Business
World Bank Urges Better Implementation Of Federal Budget
The World Bank, has advised the Federal Government to improve on its level of budget disbursement.
The bank said that this should be of high priority in governance.
Mr Jens Kristentsen, the bank’s Lead Public Sector Governance Specialist and Cluster Leader for Anglophone West Africa, gave the advice in an interview with newsmen in Benin.
“Broadly speaking, Nigeria’s budget disbursement is about 17.4 per cent, which has to go up because it is a high priority for our counterpart at all levels of government and it is a high priority for the World Bank too,” Kristentsen said
He said that, “it is not only a Nigerian challenge, it is a challenge to so many countries I have worked with quite outside Africa and Asia”.
On their mission to Edo, he said, “we are here to launch the State Employment and Expenditure for Rural (SEEFOR) projects which has two components.
“In order to do what we have to do to alleviate poverty, improve governance and help our counterparts in this country achieve their development objectives.
“The first is to specifically get the youths out of the streets, working, do some socially attractive activities like waste removal , drainage and social development projects.
“The other component is to assist the government and the state in achieving its objectives of increasing transparency and accountability in management of public resources.
“So these are the priorities of these projects,’’ Kristentsen said.
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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