Business
Youths Task FG On Ajaokuta Firm …Want Russian Firm To Complete Project
The Ebira Youth Congress in Kogi State, has appealed to the Federal Government to engage TyazhPromExport (TPE), a Russian company, on bilateral agreement to complete the moribund Ajaokuta Steel Company.
President General of the Congress, Mr Baba Abdulrazak, told newsmen on Tuesday, in Abuja, that government should meet with TPE construction company to complete the remaining two per cent work for Ajaokuta to become operational.
He said the TPE company built Ajaokuta Steel to its current level, adding that the Russians knew the remaining areas that should be completed.
He said that the company should not only complete the project but government should also concession the steel company to TPE to operate the project after completion for few years.
“The TPE is the original builder of Ajaokuta Steel company; it has the requisite technology and manpower to bring the company on board.
” We are not against government reconcessioning the steel company but it should be given to a company that is trust worthy, that has history on steel business, that is why we want government to give the company to TPE,” he said.
In 1979, during the administration of Alhaji Shehu Shagari, TPE, a leading engineering company, commenced construction works on Ajaokuta Steel Company Limited which lasted till 1994.
In 1990, as the project approached completion, TPE on monthly bases for 4 years, wrote to the Federal Government reminding it of the need to commence work on the necessary infrastructure needed to successfully operate the steel company.
TPE also suggested the possibility of dredging River Niger which could offer a better and more convenient route of importing raw materials but the then government never yielded to the advice.
He also advised the government to dredge River Niger and construct rail to Ajaokuta to enable easy movement of industrial materials for steel products.
“Government should access loan from a financial home for the construction of rail and for the completion of Ajaokuta steel.”
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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