Business
Coordinator Hails Fadama III Project In Plateau
The Coordinator of Fadama III Project Coordination office in Plateau State Mr Gideon Dandam, said last Thursday that the World Bank-assisted project in the state had come to stay.
Dandam told newsmen in Jos that the project could end administratively on December 31 although the programmes that would sustain the project for another period had been put in place.
The coordinator said because of the impact of the project on the lives of farmers in the state, both the project officials and the farmers came together to develop the programmes that would sustain the project.
“Our farmers have adopted a policy of sustainability. And they have now begun a process of establishing a microfinance bank.
“Presently we have got the approval of CAC (Corporate Affairs Commission) for a name which is now Fadama Farmers Microfinance Bank. Number two, they have also gone ahead to pool this money together in one account, preparatory to the take-off of the bank, which will now be medium where they will use to obtain small loan with one digit interest”, he said
According to Dandam, the farmers who had been saving five per cent of their annual interests were able to raise N58 million for the microfinance bank.
He said the bank would service all small farmers in the state without interference from the Fadama office.
Besides the sustainability programmes, Dandam said that the Federal Government secured funding that would enable it to continue to assist farmers in furtherance of the project.
“The programme will eventually come to a close on December 31, because it was meant for five years.
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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