Business
Activist Lauds FG Over Modular Refineries
A prominent social activist, Mr Pat Obiene, has commended the Federal Government for the initiative to set up a modula refineries in the Niger Delta region.
Obiene, who made the commendation in a chat with The Tide, noted that, the initiative is expected to open up the Niger Delta region and fast track development.
He also expressed optimism that, setting up modular refineries would help curb loss of revenue to the FG, occasioned by activities of illegal artisanal refineries going on in the region.
According to Obiene, “modular refinery uses a small scale of equipment that can refine a minimum of 5,000 to 10,000 barrels of crude into either premium motor spirit, kerosene, diesel and maybe, jet fuel”.
The social activist expressed delight that, the FG has come to the realization that, the activities of illegal artisanal refineries going on across the Niger Delta region over the years has resulted in huge revenue loses to the nation’s economy.
In the last couple of years, the illegal artisanal refineries going on across the Niger Delta region has caused the FG huge losses of barrels of oil and regardless of military efforts to stop oil theft and artisanal refinery which has proved abortive, so it became important for the Federal Government to accept the use of modular refineries and for them to do it legally”, he said.
Obiene added that, the initiative would put paid to youth restiveness and explained that, environmental impact assessment, which would ensure environmental sustainability and development would be carried out all designated sites.
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
-
Maritime2 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime2 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime2 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime2 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics2 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports2 days ago
Bournemouth, Newcastle Share Points
-
Sports2 days ago
Iwobi Stars As Fulham Overcome Brentford