Business
Post-Amnesty: Bank Chief Wants Private Sector’s Involvement
The Managing Director/Chief Executive Officer of First Global Microfinance Bank Limited, Mr. Victor Itonyo has called for private sector involvement in the post amnesty programme of the Federal Government for militants in the Niger Delta.
Mr. Itonyo who said this at the Eagles Award Night for entrepreneurs organised by Quantum Project Limited in Port Harcourt also described the private sector as the key to the success of the Vision 2020 programme.
He further stressed the need for the establishment of entrepreneurial development centres in all nooks and crannies of the country, while an effective system to encourage the growth of small businesses in the country should be set up.
In her welcome address, the Managing Director of Quantum Project Limited, Mrs. Josephine Itonyo said that the award night was instituted in 2006 by Quantum projects through its training arm, Quantum Business School and its Alumni Association as a forum to appreciate, reward and showcase hard working and successful entrepreneurs as role models and mentors to the teeming youths in the Niger Delta region.
Mrs Itonyo also disclosed plan by the company to set up a foundation for the eradication of youth restiveness in the region.
She stressed the need for the investment in human capital development, while further stressing the need for the people of the region to de-emphasise the reliance on government to provide all their needs.
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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