Connect with us

General news

Shell invest N48m in 120 new entrepreneurs in Niger Delta



Shell invest N48m in 120 new entrepreneurs in Niger Delta

Shell invest N48m in 120 new entrepreneurs in Niger Delta

No fewer than 120 youths drawn across eight states in the Niger Delta on Tuesday in Port Harcourt received 400,000 each as grant to invest in new businesses.
Mr Igo Weli, General Manager, External Relations, Shell Petroleum Development Company (SPDC) handed cheques to the beneficiaries at the SPDC/Joint Venture-sponsored 2018 Regional Graduation and Award Ceremony of its LiveWire programme.
He said the beneficiaries were drawn from Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo and Rivers.
According to him, the 120 beneficiaries joined about 6,952 youths who had been trained in enterprise development and management since the programme’s inception in 2003.
“Shell LiveWire programme enables young people to start their own businesses and create employment for themselves and others.
“The programme launched in 2003, has produced 7,072 Niger Delta entrepreneurs most of whom are now employers of labour.
“Also, some of the beneficiaries have been given the opportunity to play in SPDC’s supply chain as vendors, partners as well as linked to growth capital from other agencies,” he said.
Weli, represented by Mrs Gloria Udoh, SPDC’s Manager, Social Performance and Investment, said that aside training and funding, the programme also assisted youths with ideas to draw up their business plans.
He added that no fewer than 70 per cent of the beneficiaries since the programme’s launch had become successful business owners across different industries.
“The programme was designed to contribute to economic empowerment and job creation for Niger Delta youths in SPDC host communities.
“The current beneficiaries received entrepreneurship training, wrote business plans and pitched their business ideas before 120 best-performing among applicants were selected.
“The selected beneficiaries will receive N48 million or 400,000 each of business start-up grant. We expect that they will successfully establish or expand their chosen businesses,” he said.
Weli said the success of the livewire programme necessitated SPDC to launch a special livewire programme in Ogbia Local Government Area of Bayelsa which targeted university graduates, secondary school leavers and market women.
Other livewire programmes are for Ogoni youths as well as Livewire Women for Otumara community in Excravos, Delta.
The Most Outstanding Beneficiary, Mrs Emy Harry, said the programme equipped her with requisite knowledge and skills to handle her tools with which she works.
Harry said the skills would enable her to open up a plastic recycling company in the Niger Delta.
The News Agency of Nigeria (NNN) reports that representatives of Rivers Government, the National Agency for Food and Drug Administration and Control (NAFDAC) and financial institutions.
They commended the programme and expressed willingness to partner with SPDC to develop youths in the region. (NNN)

Edited by Janefrances Oraka/Ejike Obeta

Desmond Ejibas: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]

Trump’s campaign feasts on Harris’ past criticisms of Biden COVID-19: NCDC confirms 423 new cases in Nigeria Konta in good spirits day after health scare at Top Seed Open Four-goal Shakhtar Donetsk set up Europa League semi-final against Inter Milan Bauchi Govt. partners UNESCO on mobile learning for school children Sevilla reach Europa League semi-finals as Wolves pay for penalty kick miss Zamfara security c’tee denies resignation of members Police arrest 3 for allegedly robbing fishermen of N1.6m in Lagos New Zealand city of Auckland prepares for lockdown as mystery COVID cases emerge IPAC wants INEC to adjust timetable for Ondo, Edo polls Gov. Wike dissolves Task Force on Illegal Street Trading, Motor Parks Akeredolu admonishes governors to support community policing Joe Biden picks Kamala Harris for vice-presidential running mate Biden picks California Senator, Kamala Harris, as running mate AU body underscores need for investment in potato farming in Nigeria Lagos empowers 1,100 vulnerable women, indigent residents with work tools Access Bank rewards 9,000 for digital platforms transactions ILO, NECA collaborate to eliminate child Labour in Nigeria International Youth Day: Atiku tasks youth on fight against COVID-19 New CIS president unveils next level agenda NYSC strengthens partnership with research institute INEC fixes all pending by-elections for Oct. 31 Auno: Borno Govt resettles 560 displaced families OYSG approves promotion, gratuity for 97 civil servants dismissed in 2012 Economic Sustainability Plan: Association urges FG to engage private sector Sanwo-Olu Listens, gives succour to 50 vulnerable Lagosians Osun landlords groan over alleged “outrageous” Land Use charges EFCC arrests 3 corps members, 19 undergraduates for alleged internet fraud in Ibadan NCPC boss urges Southern Kaduna people to remain calm, hopeful Stakeholders differ on use of safety tunnels, fumigation in fight against COVID-19 Congestion: Maritime agencies working toward 24-hour port services — Jamoh Abia govt. to reabsorb sacked 5,853 teachers Insurgency: NAF assures Borno of unrelenting security effort ESUT holds retreat for new administrators Edo COVID-19 death toll hits 100 — Commissioner Niger Govt. inaugurates 30-man economic advisory committee Court restrains Edo govt from publishing defamatory materials against Okunbo, Oshiomhole CIIN lauds FG’s approval of African Trade Insurance Agency Lagos State Procurement Agency (Amendment) Bill 2020 scales 2nd reading Kwara speaker calls for improved security in border communities Poultry farmers seek FG, Oyo govt.’s intervention to save industry   Monarchs task Lagos State Govt on provision of infrastructure  Nigeria disability data bank takes off in FCT CACOVID: Gov. Bagudu warns against diversion of food palliative Minister inaugurates committee on implementation of N75bn youth fund PDP swears in Enugu State executives  NJC approves appointment of 6 new High Court Judges for Kano NSE market indices drop further 0.58% Man, 44, docked over alleged cheating of woman of N75,000 Assault: Police dismiss Inspector in Osun