Business
NESG Hails NASS For Railway Bill Passage

The Nigerian Economic Summit Group (NESG) has commended the Senate and its leadership over the recent passage of the Nigerian Railway Corporation (NRC) Bill.
Chief Executive Officer (CEO) of NESG, ‘Laoye Jaiyeola, made the commendation in a letter to the Senate President, dated July 22, 2016, appreciating the Senate for the accelerated consideration and passage of the NRC Bill.
Jaiyeola in the communication noted that the passage of the Bill “marks a very significant milestone in Nigeria’s history and further demonstrates the role of our legislature in the nation’s economic development.”
He expressed hope that the Bill would mark the first journey that the private sector and the legislature under the National Assembly Business Environment Roundtable (NASSBER) have commenced to improve Nigeria’s business environment.
The letter reads in part: “On behalf of our partners in the National Assembly Business Environment Roundtable, Nigerian Economic Summit Group, UK Department for International Development’s ENABLE II programme and Nigeria Bar Association’s Section on Business Law, I write to congratulate and express our deep appreciation to the Senate of the Federal Republic of Nigeria, for successfully passing the Nigerian Railway Corporation Act 1955 Repeal and Re-enactment Railway Bill, 2016.
Nneka Amaechi-Nnadi
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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