Featured Government

Onitsha economic empowerment: lifting the poor in Onitsha out of poverty, set for takeoff

Arrangements have been finalised for takeoff of an Onitsha Economic Empowerment Programme.

The programme, which was recently announced by Igwe Nnaemeka Achebe, the Obi of Onitsha, is part of a strategy for medium to long term sustainable interventions in the fight against the COVID-19 pandemic and its aftermath.

A statement released from Ime Obi, Onitsha noted that the Implementation would be under the auspices of the Onitsha Advancement Foundation (OnAF), an incorporated entity promoted by the Onitsha Traditional Council.

“The OnAF has been restructured with an expanded Board of Directors, made up of part-time members, all highly experienced, hardworking and dedicated Onitsha indigenes.’’

The Advisory Board comprised members of the Onitsha Traditional Council and constituent groups; and Workgroups of Onitsha professionals focused on implementing specific aspects of the Economic Empowerment Programme.

It notes that Igwe Achebe acknowledges the efforts made in conceptualising the programme stating: “this exercise has called for substantial hard work as we progress from the Onitsha Community COVID-19 Response Programme (OCCRT), which focuses on education and enlightenment.

The statement notes, the exercise includes the distribution of palliatives, face masks and sanitisers, to the Economic Empowerment Study Panel (EESP).

It also addresses the medium to long term economic and social consequences of COVID-19 on the community, and now the Onitsha foundation’s interventions, which we are embarking upon to implement the outcomes of the EESP.

The statement adds: “there is more hard work ahead, and I plead that we do not relent since we can now clearly see the great possibilities that lie ahead as we work toward lifting the poor in Onitsha out of poverty.

“Three initiatives spanning business learning, technological skills acquisition, and financial intermediation will serve as the arrowhead of the Economic Empowerment Programme.

“These are the Onitsha Leadership and Entrepreneurship Centre (OLEC); (Onicha) Ado Business Incubation Centre (ABIC), and a Microfinance Institution/Microfinance Bank (MFI/MFB).

According to the statement, OLEC will focus on creating passion for learning about businesses, and how to create and grow small businesses.

“The OLEC workgroup is led by Prof Alex Ike Ikeme, teacher, coach, facilitator and mentor with not less than three decades of experience in entrepreneurship development studies and practice.

“ABIC will serve as a catalyst tool to help new technology start-ups to grow and develop, including helping to accelerate and make optimum use of incubator resources.’’

The statement added that Mr Charles Uchenna Emembolu, an information technology architecture expert would lead for the ABIC workgroup.

“The MFI/MFB will offer financial resources to low/medium income populations, in addition to targeting financial services at self-employed, micro and small businesses generally overlooked in the society.’’

The statement also said that Mr Nnamdi Anammah, a financial expert with a track record covering commercial banking, corporate finance and stock broking would lead the MFI/MFB workgroup.

“It is also planned to establish a health and well-being workgroup that will determine the modalities for a community’s basic healthcare programme.’’

It then added that a values reorientation campaign would be set up as a critical enabler for the Economic Empowerment Programme.

“The campaign is designed to drive a new work/study/life ethic for Onitsha indigenes, which is in tune with the times and able to power a rebirth of thrift, industry, achievement and pride on a global scale.

“The campaign will also prepare a significant number of persons from the community with vital foundational principles to key into and avail themselves of other elements of the Economic Empowerment Programme.

“This initiative will be led by Mr Nn’emeka Maduegbuna, a Communications Consultant, who brings three decades plus of experience in strategic communications planning, corporate positioning and reputation management.’’

According to the statement it has been conceptualised by a panel of Onitsha experts, who have been charged by Igwe Achebe, to map out strategies to support the struggling and budding entrepreneurs in our domain in weathering the COVID-19 storm.

The Economic Empowerment Programme builds on a broad-based 2017 project with the theme: “Take Onicha Ado N’Idu to the Next Level’’, which explores developmental and repositioning needs of the ancient kingdom. (MOI)

By Tony Nezianya

  1. Keto Vibe 3 years ago

    Hi, Neat post. There’s an issue together with your website in internet explorer, may test this…
    IE still is the marketplace leader and a good component of people will leave out your great writing because of this problem.

    Feel free to visit my website – Keto Vibe

  2. Exit Login 2 years ago

    I simply wanted to thank you once again for that amazing website you have developed here.
    It really is full of ideas for those who are definitely
    interested in this particular subject, particularly this very post.

    Your all actually sweet in addition to thoughtful of others plus reading your website posts is a wonderful
    delight in my experience. And such a generous gift!

    Ben and I really have enjoyment making use of your ideas
    in what we must do in a month’s time. Our collection of ideas is
    a distance long which means your tips are going to be put to very good use.

    Feel free to visit my web site; Exit Login

  3. bsa scopes 2 years ago

    Hello.This article was really motivating, particularly since I
    was investigating for thoughts on this topic last couple of days.

    Here is my page: bsa scopes

  4. Jasper Sirosky 2 years ago

    Nice article, I would love to visit the city

Leave a Comment

Your email address will not be published.

You may also like

Business Economy News Technology Technology Trends Telecoms

COURE Celebrates 25 years of Providing Innovative Digital Solutions



COURE Software & Systems Limited (“COURE”), an indigenous information technology (IT) firm located in Lagos, will be marking 25 years of existence, 15 of which have been spent deploying IT solutions and services in Nigeria and other African countries. From telecoms to financial to the public sector, the company has made tremendous strides in various sectors of the economy.

Speaking to the media, COURE’s CEO, Uche Onwudiwe described the company as, “a platform services provider with a focus on the provision of accurate, secure and relevant data to improve its clients’ business processes and operations.” He reflected on the journey so far, noting that the company “started out in the US in 1998 at a time when the internet and modern technology, as we know it, were taking off. At that time, we were focused on networking and physical systems integration.”

                    <span class= Read More

Announcements Business Economy Fintech Gadgets Technology Technology Trends

Morocco unites global tech community’s commitment to advancing African digital economy at momentous GITEX Africa launch




Debut of Africa’s largest tech and start-up show to welcome 900 companies to explore, discover, and connect to real opportunities in world’s rising digital economy


H.E Dr Ghita Mezzour: “We’re witnessing a historic event, the largest tech networking and business event in the African continent”



Morocco will centre the global tech community’s attention on Africa’s united commitment to advancing the digital economy next week, converging the best minds from governments, businesses, big tech, start-ups, investors and youths to accelerate and catalyse the continent’s ambitious digital transformation journey. 


GITEX Africa 2023, now the largest tech and start-up show in the African continent, will make its highly anticipated debut from 31 May-2 June, with the final preparations underway across ten halls and 45,000sqm of exhibition space in a purpose-built super venue at Place…

Read More
Business News Opinion

African growth potential in a polycrisis world


The global economy faces a perfect storm of stubborn inflation, high interest rates in key economies, trade wars, supply chain difficulties and fallout from the Ukraine crisis which has heightened geopolitical risks. This is having a big impact on emerging and developing market economies, including African economies in the form of fuelling price rises, constrained trade volumes, reduced access to capital markets and food supply problems. African economies as a whole will slightly outperform the global economy this year, with most enjoying higher levels of growth than in 2022.


Published by African Export-Import Bank (Afreximbank) the Africa’s 2023 Growth Prospects: Securing growth resilience in a ‘polycrisis’ world report highlights the various factors that are currently plaguing the global economy: stubbornly high inflation, U.S. and Chinese trade and tech wars,  geopolitical tensions and supply chain problems. Following a strong economic recovery from the height of the Covid-19 pandemic, global growth of 3.4% in 2022…

Read More
Business Environment Opinion Software

Liquid Dataport and Viasat sign Memorandum of Understanding (MoU) to improve connectivity services for business and consumers in West Africa


Liquid Dataport, a business of Liquid Intelligent Technologies (Liquid) (https://www.Liquid.tech/), a pan-African technology group, and Viasat (NASDAQ: VSAT), a global communications company, today announced the signing of a Memorandum of Understanding (MOU) to engage in business-to-business (B2B) and business-to-consumer (B2C) service opportunities across West Africa.


Liquid and Viasat intend to focus on the potential commercialisation and distribution of satellite broadband to reduce internet connectivity costs and improve data connections across the region. Under the terms of the MOU, Liquid Dataport will offer Viasat’s connectivity services working through local partners.

As a part of Viasat’s expansion into Africa, the Company’s next-generation ViaSat-3 satellite constellation is expected to deliver connectivity services to Europe, The Middle East, and Africa (EMEA).

The reduced costs for connectivity is good news for our enterprise customers businesses

“Liquid Dataport is delighted to announce our collaboration with Viasat, and we believe there will be…

Read More
Business Economy International

Africa Investment Forum showcases $1.475 billion in green and renewable energy deals at African Development Bank 2023 Annual Meetings


The Africa Investment Forum presented four renewable energy and sustainability projects worth nearly $1.5 billion to investors on the sidelines of the African Development Bank Group’s (www.AfDB.org) 2023 Annual Meetings.


The curated projects, which are drawn from all of Africa’s regions, are sourced from the Africa Investment Forum’s pipeline. They reflect gathering urgency in Africa, the world’s most vulnerable region to climate change, to accelerate climate action, including closing financing gaps by securing an ever-increasing share of global capital for the continent.

The African Development Bank’s 2023 Annual Meetings are being held under the theme, Mobilizing Private Sector Financing for Climate and Green Growth in Africa.

The investment roundtable, held in Sharm El Sheikh, attracted a range of private investors, including venture capital and private equity firms.

From hydropower to plastic recycling green projects showcase ample opportunities on the continent

The transactions included a hybrid hydrogen feedstock/ ammonia project in…

Read More
Business Economy Environment

HINEN Unveils “Bring the Sunshine at Night” Energy Solution at Solar Africa Expo 2023


The Solar Africa Expo 2023 ended perfectly. HINEN (www.Hinen.com) achieved great success at the exhibition with the innovative concept “Bring the Sunshine at Night”, generating the sunshine and storing it in the battery system in the daytime, then outputting solar power at night.


During the exhibition, what drew people’s great attention was HINEN’s 3000W Portable Power Station PS3000

During the exhibition, what drew people’s great attention was HINEN’s 3000W Portable Power Station PS3000, which could totally replace small diesel generator sets, the savour for home users and small business owners.

As a whole-chain energy storage company, HINEN also showcased its latest solar energy solutions, which included LiFePO4 battery cell production and recycling, small storage systems, home battery systems, and C&I storage systems.


HINEN is actively establishing relationships with distributors and partners in Kenya, South Africa, and Nigeria to expand the practicality and impact of its energy…

Read More
Business Economy Investments Security Society

Spyware attacks on organisations in South Africa, Kenya and Nigeria increased in Q1 2023


As discussed during the recent Kaspersky Cyber Security Weekend – META 2023 (www.Kaspersky.co.za), for the first quarter of 2023 (Q1 2023) the share of users attacked1 with spyware in South Africa, Kenya and Nigeria increased steadily. Kaspersky recorded an increase of 18,8% in South Africa, 12,9% in Kenya, and 14,6% in Nigeria from Q4 2022 to Q1 2023. Spyware continues to be a threat to users of different types of devices, including thin clients.


Thin clients are used in corporate networks around the world to set up workspaces at a much lower cost than when using traditional laptop or desktop computers (thick clients). A thin client on a traditional operating system (OS), Linux or Windows-based, could potentially be targeted by different types of attacks, including spyware. A compromised thin client could serve as an entry point to the corporate network, and it could be used to…

Read More

Microsoft Airband to Connect nearly 40 Million People across Latin America and Africa (By Vickie Robinson)


By Vickie Robinson, GM, Microsoft Airband Initiative (https://www.Microsoft.com)


Today, we’re announcing new and expanded Airband partnerships set to provide high-speed internet access to nearly 40 million people across Latin America and Africa. These partnerships in Brazil, Chile, Colombia, Guatemala and Cote d’Ivoire, Kenya, Nigeria, Tanzania and Uganda mark significant progress in our commitment to extend high-speed internet access to 250 million people living in unserved and underserved areas around the world, including 100 million in Africa.


Across both Latin America and Africa, limited access to broadband can mean that people have fewer opportunities to develop the digital fluency and skills needed to participate in the digital economy.


At Microsoft, we believe that internet access and meaningful connectivity is a fundamental right. The Microsoft Airband initiative was launched to bring transformative connectivity to unserved and underserved communities around the world. Through the Airband initiative and its partners, Microsoft is…

Read More