Business
FG Presents Vehicles To Micro Finance Officers
The Federal Government has provided vehicles to three local government areas of Bauchi, Katagum and Ningi participating in the Rural Finance Building Programme (RUFIN) in Bauchi State.
The state Commissioner for Agriculture, Alhaji Tasiu Mohammed, distributed the vehicles to the assistant micro-finance officers from the areas in Bauchi.
He said that the vehicles were provided by the Federal Government to ease logistics problems in those areas.
He said that the Bauchi State Government paid N12 million yearly as counterpart fund to RUFIN since its commencement in 2010.
Mohammed further said that the state government had established micro-finance banks to handle farmers’ need in terms of loans, to enable them to finance their activities.
“With this development, there will be no more problems of transportation; so officers should ensure that rural farmers benefit from the programme.
“ More of such banks would be established across the state since farmers cannot access loans from commercial banks because of some policies and criteria that have to be completed..’’
Mohammed applauded RUFIN for achieving positive results in the past few years in the state.
Meanwhile, Alhaji Mohammed Wahu, the Chairman, Bauchi State House of Assembly Committee on Agriculture, has said that a huge amount was approved for the production and supply of farming implements and fertilsrs by the state Fertiliser Blending Company.
He said the action was to ensure that farmers were adequately supplied with farming implements to further boost farming activities across the state.
Earlier, the Bauchi State Coordinator of RUFIN, Alhaji Usman Mahmud, said that the programme was being implemented with a loan agreement worth 27.2 million dollars between the International Fund for Agricultural Development (IFAD) and the Federal Government.
According to Mahmud, N29.64 million has so far been disbursed to 1,515 members of various savings and credit groups as loans under the programme.
RUFIN had also provided computers and software to participating micro-finance banks to facilitate their operations, he said.
“As part of the achievement of the RUFIN in Bauchi State, the sum of N29,640,000 was disbursed to 1,515 groups and N8,681,061 was generated by same groups as voluntary savings.
“A software and computers were provided to micro-finance banks in the programme to avoid multiple loan disbursement to a single borrower from different lending institutions.”
Also speaking, the Permanent Secretary in the ministry, Dr Dauda Abdullahi, enjoined RUFIN officers to put in their best to ensure that the programme achieved the desired objective since it is still at pilot phase.
He noted that the success of the programme would pave way for other local governments to benefit and as such all hands must be on deck to achieve the set goal.
The News Agency of Nigeria (NAN) reports that two motorcycles were presented to each LGA, and a double cabin Hilux van to the state office.
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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