Social Circle

Billionaire Empowers Youths with N21m after Joblessness Pushed Many to Ask for Christmas Gift


Nnewi-born industrialist and philanthropist, Chief Sir Louis Izuchukwu Onwugbenu (Okpata Ozuo Ora Nnewi) has shared 21 Million Naira to youths in his community, Uruagu Nnewi, to enable them to engage in meaningful ventures.

The billionaire said he was touched to do this after many jobless youths came to him on Christmas day to ask for gift.

Giving out the cheque of N1m each to the lucky youths, Chief Louis Onwugbenu who is the Chairman and Chief Executive Officer of Louis Carter Group of Companies, said “I was moved to empower the youths in the community after I observed that majority of the people that trooped to his residence on Christmas Day were asking for Christmas gifts.”

According to the 68 years old, he decided that the best response was to empower some members of the community, especially the youths who will in return help others. He noted that If many people are rich, the burden would not be heavy on one man, or a handful of people.

The beneficiaries who were drawn from different communities in Uruagu Nnewi were picked through a ballot from candidates.

Chief Sir Louis Izuchukwu Onwugbenu who is known for philanthropic strides over the years has continued to use his foundation to empower members of his community.

By Ifeizu Joe

Ifeizu is a seasoned journalist and Managing Editor of TheRazor. He has wide knowledge of Anambra State and has reported the state objectively for over a decade.

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