Business
Diplomat Tasks Nigeria On Regional Power Market
The Indian High Com
missioner to Nigeria, Mr Ajjampar Ghenashyam has advised Nigeira, as the hub of economic activities in the West African sub-region, to take the lead in the development of regional power market.
He said that India had achieved over 400 per cent leap in generation capacity in the last 10 years, due to the competitiveness of the market.
Ghenashyam who made this known while responding to the power situation in Nigeira in a forum in Abuja, said countries like Nepal, Banladesh, Bhutan and Pakistan had already been enjoying from seamless cross border market and this had further boosted the confidence for investment flow into the sector.
The envoy also stated that India was ready to partner with Nigeria in the development of the nation’s power sector.
Nevertheless, analysts have also advised the government to invest in the development of alternative sources of energy, such as wind and solar in order to boost the capacity of the country to meet its energy requirement.
They also advised the government to fast-track the completion of the NIPP projects in order to realise the objective of providing uninterrupted power supply to Nigerians by the end of 2014.
The provision of stable and uninterrupted power supply is key for accelerated economic and industrial development of any country, and Nigeria’s quest to become one of the 20th economies in the world may well be a mirage without stable electricity supply.
However, inspite of its importance, efforts to guarantee sustainable stability in the power supply has remained elusive despite huge investment in the sector by successive administration, particularly in the present administration.
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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