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Life Beer Gives Additional N3m Grant to 12 Entrepreneurs

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Life Continental Beer, a brand under the stables of Nigeria Breweries, has given additional N3million cash grant to 12 young entrepreneurs within the South-East to boost their business ideas.

 

It would be recalled that Life Beer had earlier given out N3million to 12 young entrepreneurs in its on-going “Life Continental Beer Progress Booster Radio Project’’ about a month ago.

The Head of Brewery, Ama, Mr Abiodun Ajayi, told newsmen last week that the brand had earmarked N14.5 million grant to boost 50 young entrepreneurs, who reside and hail from Abia, Anambra, Ebonyi, Enugu and Imo.

The 12 second set of winners are: Mr Ekenne Okpadile (Anambra), proposal on domestic and commercial cleaning services; Mr Uzochukwu Okwor (Enugu), proposal on Photography; Mr Onyinye Onyedika-Orizu (Anambra), proposal on DJ Turn-Table and Miss Miracle Akagha (Abia), proposal on mobile small fries.

Others are: Miss Chinwe Ottor (Anambra), proposal on giant snail farming; Mr Maxwell Madubuike (Enugu), proposal on palm oil production; Mr Christian Udeh (Anambra), proposal for paint making and Mrs Chinwendu Nwoye (Anambra), proposal on fashion designing.

The rest include: Miss Ngozi Ogboh (Anambra), proposal on shoe making; Mr Prosper Nduba (Enugu), proposal on soya milk production; Mr Solomon Agabaenwere (Anambra), proposal on commercial tricycle operation and Mr Chukwuemeka Etummu (Anambra), proposal for garment making for wholesale.

Handling over the cheque of N250,000 to each of the 12 winners in Nigeria Breweries, Ama, Enugu; Ajayi urged the winners to ensure that their investment is yielding enough returns to make become employers of labour.

“With this, life has supported 24 talents since the commencement of the programme in May and 26 more to go.

“These young entrepreneurs whose business ideas have been adjudged worthy of Life Progress Booster prizes will each receive N250,000 grant to bring their business ideas to life.

“As you receive these cash grants today, we expect you to succeed in the business line you have chosen. Make judicious investment of the money given you and ensure that your investment is yielding returns and your business capable of making you an employer of labour as you trudge on in your business journey.

“If you succeed in taking your business idea to the next desirable level, you stand a chance of going further to win more money (additional N250,000 to be won each by eight winners). The panel of experts that assessed and judged your business proposals will be monitoring your progress and they will be there to mentor and provide valuable advice when necessary,’’ Ajayi said.

He however emphasized that budding entrepreneur, whose business proposals would be considered, must have a workable business idea, be from the South-East extract, reside in the zone and attained 18 years.

It would be recalled that Life Continental beer in June was awarded Gold in the prestigious Monde International Quality Award 2015; while “the award reinforces that Life beer is a high quality beer and has been recognized internationally with the award of a Gold medal for quality’’.

One of the winners, Mrs Chinwendu Nwoye (Anambra), whose business proposal is fashion designing, said that the grant would enable her buy cloth designing machines and have a good layout display stand in her shop in Awka, Anambra State.

“It would go a long way to assist me stock the latest fashion designing machines; which would make my production more appealing, automated and meet the needs of my individual and corporate customers especially UNIZIK students,’’ Nwoye said.

Another winner, Mr Maxwell Madubuike (Enugu), whose business proposal is on palm oil production, said that the grant would enable him stock more palm fonts and buy latest machines for the business in order to produce more and check wastage.

Captions:

Pictures of 12 additional winners getting N250,000 each in the on-going Life Continental Beer’s Progress Booster Radio Show. The presentation was done at Nigeria Breweries, Ama in Enugu State on Friday.

The programme is meant to empower 50 budding entrepreneurs within the South-East before the end of the year.

Winners – 7: Female winners among the 12 winners in a group photograph. (from left to right) Miss Chinwe Ottor; Miss Miracle Akagha; Mrs Chinwendu Nwoye and Miss Ngozi Ogboh.

Winners – 8: A set of six winners in a photograph. (from right to left) Mr Maxwell Madubuike; Mr Prosper Nduba; Miss Miracle Akagha; Miss Chinwe Ottor; Mr Chukwuemeka Etummu and Mr Ekenne Okpadile,

Winners – 9: A set of six winners in a photograph. (from right to left) Mr Uzochukwu Okwor; Mr Solomon Agabaenwere; Miss Ngozi Ogboh; Mrs Chinwendu Nwoye; Mr Christain Udeh and Mr Onyinye Onyedika.

Winners – 10: The winners, Nigeria Breweries top management staff and the panelists in the conference hall of Nigeria Breweries Ama in Enugu.

Winners – 11: A cross section of the winners at the conference hall while being oriented in Igbo language on the need to succeed in the programme by Nigeria Breweries Regional Business Manager, Enugu, Mr Obiora Okolo.

Winners – 12: The winners having a field time with Life Continental Lager Beer (Gold winner in the prestigious Monde International Quality Award 2015).

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Oando Clean Energy, Cross River State, Sign MoU on Renewable Energy Infrastructure

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Oando Clean Energy (OCEL),  the renewable energy business subsidiary of Oando Energy Resources and the Cross River State Government have  signed a memorandum of understanding (MoU) for the rollout of electric vehicles for mass transportation within the state at the ongoing 28th edition Conference of the Parties (COP28) in Dubai, United Arab Emirates (UAE).

The move in setting up an electric vehicle (EV) assembly plant, is expected to create jobs for local indigenes as well as build a 100MW wind plant for power generation.

Representing the Governor of Cross River State, Bassey Otu at the MoU signing was the state’s Commissioner for Special Duties, Oden Ewa, saying the landmark agreement marked a significant step forward in the state’s journey toward a cleaner and more sustainable future. He said: “The MoU paves the way for the transitioning of our mass transit system to cleaner and less expensive fuels while also allowing for the use of our natural resource, wind, to provide electrification for our people.

“I commend Oando Clean Energy for their innovative solutions that address the impact of climate change in Nigeria and her citizens.”

According to Oando , it said,  as  a company, it has committed to ensuring that this journey to a cleaner and more sustainable energy future is as seamless and as easy as possible.

“This is by putting our confidence in, not only the technology but the partnership and ensuring that the Cross River State government and her people reap the benefits of generating power from sustainable sources”. The statement read.

Oando’s Clean Energy’s scope spans the entire 35 states of the federation and the federal capital, promising to create a cleaner, more viable energy ecosystem for Nigeria and the  people of Cross River.

In attendance at the side event were amongst others, Minister of Niger Delta Affairs, Abubakar Momoh;  Minister of the Environment, Abbas Balarabe;  Minister of State for Environment, Dr. Kunle Salako; Commissioner for Special Duties, Cross River State, Mr. Oden Ewa, among others.

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House Of Representatives Issues Warrant Of Arrest On Central Bank Governor, Cardoso, Accountant-General, 17 Others

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The House of Representatives’ Committee on Public Petitions has asked for a warrant of arrest to be issued on the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, the Accountant-General of the Federation (AGF), Oluwatoyin Madein, and 17 others over refusal to appear before it to answer questions on their operations.

It was gathered that the issuance of the arrest warrant was sequel to the adoption of a motion moved by Fred Agbedi, representing Ekeremo/Sagbama Federal Constituency of Bayelsa State on the platform of the Peoples Democratic Party (PDP) at the committee’s hearing on Tuesday.

Agbedi, while moving the motion, said that the arrest warrant had become imperative following the attitude of the invitees, adding that the parliament worked with time and the CEOs had been invited four times but failed to respond to the invitations.

Agbedi said that the CBN Governor, the AGF and the rest of the invitees should be brought to appear before the committee by the Inspector General of Police through a warrant of arrest after due diligence by the House Speaker, Rep Tajudeen Abbas.

The Chairman of the Committee, Micheal Irom (APC-Cross River), in his ruling said that the Inspector-General of Police should ensure the invitees were brought before the committee on December 14.
It was gathered that the petitioner, Fidelis Uzowanem, had earlier said that the petition was anchored on the Nigeria Extractive Industries Transparency Initiative (NEITI) 2021 report.

Irom said, “We took up the challenge to examine the report and discovered that what NEITI put together as a report is only consolidation of fraud that has been going on in the oil and gas industry.

“It dates back to 2016 because we have been following and we put up a petition to this committee to examine what has happened.

“The 2024 budget of 27.5 trillion that has been proposed can be confidently funded from the recoverable amount that we identified in the NEITI report.

“It is basically a concealment of illegal transactions that took place in NNPCL; they have been in a sink with some oil companies where some companies that did not produce crude were paid cash core, an amount paid for crude oil production.”

 

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FCTA uncovers illegal oil refining warehouse in Abuja

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In continuation of the city cleaning exercise, Authorities of the Federal Capital Territory Administration (FCTA) with operatives of security personnel have uncovered an illegal oil refining warehouse in Mabushi, opposite Mobile filling station on Ahmadu Bello way in Abuja.

 

The Director, Department of Development Control, FCTA, Mukhtar Galadima after the operation on Thursday, said the illegal refining site was discovered during the continuation of the city cleaning exercise.

 

According to him, about three to four plot of lands designated for commercial purposes have been converted to an area where oil and diesel are being adulterated and circulated to other parts of the city.

 

Galadima explained that the city sanitation task force will look into the provision of the law and make necessary recommendations to the FCT Administration for further actions on the plots used for the activity.

 

He said there was no arrest but the items used in carrying out the illegal refining have been impounded.

 

Galadima said, “During the continuation of our city sanitation exercise in Mabushi opposite Mobile filling station on Ahmadu way, we discovered an illegal refining site where oil and diesel are being adulterated, we have done the needful by moving the items to Nigerian Security and Civil Defence Corps.

 

“From what we have seen so far, about three or four pilot of lands designated for commercial purposes have been converted to unapproved activities, which we believe the owners are fully aware, there will be consequences.

 

“We are going to look at the provision of the law and make necessary recommendations to the FCT Administration”

 

He said the administration will continue to go tough on activities being carried out without government approval,  especially revocation of the titles.

 

Collaborating, Head, operations FCT Directorate of Road Traffic Service (DRTS), Deborah Osho said the city management team during the exercise also discovered that most of the areas in the Nation’s capital have been converted to illegal car mart and motor parks.

 

She disclosed that fifteen vehicles have so far been impounded since the operation commenced about two days.

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