Business
Economic Dev: Minister Seeks Support For Nigeria, W’Africa

The Minister of Finance, Mrs Kemi Adeosun yesterday, called for additional technical and institutional support from the Africa Regional Technical Assistance Centre West 2 (AFRITAC West 2) for West African countries.
Adeosun said this in a statement issued by Mr Oluyinka Akintunde, her Special Adviser on Media and Communications.
The statement said Adeosun spoke at the sixth Steering Committee meeting of the IMF –AFRITAC West 2 in Abuja.
The minister said the provision of more technical and institutional support for West African countries would impact significantly on capacity development within the region.
“The ability to mobilise resources and build institutions with the capabilities to allocate them effectively is the foundation of a strong economic management engine.
“The transfer of these technical capabilities and emergence of stronger institutions will increase the economic resilience of member-countries.
“These countries will have the technical capability to successfully and independently manage their economies to effectively deliver on critical development imperatives,’’ he said.
Adeosun said the Nigerian Government was committed to the diversification of the economy from over reliance on oil.
She pledged that going forward, the economy would be shielded from the negative effects of over-dependence on a singular resource.
Adeosun also said the government was mobilising domestic revenue through taxes to improve the economy and foster economic development.
“AFRITAC has supported this effort by conducting the Tax Administration Diagnostic Assessment Tool, which provided Nigeria with an objective assessment of key components of our tax system.
“We see this work as critical to Nigeria’s future development, and would support its continued implementation,” she said.
Adeosun urged member-countries of the West African region to collaborate with AFRITAC to strengthen country ownership of the various capacity development interventions.
The Coordinator of AFRITAC, Mr Oral Williams, disclosed that the Centre had executed 150 capacity development activities across member-countries.
According to him, the Centre has designed the work programme for the next fiscal year with the aim of delivering quantifiable results.
The event was attended by the Senior Resident Representative of the International Monetary Fund (IMF) in Nigeria, Mr Amine Mati, the Director-General of Budget Office, Mr Ben Akabueze.
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