Business
Wike Plans Loans For Transporters
There is an indication that
Rivers State under Governor Nyesom Wike might float a Transport Loan scheme as a way of partnering with indigenous transporters to develop the transport sector in the state.
Wike gave this indication when representatives of Indigenous Transport Owners Association of Niger Delta (ITOAND) paid him a visit Monday in Government House, Port Harcourt.
The President of ITOAND Prince Emmanuel Ogba, disclosed this in an interview with The Tide at the weekend in Port Harcourt.
Ogba explained that the scheme which would commence next year, was designed mainly for Rivers indigenes as well as other transporters in the state.
The ITOAND boss told The Tide that transporters in the country were patriotic Nigerians in view of their decision to operate with same transport fare even when the cost of Petrol has appreciated by over 100 per cent.
“Most Nigerians had expressed fear that transport fare would increase in respect of the upward review of fuel price, but we had continued to operate at same faire”, he said.
Ogba expressed dismay over the increasing cost of locally produced products and services in the name of recession.
“The use of economic recession to increase price by groups of traders is common and unjust. I advise other traders to refrain from worsening the situation through arbitrary increase of prices”, he said.
He, however, stated that any slight increase in petroleum products prices might lead to increase in transport fare stressing that, should the fare remain same when Federal Government increased further the petrol price, the transport would be operating at a loss.
Chris Oluoh
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.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Sports4 days ago
CAFCL : Rivers United Arrives DR Congo
-
Sports4 days ago
FIFA rankings: S’Eagles drop Position, remain sixth in Africa
-
Sports4 days ago
NPFL club name Iorfa new GM
-
Sports4 days ago
NNL abolishes playoffs for NPFL promotion
-
Sports4 days ago
NSF: Early preparations begin for 2026 National Sports Festival
-
Sports4 days ago
Kwara Hopeful To Host Confed Cup in Ilorin
-
Sports4 days ago
RSG Award Renovation Work At Yakubu Gowon Stadium
-
Politics4 days ago
Rivers Assembly Resumes Sitting After Six-Month Suspension