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Enugu Traditional Ruler Empowers 63 Youths with N1m Each

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His Royal Highness, Igwe Samuel Asadu, the Traditional Ruler of Edem-Ani Ogwugwu Community in Nsukka LGA of Enugu State has empowered 63 youths with N1m each to start their chosen businesses.
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Speaking  while presenting cheque to the beneficiaries on Wednesday, Asadu said said the gesture was to build youths as future leaders.

“As the traditional ruler of this community, I am sowing this seed of empowerment on youths because they are future leaders.

“I am very optimistic that in the next 10 years this community will have 63 millionaires and even billionaires that will bring giant developments in the community.

“This is the first phase of this empowerment as more youths in the community will benefit in no distant time by God’s special grace,” he said.

He urged the beneficiaries to ensure that the money was invested for what it was meant for so that others in the community would also benefit from their successes.

The traditional ruler said that the empowerment was part of his transformation agenda that would empower, prepare and equip youths for the future.

“I am empowering our youths to become future millionaires and billionaires to enable them to bring rapid developments in the community.

“To maintain peace, crime and drug-free society, the interest of youths must be put into consideration by empowering them meaningfully and positively.

“I am happy the community has intelligent and well-behaved youths who are determined to be useful for themselves and the society,” Asadu said.

He commended Chief Chidozie Ogbu led Selection and Disbursement Committee for doing a thorough job of selecting the beneficiaries from every part of the community.

Speaking, Ogbu said that the committee selected the beneficiaries based on their viable business proposals presented to the committee.

Ogbu said that the committee would monitor beneficiaries to ensure that the money was well utilized and not diverted to frivolities.

“We will monitor them closely to ensure that the aim of this empowerment is achieved.”

In his remarks, Mr Emeka Ugwoke, the President General, Edem-Ani Town Union, represented by his Deputy, Mrs. Grace Onyishi, lauded the traditional ruler for always having the interest of the community at heart.

“The executives of the town union is excited on these good things courtesy of Igwe Ogadagidi is happening under their watch.

“They ask beneficiaries to ensure that they use the money for what it is meant for so that other members of the community in no distant time will benefit from them”.

Earlier, Mr Kenechukwu Omeje, Youths President, Edem-Ani Ogwugwu Community, commended the traditional ruler for having special interest in empowering youths.

Omeje pledge that the youths would not disappoint the traditional ruler.

“Igwe Asadu has done so much for our community and the youths are happy to have him as our traditional ruler.

“I urge the beneficiaries to be focused in their chosen businesses so as to become millionaires and billionaires in nearest future,” he said.

In an interview , some of the beneficiaries expressed their gratitude and pledged not to disappoint the traditional ruler and community.

They also prayed God to replenish the pocket of Asadu as well as protect him and his family members against all evils (NAN)

NEWS

Gunmen Attack Police Station, Kill 2 in Anambra

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The Police Command in Anambra says gunmen have burnt its station in Umunze, Orumba South Local Government Area, killing two officers.SP Tochukwu Ikenga, the Police Public Relations Officer in the state, announced this in a statement issued in Awka on Monday.He said that the gunmen attacked the police facility with improvised explosives, shooting sporadically, which caused a fire to burn part of the station.

He said further that during the attack, two police operatives on duty were killed when they attempted to resist the gunmen.
Ikenga stated that the bodies of the deceased policemen had been recovered and taken to the morgue.He also noted that joint security forces, including the police, army and navy, among others, had recovered five unexploded improvised explosives.
Ikenga noted that the Commissioner of Police in Anambra, CP Nnaghe Itam, had visited the scene for assessment.He said that Itam called on anyone with information that could assist in the investigation to come forward, assuring then that such information would be treated confidential.(NAN)

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IPPIS Data Base not Compromised, OAGF Assures Employees

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By Tony Obiechina, Abuja

The Office of the Accountant General of the Federation (OAGF) has reiterated the Federal Government’s determination to maintain and operate a secure and efficient personnel and payroll system.In a statement by the Director of Press and Public Relations, Mr Bawa Mokwa on Monday, the OAGF maintained that the Integrated Personal and Payroll Information System (IPPIS) database has not been compromised, assuring that employees personal data on the IPPIS database is safe and secured.

The OAGF, which manages the IPPIS and other financial management initiatives of the Federal Government, said it is already implementing its ICT Security Policy that aims to ensure that its digital assets are secured in line with global best practices.
The Office explained that no data is saved on its website, adding that the IPPIS uses the website to only share information and not for any transaction. “The IPPIS is not using the OAGF website for any transaction. The website is actually the medium to share information. Neither payroll nor payment is made through the website, therefore, no data is contained in the website”, it said. The OAGF stated that the IPPIS validation portal that was recently developed for updates of employees information was deployed for a period and after the exercise was over, the data were pulled out and the site shut down permanently.According to the statement, “the IPPIS Validation Portal was deployed on a secure platform. A secured database and application were purchased from the popular HELIX-FONS.”The Office acknowledged that the IPPIS is of utmost importance to Nigerian workers, thus it became imperative to assuage the fears of any loss or breach of employees personal data in the IPPIS database. The OAGF noted that the IPPIS has put in place necessary mechanism to resolve any problem that may arise in its operations and advised workers that observe anomalies in their salaries to follow the official procedures inorder to get such issues resolved.

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Again, Inflation Drops to 32.15% in August

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By Tony Obiechina, Abuja

Nigeria’s headline inflation dropped to 32.15 percent in August, according to National Bureau of Statistics (NBS) report

The report released on Monday said the inflation eased the second time in 2024 after a 19 month increase that peaked at 34.19 percent in June.

“Looking at the movement, the August 2024 headline inflation
rate showed a decrease of 1.

25% points when compared to the July 2024 headline inflation rate (33.
40).”

It however, said on a year-on-year basis, the headline inflation rate was 6.35 percent points higher compared to the rate recorded in August 2023 (25.80%).

“This shows that the headline inflation rate (year-on-year basis) increased in August 2024 when compared to the same month in the preceding year (i.

e, August 2023).

Furthermore, on a month-on-month basis, the headline inflation rate in August 2024 was 2.22%, which was 0.06% lower than the rate recorded in August 2024 (2.28%).

” This means that in August 2024, the rate of increase in the average price level is lower than the rate of increase in the
average price level in July 2024.”

The report added that food inflation rate in August 2024 was 37.52 percent on a year-on-year basis, which was 8.18% points higher compared to the rate recorded in August 2023 (29.34%).

It said the rise in food inflation
on a year-on-year basis was caused by increases in prices of; “Bread, Maize Grains, Guinea Corn, etc (Bread and Cereals Class), Yam, Irish Potatoes, Water Yam, Cassava Tuber, etc (Potatoes, Yam & Other Tubers Class), Palm Oil, Vegetable, etc (Oil & Fats Class) and
Ovaltine, Milo, Lipton, etc (Coffee, Tea & Cocoa Class).”

But on a month-on-month basis, the food inflation rate in August 2024 was 2.37 percent, a 0.10% decrease compared to the rate recorded in July 2024 (2.47 percent).

“The fall can be attributed to the decline in the rate of increase in the average prices of Tobacco, Tea, Coco, Coffee, Groundnut Oil, Milk, Yam, Irish Potatoes, Water Yam, Cassava Tuber, Palm Oil, Vegetable etc.”

It added that the average annual rate of Food inflation for the twelve months ending August 2024 over the previous twelve-month average was 36.99 percent, which was 11.98 percent points increase from the average annual rate of change recorded in August 2023 (25.01 percent).

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