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The Chief Executive Officer and President of Erisco Foods Limited, Dr Eric Umeofia, has announced a cash gift of N2.5m to the best candidate in the 2023 Unified Tertiary Matriculation Examination, UTME.
He added, “I am also doing this not because I have a lot, but because my father taught me that giving is the answer to long life and happiness.
“As this young girl has done well, we want other young ladies to do the same and reduce this country’s problem. The youths are our only hope in this country.
“I am happy that out of the 1.6 million students that sat the examination, she came first. My heart is gladdened. I am particularly happy because she came from Amish town, Nnewi South Local Government Area of Anambra State. Amish town was where the civil war ended, where (former president Olusegun) Obasanjo took the surrender of Biafra; that means we are a peace-loving town. People like me and this girl are projecting our village in good light. If we as parents have suffered to send our kids to school, they have to do something to make us happy.”
The businessman, who has a foundation with which he reportedly supports over 100 students on scholarships, said he had spent over N500m in grants to people with business ideas, adding that his action was to support the economy.
