News
Economic hardship: Financial expert proffers alternative of digital shares to boost income
By Omolola Dede Adeyanju
A financial expert Dr. Favour Sunano has urged Nigerians to purchase digital shares that can be transferred to tenable cash all around the world as a means of empowering themselves amidst the biting economic hardship.
Dr Favour who is also the Managing Director of Blockchain Global Resources Ltd made this known at the company’s Multi Stream Business Summit held in Lagos.
Speaking, Dr Favour said he has embarked on a project to ensure multiple streams of income for people at various stages and levels of life.
Dr. Favour Sunano further examined the three passive income streams that cannot be ignored, namely; ‘Invest, Cashback and Share.’
He explained that as technology takes a larger space in the globe, with a smartphone investments can be made to purchase digital shares that can be transferred to tenable cash all around the world.
The cryptocurrency expert submitted “The Summer season of an individual life is from the age of 18 to 50, hence, from the age of 70 to 120 is a winter season of life when life becomes colder.”
Dr Favour emphasised the necessity of digital shares which can be bought with ‘Ultima’, a cryptocurrency.
He enumerated that in an economy where dollars determines the rate and prices of commodities, it is expedient to convert local currency to digital dollars (USDT).
Meanwhile, one of the program facilitators at the Summit, Hon. Imafidon spoke as regards finance and economy. He said, “Making money is a project and every other project is accrued to money. If you don’t work on your money project, every other project will be delayed.”
Mr Imafidon enumerated the three dimension Income streams which are: one time income such as the salary or a sale of ones landed properties; the once and always income, which is set up once and continuously generates more money; lastly he mentioned the free flow which is money that is self-generating without stress. This, he likened to the Ultima cryptocurrency, and urged everyone to take advantage of the investment opportunity.
News
Banditry: Idris vows to sign death warrant of convicted informants
News
‘Establishment of criminality’ did not allow INEC server work – Peter Obi
Former presidential candidate of the Labour Party, LP, Mr Peter Obi, said it was the ‘establishment of criminality’ that made the Independent National Electoral Commission, INEC, servers not work during the last presidential election.
Obi, who insisted that the people must one day make it to work, explained that Amazon testified there were no glitches recorded globally on the day of the presidential election.
The former Anambra State governor made the statement on Friday in Canada while addressing the issues about the last general election, including IREV servers.
DAILY POST reports that the LP presidential candidate was in Canada for a “thank you” tour to appreciate Nigerians living in the country for their support offered him during the 2023 campaign/ general elections.
He said: “Where did we go wrong in the last election? We didn’t go wrong anywhere. We did the right things. But as I can always tell people: when you bring a change, you fight all those who live off the old order. They don’t go away; they gang up. And don’t think it’s a straight race to remove an establishment. It’s a long-distance journey anywhere in the world. Go and check anywhere, whether you are looking at what happened in India, with Mandela in South Africa, or America. No change has happened overnight, it takes time. I urge all of you, if you really want change, we have just begun. We just have to continue from where we are.
“Yes, there might be one or two things we will correct, those things we will correct. I assure you we are correcting them without naming them.
It’s not going to be easy.
“The INEC server was the same as the establishment. The server would not work because it was the establishment that made it so it wouldn’t work. It’s ours to continue to say that it would work. But there was no glitch. Amazon came and said there was no glitch. Amazon glitch is noticed globally – it’s recorded globally. And at that period, we brought down an Amazon person who said this is the number of glitches we have had since inception. And there was none that it reported that day. We know it didn’t occur. It was the glitch of the establishment criminality that was in the system. And we must one day make it work.”
News
Special agro-industrial project will create jobs for 200,000 persons in Anambra – AFDB
Dr Chuma Ezedinma, Agricultural Economist at African Development Bank (AFDB), says the Special Agro-Industrial Processing Zone programme (SAPZ), will create jobs for no fewer than 200,000 residents in Anambra.
Ezedinma spoke with newsmen on the sidelines of a meeting tagged “Preparation Mission for the Development of the second phase of SPAZ programme” on Saturday in Anambra.
The meeting on the SPAZ-2 programme had officials from the Federal Ministries of Finance, Agriculture and Food Safety, AFDB, and the Anambra State Government.
According to him, AFDB is very much interested in what is happening in the state because Anambra’s presentation on the SPAZ project is the best seen so far, and shows the state’s readiness to run.
“From what we have seen, about 450 hectres of land will be dedicated to the industrial site.
“We are looking at approximately 5,000 farm families per zone. Multiply it by three zones, you have 15,000 farm families in the state.
“If you also add other secondary jobs that will be created in the park itself, you will see that we are creating real massive employment for more than 200,000 people over the next five years.
“The state government had already committed resources to put infrastructure in place and there is also a private sector interest to deliver this programme within a very short time,” he said.
Also speaking, Dr Louis Enaberue from the Federal Ministry of Agriculture and Food Security, commended Anambra State Government for its preparedness for the phase two of the SAPZ programme.
“What we saw in Anambra’s presentation shows they are ready for the phase two of SPAZ and I hope and pray they meet the grade.
“The state government is expected to pay 50 per cent counterpart fund, provide the land and other infrastructure for the project, and they are already working towards achieving them,” he said.
Similarly, Dr Forster Ihejiofor, the state’s Commissioner for Agriculture, said that the state’s Investment Promotion and Protection Agency, and the Ministry of Industry were working tirelessly to ensure that the SPAZ project was ready to go in Anambra.
“Clearly, we are ready because this project will transform agriculture in the state as it will increase farmers’ incomes, foster job creation and enhance food security in the state and country at large,” Ihejiofor said.
The delegation visited the three proposed sites for the SPAZ-2 project in Ayamelum, Ogboji in Orumba South and Ufuma in Orumba North Local Government Areas of the state.
-
capital market2 years ago
Rt.briscoe, FBNH, Others halts negative performance of stock market
-
Finance3 months ago
Court orders Sen. Victor Umeh to repay N136m bank debt to AMCON
-
Abuja Update2 months ago
UNDP, FG partnership needed to achieve inclusion, equity- Minister
-
Abuja Update1 month ago
Banks drive stock market performance with N147bn gain
-
Business2 weeks ago
Tingo Group unveils Tingo Electric, Tingo Cola drink at Lagos launch
-
Health3 weeks ago
Capacity training will reduce migration of health workers- NPHCDA
-
News4 months ago
Oil thieves sponsoring malicious media campaign against Navy – Spokesman
-
Infotech1 month ago
World Backup Day: NITDA urges Nigerians to ensure backup of data