Business
Ministry Identifies N174bn Commitments In Contracts
The Supervising Minister
of Aviation, Dr Samuel Ortom, has said the ministry had identified N174 billion commitments in contract with a view to reprioritising those yet to be executed.
Ortom told journalists in Abuja, last Thursday, that the ministry made some commitments rather than incurring debts totalling N174 billion in terms of contract execution.
According to Ortom, when the Senate and House of Representatives committees on aviation visited the ministry recently, they did not uncover fraud to the tune of N174 billion as being speculated in certain quarters.
“It was alarming to hear people say that the National Assembly came here and uncovered fraud. There is no fraud in this ministry as far as we are concerned.
“It was a committee that I instituted that was able to bring these figures out. No house or senate committee came here to do any probe and discovered that (fraud).
“It was what we saw on ground but we needed to know from where we will take off and it was based on this that we now said okay we have to re-prioritise anything that we are doing.
“There is no fraud as far as am concerned. What happened was that Senate and House committees came here on oversight and it was proper to give them an overview of what was on ground.
“I say that we have commitments of N174 billion outstanding contracts. Some of these contracts are yet to be executed. They are not really debts; some of them are just commitments that we made.’’
Ortom said that the ministry signed agreements with contractors but had not been able to pay the 15 per cent needed to mobilise them to start work.
The minister explained that some contractors had started work while others had not actually started saying, “all together the total commitments we have is about N174 billion.’’
Ortom said resources that come into the coffers of the ministry would be channelled to those projects nearing completion so that they would be completed and be commissioned.
He said that the ministry would do everything possible to intensify its Internally-Generated Revenue (IGR) to raise money to complete ongoing projects.
The minister said, “the budgetary provision will not be able to fund these projects that we inherited; nobody should be alarmed; there was not any fraud in the aviation industry.’’
He also denied the allegations that agencies under the ministry were remitting money to him for his political campaign.
“All that is laughable, it is just meant to smear my name maybe due to my rising political profile.
“With all this I am more determined, committed, because I am a man of due process.
“I stand by the rule of law. I’m not concerned with money that is not mine. I thank God for what I am and what I have and I am contented,” he added.
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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