• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Saturday, May 17
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Energy»Oil & Gas»Shell Invests N14.85 Billion To Provide Infrastructure In Rivers State
Oil & Gas

Shell Invests N14.85 Billion To Provide Infrastructure In Rivers State

By Orientalnews StaffMay 21, 2018No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Yemisi Izuora 

Shell Petroleum Development Company of Nigeria Ltd (SPDC), said it spent about N14.86 billion on Global Memorandum of Understanding (GMoU) clusters in Rivers State, giving communities a highly-valued opportunity to decide and implement projects and programmes that have a lasting impact on people’s lives. 

The funding, since the GMoU concept took off in 2006, has enabled the 19 clusters in Rivers State to embark on projects covering health, education, water and power supply improvement, sanitation and infrastructure development.

“The GMoU initiative has opened a new and exciting chapter in the relationship between SPDC JV and communities and empowered the people at the grassroots to take charge of their own development,” said SPDC’s General Manager, External Relations, Igo Weli at a presentation of the 2018 Shell Nigeria Briefing Notes to journalists in Port Harcourt. Mr. Weli, who was represented by the Manager, Social Investment/Social Performance, Ms. Gloria Udoh, said the success of the GMoU initiative proves what can be achieved when government, international oil companies, communities and NGOs work together for the common good.

Under the terms of the GMoU, SPDC JV provides secure five-year funding for communities to implement development projects of their choice, which are managed by Cluster Development Boards (CDBs) under the guidance of mentoring NGOs. There are 37 active GMoU clusters in Rivers, Delta, Bayelsa and Abia states, which have been funded to the tune of more than N41 billion since 2006. 

GMoU clusters in Rivers State have recorded landmark achievements, including setting up a Community Health Insurance Scheme (CHIS) at Obio Cottage Hospital in Port Harcourt, where the average number of patients increased from about 600 to about 7,500 per month in 2017, making it one of the most utilised health facilities in the area. Other clusters have awarded foreign and Nigerian tertiary scholarships, set up transport schemes and built roads. 

In another social investment initiative in Rivers State, SPDC JV has trained more than 800 young men and women under the Shell LiveWIRE programme which was introduced in 2003 to help young entrepreneurs to convert their bright ideas into sustainable businesses, creating wider employment and income opportunities for communities. SPDC JV also implements a robust health intervention scheme, supporting

10 hospitals in the state. In 2017, SPDC JV established Nigeria’s first centre of excellence in Marine Engineering and Offshore Technology at Rivers State University in Port Harcourt, which has commenced programmes leading to the award of Masters degrees in Marine Engineering (Power Plants), Naval Architecture and Offshore and Subsea Engineering. This and other educational interventions build on a pioneering scholarship programme that was introduced by SPDC since the 1950s.

Mr. Weli added: “We’re proud of our extensive social investment footprints in Rivers State, which in some cases even stretch beyond the SPDC joint venture. For example, to mark Nigeria’s centenary anniversary, Shell exclusively donated a modern public library to the Port Harcourt Literary Society in November 2016 at a cost of N1.58 billion. While we will continue to work with government, communities and other stakeholders for the development of the Niger Delta, we strongly appeal for a conducive operating environment since this is only way we can do business and implement the needed social investment projects and programmes.”

Share this:

  • Share
  • Email
  • Tweet
  • Reddit
cover
Orientalnews Staff

Related Posts

Nigeria’s Oil Sector Presents Opportunities For Growth In The Face Of Economic Headwinds- Oyebanji

May 17, 2025

Sahara Group Foundation Scales Up Go-Recycling Hubs To Tackle Waste 

May 17, 2025

The Return Of Peak Oil 

May 16, 2025

Leave A Reply Cancel Reply

The latest
  • Nigeria’s Oil Sector Presents Opportunities For Growth In The Face Of Economic Headwinds- Oyebanji
  • Mantrac Nigeria Showcases New Technology In Power Generation 
  • Nigeria Boosts Air Defense System With New Helicopters 
  • Only Registered Architects To Provide Services For Government- NASS 
  • Witnesses Appear Against Former Deputy Director FMWH In Alleged N1.9bn Fraud
  • House Of Reps Seeks Maritime Sector Reforms To Reverse Revenue Loss 
  • Nigeria Tightens Partnership To Mitigate Immigration Fraud 
  • Sahara Group Foundation Scales Up Go-Recycling Hubs To Tackle Waste 
  • emPLE Supports Lagos State Tree Planting Initiative 
  • Institute Of Directors Applauds NDIC For Promoting Corporate Governance 
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2025 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.