Business
Keyamo Blames Bank Process For N7.3bn Disbursement Delay
The Minister of State for Labour and Employment, Festus Keyamo, has explained why the Federal Government had not disbursed the outstanding N7.3bn to beneficiaries of 774,000 Special Public Works Programme.
Keyamo gave the explanation during the budget defence session with the Senate Committee on Labour and Employment, on Monday.
He said the delay was due to bank issues and promised that the ministry would ensure that the funds were disbursed before end of December.
The programme was introduced in October 2019, following the approval of President Muhammadu Buhari.
Keyamo said, “Why we insisted on certain banks was because of auditing process.
“This is so that we have a clear audit instead of us chasing banks all over the place.
“We said the bank should use their local branches to ensure that those 1,000 people selected in the local government area go to those banks within the locality.”
The minister, however, said the ministry had unfolded a process whereby beneficiaries could use any bank in their locality.
He said, “We have made an adjustment in the last few months. We are not attaching a particular bank to a Local Government Area again.
“So, no matter what it is, we will achieve 98 per cent success on the programme.”
The Director-General of NDE, Abubakar Fikpo, said the agency did not have access to the funds for the beneficiaries.
He noted that the mode of payment to the participants was such that all monies were domiciled with the Central Bank of Nigeria.
After all explanation by the minister and the director general, the Chairman of the Committee Senator Godiya Akwashiki said the duo would be invited by the committee for update on the programme.
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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