Business
Osun Seeks $50m IDB Loan For Water Project
The Osun State Government has applied for a loan of fifty million dollars from the Islamic Development Bank (IDB) for the execution of Ilesa water distribution network.
Special Adviser to the Governor on Water Resources, Mrs Tawakalitu Williams, said this while briefing newsmen on the activities of the state water corporation Osogbo.
Williams said that the loan was necessary for the construction of Ilesa Water Supply Scheme.
The loan will also be used for the water transmission mains and the distribution networks.
She said the consultancy work on the project had been completed.
The special adviser also said that the contract for the next stage of the project would be awarded as soon as funds were made available.
Williams said that the Federal Government had been approached for further assistance on the construction of treatment and pumping plants.
The assistance, she said, was aside the IDB loan.
“The construction of rising mains, reservoirs and distribution networks which will be handled by the state will be awarded as soon as the IDB loan is accessed,” she said.
She said the problem confronting the Ilesa water distribution networks was due to the hilly topography of the area.
“Ilesa had for years, depended on Efon-Alaaye for water supply.
She said that the efforts of successive governments to surmount the problem had always been counter-productive.
The special adviser said that this was due to the high cost of constructing the water schemes.
She said, “In order to reach the Millennium Development Goals (MDGs), the Federal Government must do something urgent on the state water schemes.
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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