Business
States Got N1.73trn In 2017 – NBS
The National Bureau of Statistics (NBS) says the net Federal Account Allocation Committee (FAAC) allocation to the 36 States in 2017 Fiscal Year stood at N1.73 trillion.
The NBS stated this in its “Internally Generated Revenue (IGR) at State Level for 2017 report’’ published on the bureau’s website.
According to the report, the total revenue available to the states in in the year is put at N2.67 trillion.
Meanwhile, the NBS stated that the full year 2017, state IGR figure was N931.23 billion compared to N831.19 billion recorded in year 2016.
This, the bureau stated, indicated a growth of 12.03 per cent year- on- year.
The report stated that at the end of second half of 2017, total revenue generated by states was put at N432.65billion as against N409.09 billion in first half of the year.
NBS stated that 31 states recorded growth in IGR while five states which included (Akwa Ibom , Anambra , Bauchi, Osun and Taraba) recorded a decline at the end of 2017 Fiscal Year.
However, the bureau stated that the value of foreign debt stood at 19.9 billion dollars while domestic debt was N3.35 trillion at the end of the year.
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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