Business
I Will Privatise NNPC Even In Death
The prsidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, has reiterated his commitment to privatise the Nigerian National Petroleum Corporation (NNPC) even if it costs him his life.
Atiku made the vow last Wednesday while addressing the business community in Lagos.
Brushing aside the controversy generated when he first made the promise, he repeated: “I am committed to privatising NNPC, I said it.”
“I swear, even if they are going to kill me, I will do it,” he said.
Atiku also said that his emergence in power would lead to prosperity.
According to him,“I am also not going to enrich members of my family but my friends.
“Are my friends not entitled to be enriched? As long as there is no element of corruption there.”
The plan to privatise the state oil company and sell the four refineries had earlier been criticised by stakeholders and financial experts, including the Chief Executive Officer (CEO) of Financial Derivatives Company, Bismack Rewane. Rewane had ask Atiku to tell Nigerians who he wanted to sell the NNPC to and how he intends to go about it.
“I agree that the NNPC should be privatised, but selling to who“You must not just say you are going to sell, you must tell us how, and to who?’’, he questioned.
“Tell us who and who, and how you are going to ensure that it is not sold to your own cronies’’, Rewane said.
Mr Rewane called on Atiku to guard against selling to his cronies in the name of privatisation.
Established in 1977, the NNPC is the oil corporation through which the Federal Government regulates and participates in the country’s petroleum industry.
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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