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Recession: Analyst Tasks Poly Women On New Income Models

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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

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Education

‘Our Target Is To Go Beyond Academic Accomplishments’

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The Acting Vice Chancellor of Ignatius Ajuru University of Education, Port Harcourt, Prof. Okechuku Onuchuku, emphasised the need for students to go beyond academic achievements during the university’s 43rd Convocation ceremony.
The theme, “The University Culture In Practice, The IAUE Experience,” highlights the importance of embracing cherished traditions and intellectual values that define great universities.
Prof. Onuchuku encouraged the new graduates to work hard and persevere, noting that their convocation marks a new beginning in their careers and personal lives. He emphasised that they must prove themselves worthy of the certificates and prizes they have received.
According to him, out of 2,887 first-degree graduands, four made First Class, 403 secured Second Class Upper, 2,030 got Second Class Lower, and 450 graduated with Third Class. Additionally, 1,492 postgraduate students graduated, including 306 PhD holders.
The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ekwe Ibas (Rtd), praised the university’s commitment to academic excellence and institutional maturity. He commended the Acting Vice Chancellor for achieving full accreditation for 47 academic programmes and implementing the NUC’s Core Curriculum Minimum Academic Standards.
The administrator urged the new graduates to uphold the positive values instilled in them by the university and strive for continuous knowledge and improvement.

By: King Onunwor

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Education

Niger Delta Students Suspend Protest Against NDDC In PH

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The Niger Delta Students Union Government, Rivers State Chapter (NIDSUG), has suspended its planned protest against the Niger Delta Development Commission (NDDC) state office in Port Harcourt. The suspension followed an intervention by the state Commissioner of Police, CP Olugbenga Adepoju.
The students had planned to protest on Thursday, citing alleged neglect by the NDDC, particularly in welfare and capacity-building programmes for students from the state. However, after the police intervention, the students agreed to participate in a roundtable discussion with the commission to address their concerns.
NIDSUG leader, Comrade Loveday Njoku, expressed dissatisfaction with the commission’s alleged exclusion of students from benefiting from its programmes. He presented a seven-point demand, including the reintroduction of scholarships for undergraduate and postgraduate students. Njoku emphasised that education is crucial for community development and urged the commission to invest in the future leaders of the state.
The students warned that if their demands are not met, they will resume the protest and occupy the state commission office until their demands are addressed. Despite previous attempts to reach out to the commission’s management team, the students claimed their efforts were unsuccessful.

By: Akujobi Amadi

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Education

Administrator Inspects School

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As part of efforts to improve the welfare and overall quality of education for students in Obio/Akpor Local Government Area, the Sole Administrator, Sir (Dr.) Clifford Ndu Walter DSSRS, FCAI, JP, paid an unscheduled visit to Universal Primary School, Rumukwurusi.
During the visit, Sir Walter expressed deep concern over the deplorable state of the school and its surrounding environment. He reaffirmed his administration’s commitment to the development of the education sector, stressing its critical role in nation-building.
“I have visited the primary school in Ogbogoro, and now I’m here at the Universal Primary School, Rumukwurusi. I am not satisfied with what I’ve seen,” he stated, indicating that more surprise visits to schools would follow.
To address the issues, the Sole Administrator directed the Council Engineer to commence process for rehabilitation of the school.
The visit was part of a broader initiative aimed at conducting on-the-spot assessments of educational facilities to determine the level of intervention required by the local government council.
Dr. Walter also assured the teachers of his unwavering commitment to revamp the school and improve the learning environment for both staff and students.

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