Business
US Pledges To Help Nigeria Diversify Economy

The United States Secretary of State, John Kerry, says that his country will do everything in its power to help Nigeria diversify from single to multiple resources dominated economy.
This is contained in statement from the information Unit, U.S. Department of State, made available to newsmen in Abuja, yesterday.
Kerry held a meeting with the workers and families of U.S. Embassy in Abuja on Wednesday, where he made the statement.
He commended President Muhammadu Buhari’s commitment to moving the country forward by dealing with corruption, economic challenges and the challenge of Boko Haram.
The secretary noted with concern that Nigeria was a single-resource dominated economy.
According to him, the reduction in the global price of oil, which is a major driver of Nigerian economy, is a huge challenge to it.
“We are making enormous progress in pushing back against Boko Haram, and I came here now to reaffirm the promise of the United States to stand by Nigeria, to help Nigeria.
“We will win this battle against Boko Haram, I promise you. And we will also do everything in our power to help to adjust the economy to a change.
“No country should be single-resource dominated in its economy, and the lesson is you have got to diversify,” he said.
Kerry said that unlike most country he visited which had transitioned, “Nigeria is a country yet to fully transition.’’
He told the workers that they were really part of a critical moment of transformation, and it’s a wonderful thing to be able to work in an embassy.
Kerry said they were working in a place where U.S. policies were geared to try to help accelerate that transformation and shape that transformation.
He commended the efforts of more than 500 local workers at the embassy whom he said had helped to change lives.
The U.S. secretary of state lauded them for making a choice to better the lots of people by choosing to work at the embassy.
He said that they could also make a difference in the life of people, a country and help the planet to be a better, safer, more prosperous place.
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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