.
“We are imploring the National Assembly to prevail on the NNPC management to pay their part of the scheme because oil workers have paid their part.”
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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