Business
PHCCIMA Boss Urges Probe Into Finance Minister’s Claim
The President of the Port Harcourt Chambers of Commerce, Industry Mines and Agriculture PHCCIMA), Engineer Vincent Furo has urged the presidency to probe into the statement made by the minister of Finance, Dr Ngozi Okonjo Iweala that Nigeria is broke.
Engineer Furo who stated this while speaking to Journalists in Port Harcourt, Friday, in reaction to the economic and business situation of the country said that it will be a disgrace to the nation for the minister to make such claim when a lot of money is being siphoned in the oil sector of the economy.
He said that a lot of corrupt activities have been detected at the Nigerian National Petroleum Corporation (NNPC) where the nation’s fund is diverted to private purse.
The PHCCIMA boss decried a situation where some managers of the NNPC are richer than some states in the country, and are allowed to go free without any form of questioning.
Furo also lamented a situation where civil servants who are supposed to protect and preserve the wealth of the nation, now connive with politicians to root the nation’s treasury, which is very unhealthy.
He said that Nigeria is a rich nation with good endowment of natural resources, and therefore called for a probe into the statement that the nation is broke, managers to be very accountable.
Corlins Walter
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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