Business
Intels Gets Kudos Over Local Content Dev
In line with the local content policy agenda of the federal government, the federal house of representatives, has described the Integrated Logistic Services Limited (Intels) as the foremost corporate organisation that has committed huge resources towards achieving the ideals of the policy in the country.
The Chairman, House of Committee on Privatisation and Commercialisation, Hon Khadija Bukar A. Ibrahim, made the remark shortly after the oversight visit of the committee to Intels facilities at Calabar and Onne Ports recently.
Hon Ibrahim, said that the visit became necessary following the federal government determination to implement the agenda of the local content policy with a view to encouraging the growth of subsidiary industries and fabrication of local raw materials in the country, as well as creating more jobs for Nigerians.
He commended Intels for its numerous contributions towards achieving the goals of the privatisation programme in Nigeria, especially investing largely in the oil and gas sector and contributing immensely to the economic development of the nation.
According to him, “It is gratifying to note that your commitment to inculcating local content in the management policy, the dynamism, resourcefulness, keen vision and huge investment are worthy of mention”.
The law-makers urged other corporate entities to toe the lines of development Intels has demonstrated, and wished the company greater success and fulfilment in its drive to become Nigeria’s biggest investor in the oil and gas logistics in the country and sub-Saharan Africa.
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.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Maritime3 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime3 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime3 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime3 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime3 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics3 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports3 days ago
Bournemouth, Newcastle Share Points
-
Sports3 days ago
Zidane’s Son Switches Allegiance To Algeria