Education
Recession: Analyst Tasks Poly Women On New Income Models
As the prevailing economic recession continues to unleash hardship on Nigerian homes, women have been charged to consider more active ways of improving on their income by exploring other alternative sources of revenue generation.
A Port Harcourt-based business analyst, Okechukwu Nmerukini, made this call last Friday at a seminar organised by the Port Harcourt Polytechnic Women’s Association (POPWA), in Rumuola, Port Harcourt, the Rivers State capital.
Delivering his paper titled”, Multiple Streams of Income: Strategies for Financial Freedom in a Developing Economy”, Nmerukini said for anyone who values financial security and ultimately desires financial freedom, creating at least an additional stream of income is no longer a luxury, but a necessity.
According to the business analyst, diversifying problem income stream is crucial to protect against economic problem because relying on one source of income such as job or business could be dangerous.
He said: “Your additional income steams can be active, passive or a combination of the two. Some may pay you for doing something that you love, while others can provide income for you without you doing much.
“You can diversify your income streams to protect you against major losses during downturns as that would allow you to financially benefit from the upswings in another”.
Nmerukini emphasized that the inability of many folks to meet up with their financial commitments, creating peace of mind through financial freedom becomes a problem due to single source of income, causing more pressures, pain and penuries.
He listed amongst possible potential opportunities as fruit juice making, pure water production, car wash, nursery and primary school establishment, fast food business, poultry farming, event planning etc.
Earlier in her welcome address, the President of POPWA, Mrs Victoria Sam-Kalagbor, said the gathering was part of effort to brainstorm on immediate environment and to fashion out ways to improve on their well-being.
She stressed that the topic or theme of the conference, “Multiple Streams of Income: Strategies for Financial Freedom in a developing Economy”, was overdue for discussion in view of the challenges placed on Nigerians by economic recession.
Mrs Sam-Kalagbor explained that the era of women complaining of inadequate financial provision by their husbands was over as it has become imperative that they get involved in exploring other sources to improve on family income.
The Tide gathered that POPWA membership was drawn from female academic and none academic staff.
Highlight of the event was practical demonstration of preparation of Juice, local and foreign dishes.
Chris Oluoh
Cross River State Governor, Bassey Otu has inaugurated the newly constituted Governing Councils of the University of Cross River State (UNICROSS) and the University of Education and Entrepreneurship (UEE), Akamkpa.
At the ceremony on Thursday in Calabar, the Governor urged the members to drive institutional excellence, ensure accountability, and align with global best practices.
Governor Otu acknowledged that UNICROSS had long suffered from what many perceived as gross neglect, particularly in terms of physical development.
“After a deep thought and consultation, and having considered all available facts and evidence, I am today opening a new chapter in the relationship between government and its institutions of higher education,” the Governor declared.
He emphasised that while his administration is committed to a renewed focus on higher education, this attention must be matched with transparency and responsibility by the universities’ management.
The same expectation, he said, applies to the University of Education and Entrepreneurship in Akamkpa.
Governor Otu stated that the appointments into both councils and management were carefully considered and reflect the state’s finest minds and seasoned professionals.
“I have taken pains in appointing some of the best that the State has in both the Governing Councils and Management of the institutions. I implore you to apply your wealth of experience in making the institutions world-class,” he charged.
He also stressed the importance of respecting the distinct roles of Councils and management, pointing out that most university problems emanate from role conflict or interference. He tasked each of the councils to stick strictly to its clearly defined functions.
The Governor encouraged council members to leverage their networks to attract new sources of funding and value to their institutions.
“Do not limit yourselves to already known threads of resource sources.”, he said.
Governor Uba Sani of Kaduna State has announced a 50 percent reduction in tuition fees for all Kaduna State-owned tertiary institutions, describing it as a major step toward removing barriers to higher education.
Speaking through his Principal Private Secretary, Professor Bello Ayuba, at the inauguration of the Kaduna State University Chapter of the Kaduna State Students Union, the Governor said the policy has made it easier for students from low-income backgrounds to pursue university education in the state.
He expressed gratitude to the students for presenting him with the Sword of Honour Award and for recognising the achievements of his administration, which were highlighted during the event’s public lecture.
He promised, “Government will continue to support students and the youth generally to realize their ambitions. On your part, make sure that an atmosphere of peace prevails to allow for government’s development programmes to run their full course.’’
The Governor advised students not to allow agents of disunity and chaos to use them to destabilize their communities and steer them away from their career goals.
Governor Sani reminded the students and lecturers at the event that ‘’no meaningful development can be achieved in a state of chaos, disunity and mutual mistrust.’’
However, he said that ‘’going by your conduct over the period that I have been at the helm of affairs of our state so far, you are reliable partners of progress and I can count on you every step of the way.’’
The governor recalled that Kaduna State was under siege owing to the insecurity in some of the local government areas, which had dire consequences on agricultural and business activities.
He noted that the security challenges have now been drastically reduced owing to the combined commitment of security agencies, resulting in safer high ways, people returning to farms and the opening of local markets.
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The governor further said that the Birnin Gwari cattle market which had been closed for over 10 years, has been reopened, so have the other markets in security challenged areas in Giwa local government.
The management of Captain Elechi Amadi Polytechnic,Rumuola, Port Harcourt, Rivers State has admitted 1,882 fresh students to study various courses and programmes for the 2024)2024 academic session.
This announcement was made by the Rector of the polytechnic, Dr Moses Neebee during the 34th matriculation ceremony of the institution held in Port Harcourt over the weekend.
Dr Neebee described convocation as an annual rituals of every institution used to mark the end of admission process, adding that the polytechnic has recorded some academic milestones and achievements.
According to him, the institution recorded 100 percent in the just concluded NABTE accreditation and resources visitation exercise, adding that all the 24 courses presented by the institution during the accreditation were approved including the almighty Diploma in Law.
According to the admission statistics provided by the Rector,1,510 students were admitted for the National Diploma programmes ,while 372 students were offered admission into the Higher National Diploma and part programmes of the polytechnic.
The Rector while congratulating the matriculants urged them to take their studies seriously and ensure that they pass through the institution and as well allow the institution pass through them and not only in learning but also in character.
“ Let me congratulate you all for your successes to scale through the rigorous hurdles of our admission processes. Take advantage of the various technical and entrepreneur skills in the school to equip your self which will make yourselves employed and be better equipped in the society”, he said.
The Rector warned them to desist from any activities that will jeopardise their academic success, stressing that the school has zero tolerance for cultism, examination malpractices, sorting and sexual abuse.
He used the opportunity to thank the state government for the support given to the school especially in the areas of infrastructure development.