Sunday, September 8, 2024
22.7 C
Lagos

NNPC/First E&P JV Empowers NGOs with N53.4m

 As part of its Corporate Social Responsibility (CSR) initiatives, the Nigerian National Petroleum Company Limited (NNPC) and First Exploration & Production Limited (First E&P) joint venture (JV) has donated the sum of N53 million to Non-Governmental Organisations (NGOs) in Nigeria.

Under the JV’s Impact First Initiative, the donation, targeted towards enhancing societal welfare, would address areas such as good healthcare and well-being, quality education as well as economic growth within the nation.

Speaking during the cheque presentation ceremony, NNPC Limited’s Chief Upstream Investment Officer (CUIO), NNPC Upstream Investment Management Services (NUIMS), Mr. Bala Wunti, expressed gratitude to First E & P for initiating the laudable programme.

Represented by the Deputy Manager, External Relations, NUIMS, Mrs. Edith Lawson, Wunti highlighted NNPC’s belief in the power of CSR, stressing that the Company remains committed to working with its partners to impact the lives of the less-privileged.

Wunti said under the initiative, projects and programmes executed include the provision of classrooms, ICT Centres, laboratories and other infrastructural intervention projects, scholarships, quiz competitions, skill acquisitions, and economic empowerment, a testimony to NNPC’s dedication to fostering sustainable development in Nigeria.

Wunti described First E & P’s foresight and leadership as commendable, adding that the partner has spearheaded the initiative towards meaningful change that will ensure a better future for all Nigerians.

Among the beneficiaries of the donation were the Irede Foundation, which provides custom-made artificial limbs to child amputees aged 0-18 and Human Development Initiative (HDI), which focuses on tackling fundamental issues of poverty, injustice, neglect, deprivation, and equality among vulnerable people.

Others were the OISA Foundation, which transforms lives through interventions in the education and healthcare sectors; Cerebral Palsy Center, which renders support to families with children with cerebral palsy as well as the Niola Cancer Care Foundation, which organises awareness talks and screens communities for colon cancer.

spot_img

Hot this week

NAICOM Boss Visits Aviation Minister to Discuss Issues of Industry Growth

The Commissioner for Insurance and Chief Executive of the...

$1tn Economy: Experts to Discuss Insurance, Pension Impact at NAIPE Confab

The Nigerian Association of Insurance and Pension Editors (NAIPE)...

Guinea Insurance Reports ₦477.7m Profit in FY 2023

Guinea Insurance Plc has reported a significant 49.4% increase...

Polaris Bank, NCF take Tree Planting Initiative to Kano State

Polaris Bank Limited has taken its tree planting initiative...

Topics

NCC Suspends Spectrum Trading Guidelines 2018

  The Nigerian Communications Commission (NCC) has suspended the Spectrum...

Stanbic IBTC Unveils Campaign Promote *909# USSD Code

Stanbic IBTC Bank, a member of the Standard Bank...

Sub-saharan Africa, Most Expensive Region for Remittance

Sub-saharan Africa is the most expensive region for sending money inform of remittance from other parts of the world, according to the latest report by the World Bank Group. The report listed South Asia as the least expensive. The World Bank said over $62.5 billion has so far been saved for migrants who send money home to their families in an initiative began in 2005 by the Bank and the international community to reduce the cost of sending money home. Each quarter the World Bank publishes data on how much it costs to send money home.

NAICOM Seeks Synergy with CBN, NCC, SEC on Fintech, Financial Inclusion

L-R: The President, Guild of Corporate Online Publishers (GOCOP),...

COVID-19 Led to Higher Profitability for Corporate Institutions – Soyewo

The Executive Chairman, Prestige Insurance Brokers Limited, Prince (Dr)...

Germany-Africa Business Forum Unveils Funding of African Energy Startups

The Germany Africa Business Forum e.V. (GABF), whose goal...

NCC Chief, Umar Danbatta, Adebayo of ALTON to Lead Speakers at NDSF 2023

The Executive Vice Chairman and Chief Executive Officer of...

Linkage Assurance wins Pearl Sectoral Leadership Award for Insurance

Linkage Assurance Plc has won the 2018 Pearl Sectoral...
spot_img

Related Articles

Popular Categories

spot_imgspot_img