…As Participants Commend Prengosh Mgt Consult
BY DANIEL EGWAHOR
THE Delta State Ministry of Finance in partnership with Prengosh Management Consult has trained prospective retirees in the ministry on strategic planning, savings and various investment portfolios that would guarantee their financial stability and healthy lifestyles as they look forward to retirement from service.
The Delta State Commissioner for Finance, Chief Fidelis Tilije who was represented by the Functioning Permanent Secretary in the ministry,
while declaring the two-day workshop open thanked the participants for their efforts in serving the state over the years, adding that this made it necessary to partner with Prengosh Mgt Consult to train them on tested ways to secure their future through a well-packaged workshop on good work ethics, financial management and the dynamics of healthy living.
He expressed gratitude to Delta State Governor, Rt. Hon. Sheriff Oborevwori for making human capital development, especially training and retraining of civil servants one of the cardinal focus of the MORE Agenda. To the would-be retirees, he urged them to be attentive to the trainers and imbibe the knowledge taught as these are tested ways of guaranteeing one’s financial future.
Engr. Solomon Eneluwe, the Chairman of Prengosh Nig limited , elicited excitement among participants as he grilled them in one of the lectures on process of creating a retirement plan, ways to make long-term financial goals and then as well as taking action to reach those goals.
According to the financial management expert, the process could begin any time during one’s working years, “but the earlier the better”, he said.
He further revealed that the planning process starts by identifying one’s income sources, taking stock and managing expenses, being prudent and living within one’s means, putting a savings plan and pension scheme into effect, and managing assets and investments.
Furthermore, he stated that the measures for avoiding a life of anguish as a pensioner include taking stock of financial position and social standing, reviewing daily expenses, investment awareness, prioritizing retirement comfort as well as developing physical and mental wellness.
The management guru also exposed the participants to investment portfolios researched by the consulting firm, including agro-allied ventures and Small and Medium scale enterprises (SMEs) of choice that they could engage in during and after service for a sound financial standing. The lectures dwelt on hands-on, practical approach to snail farming, fish farming, cassava and garri production, gas vending and sundry areas.
In his closing remarks, the operations manager of the firm, Engr. Emmanuel Chiedozie thanked the state government and the ministry for the opportunity accorded Prengosh Mgt consult to train its workers.
He further appreciated the participants for their keen interest and cooperation during the lecture series. He added that subsequent trainings would focus on officers of all salary grade levels in various MDAs.
