Business
Pay Back Loans, NDE Appeals To Beneficiaries
The National Director ate of Employment (NDE) has appealed to the beneficiaries of NDE loans to pay back the loan when due to enable others also benefit.
Director General of NDE, Mallam Abubakar Fikpo, made the appeal recently while disbursing N4.2 million to 42 beneficiaries of NDE loan to farmers in Delta State under Sustainable Agricultural Development Empowerment Scheme, Graduate Agricultural Empowerment Scheme, Agricultural Enhancement Scheme, and Community-Based Agricultural Empowerment Scheme.
Fikpo, who was represented by the Deputy Director, Human Resources Headquarters of NDE, Mrs. Oyoyo Kate, said the disbursement was going on across the 36 states.
“It will interest you to note that NDE was established with the statutory responsibility to design and implement programmes that will combat mass unemployment in the country.
“I want to beg you that the loans we are giving you today is not a grant and it should be paid back as at when due so that those who were not privileged to benefit from this batch will have the opportunity to be empowered in the second phase of the loan disbursement”, he said.
The NDE boss explained that the loans are very flexible with six moratorium, 9 percent interest rate and repayable in three years.
He commended the State Governor, Ifeanyi Okowa, for supporting NDE programmes in the State.
In his remark, the Acting State Coordinator of the NDE, Mr. Onyeogo Sylvanus, explained that the beneficiaries had trained in various schemes.
He said it was based on the training that they were being granted loan packages to enable them be established in agribusinessess, adding that the total of N4.2 million were disbursed to 42 beneficiaries with 100,000 each selected from those trained.
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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