Business
Commission Boss Urges Increased IGR In States
The Chairman, Fiscal Responsibility Commission, Alhaji Aliyu Jibril Yelwa, has canvassed the need for an increase in Internally Generated Revenue profile of states and local governments.
Yelwa, who spoke when he received officials of Centre for the Study of the Economies of Africa in his office on Thursday, said there were so many untapped revenue sources in both states and local governments which, if fully utilised, could make them fully independent and less dependent on Federal allocations.
In a press release signed by the Head, Media of the FRC, Mr. Abdulganiyu Aminu, Yelwa said corruption and bad governance had made it impossible for governments to impose legitimate taxes on the citizens, adding that there was need to carry out an intensive research on how to redress the situation.
Yelwa also called for a more aggressive tax regime in the country so as to boost the revenue profile of the country.
In his own speech, the Acting Executive Director, of Centre for the Study of the Economies of Africa, Dr. Ebere Uneze, said reliance on oil revenues by states, at the expense of other viable sources of revenue, was not sustainable; adding that the CSEA was ready to collaborate with the Commission to embark on an up-to-date fiscal studies that would positively impact the revenue profile of states and local governments.
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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