Business
Abuja Investment Company’s Board Dissolved
The FCT Minister, Sen. Bala Mohammed, has approved the dissolution of the board of the Abuja Investment Company Ltd. (AICL).
This was contained in a statement issued by Alhaji Muhammad Sule, the Chief Press Secretary to the minister and made available to newsmen on Tuesday in Abuja.
The statement noted that the decision was reached at the end of FCT’s executive council meeting.
It added that the company would be re-positioned for better performance.
Mohammed was quoted as noting that the Group Managing Director/Chief Executive Officer of the Company, Mr Abdu Muktar, was not affected by the dissolution.
It quoted the minister as saying that a new board would immediately be re-constituted to continue with the onerous task of wooing investors to the territory.
Mohammed, therefore, directed that letters of appreciation be written to all the outgoing board members and thank them for their contributions and sacrifices to the Abuja project,
The 11-member dissolved board was chaired by Mr Hakeem Bello-Osagie.
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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