Business Hilights
Tracking Nigeria's Headline Business News Online
Happy New Year

Governor Rochas Okorocha explains why he made 305 youths millionaires in Imo

Imo State Governor, Owelle Rochas Okorocha has explained why he chose to empower one youth each from the 305 wards in the state with One Million Naira (N1m) each stating that he did that to encourage the youths to succeed and begin to contribute to the progress and prosperity of the state in particular and the nation at large.

Apart from the deal, the Governor said each of the beneficiaries of the One Million Naira empowerment would soon become a Multi-millionaire and also begin to make others millionaires, explaining that most multi-millionaires in the country today didn’t start with up to one million naira.

The governor spoke while addressing the Youth Millionaires after their cheques were handed over to them at the Government House adding that his dream is to reduce the poverty rate in the state to 5 percent from the current 14 percent although it was 57percent by 2011 when he became governor.

According to him, “I declare myself the grand patron of all the Youth Millionaires. Henceforth, if you encounter problems in running your various businesses you should feel free to consult me by channeling your difficulties through the Chief of Staff. My dream is to make sure that in the next one year your story will change for better”.

A statement issued by his Chief Press Secretary, Mr. Sam Onwuemeodo revealed that the Governor noted that “We have employed ten young graduates from each of the 305 wards totaling 3050. We have empowered ten women in each of the wards with N100,000 also totaling N305million. And today, we have given One Million Naira each to 305 youths. Those in school are enjoying our free education programme. We are determined to give poverty a deadly blow in the state”.

He admonished the beneficiaries, saying “if the government visits you and does not see what you are doing with the money, you will be arrested and put into prison because you are using the money to create bad influence”.