We believe in giving people a second chance through financial education, starting with foundational concepts that foster a language of financial literacy and self-sufficiency
An Ebonyi-born industrialist, Architect Edward Nkwegu, has lamented the worsening socio-economic situation across the globe and predicted that defendants on government’s aid would soon lose their financial stability and self-worth.
The founder of the Regina Pacis Foundation disclosed that: “Our world is rife with financial, security, environmental, employment emergencies and even spiritual crises.”
Nkwegu who made this known yesterday during the 20th Anniversary of the Regina Pacis Foundation at his Okpoduma Agbaja country home in the Izzi local government area of Ebonyi State, said the ugly development has not only weakened the basic structures of survival but also badly affected the ethical society.
Proffering a permanent solution to the challenges posing threats to the basic structures of survival, Nkwegu urged all and sundry to embrace the spirit of self-sustenance and resilience to overcome the global socio-economic turbulence.
“The question we must ask ourselves is who will emerge from this economic turbulence with resilience? Who will rise to the challenges of self-sustenance?”
He described self-sustenance as one of life’s greatest challenges; a journey that involves a cause-and-effect relationship; noting that anybody who desires financial freedom should embrace the spirits of dedication, sacrifice, and selflessness.
Nkwegu further described the Regina Pacis Foundation as a charitable and non-governmental organization dedicated to empowering individuals with the knowledge needed for self-sustenance.
“We believe in giving people a second chance through financial education, starting with foundational concepts that foster a language of financial literacy and self-sufficiency,” he said.
He advised people to take cognizance of financial principles, including cash flow and assets.
“At Regina Pacis Foundation, we recognize the need for a reformed education system that prepares our youth for real-world challenges. Instead of giving a man fish, we teach him how to fish, empowering him for a lifetime,” he said.
The foundation’s chairman, Board of Trustees, Rev Fr John-Paul Uchenna Nwankwo said the organization remains determined to make the world a better place, noting that it has made remarkable achievements in human capacity building and empowerment, among other positive impacts.