Business
NIPOST To Introduce Rural Banking Services – Shittu
The Nigerian Postal
Services (NIPOST) will soon introduce banking services to rural areas of Nigeria, Minister of Communications, Adebayo Shittu, has said.
Shittu told newsmen on Sunday in Abuja, that the banking services would avail Nigerians in rural areas the opportunity to carry out banking transactions.
He said that the ministry of communication was making effort to re-position NIPOST to make it vibrant and to diversify its services.
He said that since the commencement of GSM operations in the country, NIPOST had witnessed drop in sales particularly for postage stamp and other services.
The minister said that in its efforts to reposition NIPOST, the ministry had identified some major areas that could be included in the mandate of the service.
He listed some of them to include internet services in all NIPOST locations, introduction of rural banking, property development and e-commerce.
“ We are also looking at consolidating the capacity of NIPOST to engage in property development; you will recall that in most communities NIPOST usually has more land than needed.
“So we are seeking private-partnership arrangement with private sector developers to construct and rent out office blocks, malls and even high class residential houses to enable us generate revenue,’’ he said.
Shittu said the ministry was also looking at the possibility of using NIPOST to facilitate e-commerce.
He said that the ministry had finalised arrangement to appoint a new Post-Master General, who is expected to kick start the reforms in NIPOST.
“We have gone through the processes of interview test and new post-master General will soon emerge.
“Once he emerges, the reforms will take off, ‘’ the minister said.
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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