Thursday 21st November 2019
Thursday, 21st of November 2019
Home / News / Business / 120 Niger Delta entrepreneurs receive Shell Nigeria LiveWIRE grants

120 Niger Delta entrepreneurs receive Shell Nigeria LiveWIRE grants

Another 120 youth entrepreneurs from seven states of the Niger Delta have been given Shell Nigeria LiveWIRE business training and N48 million by The Shell Petroleum Development Company (SPDC) Joint Venture to begin small-scale businesses in their respective states in the expectation that they will become models for alternative livelihoods as part of the programme to deter involvement of youths in vices.

Shell LiveWIRE Nigeria
A cross section of the graduating Regional LiveWIRE Nigeria beneficiaries

The 120 beneficiaries received their certificates at a Regional LiveWIRE graduation ceremony in Port Harcourt, Rivers State on Tuesday, March 5, 2019.

SPDC General Manager External Relations, Mr. Igo Weli, described the company’s flagship youth enterprise development programme, Shell Nigeria LiveWIRE, as a potent initiative that has produced over 7,000 Niger Delta entrepreneurs since inception in 2003 with most of them now employers of labour.

He said, “Some of the beneficiaries have also been given the opportunity to participate in SPDC’s supply chain as vendors and have been linked to growth capital from other agencies.”

ALSO READ:  Court may wind-up Omritas Energy over N57.6m alleged debt

Speaking at the graduation ceremony, the Director of Secondary Education, Rivers State Ministry of Education, Mrs. Sokari Davies, commended SPDC and its joint venture partners for the consistent sponsorship of the Shell Nigeria LiveWIRE programme.

Mrs. Davies said, “Irrespective of the challenges in the operating environment, SPDC still deemed it necessary to empower and develop the youths. Other multinational oil companies should copy SPDC and channel resources towards the development of the youths. That way, restiveness will greatly reduce. Government will continue to partner with SPDC because of this.

“It is indeed a remarkable day for the 120 beneficiaries, and we are pleased to see this group of young entrepreneur’s start-up businesses that will contribute to the economic development of our communities.”

ALSO READ:  Solid minerals sector generated N69.2b in 2015, says NEITI

A previous LiveWIRE beneficiary and now Managing Director of De-Rabacon Plastics, Yolo Bakumor Smith, told the Regional LiveWIRE graduates how he also won the maiden Shell Outstanding Achievement Prize in the 2018 Shell LiveWIRE Top Ten Innovators Global Awards.

Yolo said, “I owe my gratitude to Shell because no other multinational operating in our region has given back the way and manner that they have. I am my own boss now and I have been privileged to assist a lot of people courtesy of Shell.”

The Shell LiveWIRE Nigeria programme, a part of the global Shell LiveWIRE social investment programme, enables young people to start their own business and create employment. In 16 years of operation in Nigeria, the Shell LiveWIRE has received local and international recognitions. For example, in 2011, the programme received the African Leadership Magazine award for Youth Development, Social Enterprise and Reports Award (SERA) 2010.

ALSO READ:  Two Nigerians win Shell global entrepreneurship prize

Two Nigerian beneficiaries emerged winners in the 2017 and 2018 editions of the Global Shell LiveWIRE Top Ten Innovators Award. Three others won the 2017 pitching contest in LiveWIRE #Makethefuture Accelerator event held in Port Harcourt and, between 2010 and now, five beneficiaries have won the international ‘’GO and Trade Enterprise Linkage Award’’ (which enabled them to make international trade visits to London, Dubai in United Arab Emirates and Neighbouring Ghana).

At the national level, five beneficiaries have won the Federal Government ‘YOU WIN’ awards in 2014 and 2015. Two of them won the Central Bank of Nigeria Entrepreneurship award, while 10 others won the Tony Elumelu Foundation Award.’’

The Regional LiveWIRE programme operates in the Niger Delta region and aims to inspire, encourage and support young people aged 18-30 to start up their own businesses in the Nigerian states of Edo, Delta, Bayelsa, Rivers, Abia, Imo, Cross River and Akwa Ibom.

%d bloggers like this: