A fund manager, Norrenberger Asset Management, has begun sensitising the people of the Niger Delta region on the need for self-investment.
To this end, the firm organised an exclusive, specialised session on investment and other financial services tailored to meet the needs of the region’s people yesterday.
The event, titled “Investors’ Breakfast Roundtable Session,” was held in Port Harcourt, the capital of Rivers State.
Speaking to journalists during the event, the managing director of Norrenberger Asset Management, Pabina Yinkere, said the South-South geopolitical zone of the country is of particular interest to the firm.
“South-South is of a particular interest to us. We are one of the fund managers responsible for managing the Host Communities Development Fund. As a result, most of the host communities you are familiar with are located in the Niger Delta.
“So, very soon, we will be starting our office in Bayelsa State so that we can serve the oil-producing regions of our country and help them to allow them to build their own wealth,” Yinkere said.
Also speaking to journalists, South-East regional head, Norrenberger Asset Management, Ekene Okechukwu, expressed regret that the ugly experiences of the people of the region in Ponzi schemes changed their mindset about self-investment.
Okechukwu said: “As you may well know, this region has had lessons to learn in terms of investment. We have had very bad investment outfits that came out like the likes of MBA Forex, just to mention a few.
“There were a lot of Ponzi schemes that came out, and we had our fingers burnt. These experiences change the mindset of this region in terms of self-investment.
“So, what Norrenberger is bringing to the table is an investment that is SEC-regulated, that you can actually invest in and go home with your two eyes closed.”
