Business
Chairman Calls For Compliance With Fiscal Responsibility Act
The Chairman of Fiscal Responsibility Commission, Alhaji Aliyu Yelwa, has called on the Ministries, Departments and Agencies (MDAs) to adhere to the rules and regulations under the Fiscal Responsibility Act.
Yelwa told newsmen Monday in Abuja that strict compliance with the provisions of the Act would ensure transparency and accountability.
He said the commission had noticed some level of improvement in the rate of compliance with the Act among the MDAs because there was enough awareness about it.
The chairman noted that before the establishment of the commission, many MDAs would not bother to submit annual reports in terms of what they had done with the funds allocated to them.
He said the level of the MDAs’ response to the commission’s correspondence, reaching more than 90 per cent, showed that they displayed transparency and accountability.
Yelwa, however, said that the commission was still awaiting the 2011 first quarter reports from the MDAs ‘“because the 2011 budget did not come into being until June.
“If we comply with it, we would get a better and well managed economy and the country would be able to achieve its aim for the Vision 20:2020,” he said.
Yelwa explained that if the provisions of the Act were strictly adhered to, the nation’s credibility in the comity of nations would be enhanced.
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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