More than 200 residents of Abia South Senatorial District have benefited from a four-day entrepreneurship training program facilitated by Senator Enyinnaya Abaribe.
The workshop, held at Nobik International Event Centre, Aba, was organized by the Citizenship and Leadership Training Centre in partnership with ARIF Global Resources Limited as part of the senator’s 2024 constituency capital project.
Delivering a session on “Sales and Marketing,” Dr. Emmanuel Ochalifu, a data analyst and value chain expert with ARIF Global Resources Limited, described sales as the exchange of goods and services for value, while marketing involves identifying and satisfying customer needs profitably. He stressed the synergy between the two and highlighted referrals as a proven method for increasing profits.
Senator Enyinnaya Abaribe
Speaking on Entrepreneurship Risks and Resilience, Mr. Monday Kurah, Head of Procurement at the Citizenship and Leadership Training Centre under the Federal Ministry of Youth and Sports Development, encouraged participants to be innovative, take calculated risks, and pursue opportunities that drive business growth.
On “Banking and Finance,” Mr. Abiodun Oyebanjo, another ARIF Global resource expert, underscored the role of financial institutions in funding, cash flow management, and investments. He also outlined the five core principles of credit assessment—character, capacity, capital, collateral, and conditions.
Cross section of the Officials at the Event. Mrs. Toyin Susan Olahinro MD ARIF GLOBAL RESOURCES LIMITED(far left), Mr. Monday Kurah (left), Dr. Emmanuel Ochalifu (centre), Mr. Emeka Waribo (right), Mr. Abiodun Oyebanjo (3rd right) and others.
Addressing Tax compliance, Mrs. Toyin S. Olahinro, Managing Director of ARIF Global Resources Limited, urged entrepreneurs to meet their tax obligations. She outlined the major categories, including Value Added Tax (VAT), Company Income Tax (CIT), Personal Income Tax (PIT), and Pay-As-You-Earn (PAYE), while advising participants to maintain proper records for accountability.
Liaison Officer for Abia South Senatorial District, Mr. Emeka Waribo, noted that the program was specifically tailored for SMEs, stressing that knowledge gained should be applied to improve turnover and business sustainability.
Presentation of certificates to participant(s)
The workshop covered eight modules: business feasibility study, business needs assessment, business registration and compliance, sales and marketing, record keeping, banking and finance, tax compliance, and business planning.
Dignitaries present included Mrs. Olahinro, Dr. Ochalifu, Mr. Oyebanjo, and Mr. Kurah with his team from the Citizenship and Leadership Training Centre.
