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    MarketForces Africa » MarketForces News » NNPC, First E&P JV Empower NGOs with N53.4m

    NNPC, First E&P JV Empower NGOs with N53.4m

    Marketforces AfricaBy Marketforces AfricaMay 11, 2024 News No Comments2 Mins Read
    NNPC, First E&P JV Empower NGOs with N53.4m
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    NNPC, First E&P JV Empower NGOs with N53.4m

    The Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint venture (JV) have donated N53 million to some NGOs in Nigeria. The NNPC Ltd. said the donation was part of its Corporate Social Responsibility (CSR) initiatives.

    Mr Bala Wunti, Chief Upstream Investment Officer (CUIO), NNPC Upstream Investment Management Services (NUIMS), on Friday in Abuja, during the cheques presentation ceremony expressed gratitude to First E & P for initiating the laudable programme.

    Wunti, in a statement by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd. said under the JV’s Impact First Initiative, the donation, targeted towards enhancing societal welfare, would address areas of healthcare and well-being, quality education and economic growth.

    Wunti, represented by Deputy Manager, External Relations, NUIMS, Mrs Edith Lawson, highlighted NNPC Ltd’s belief in the power of CSR. He emphasised that the Company remained committed to working with its partners to impact the lives of the less privileged.

    Wunti said under the initiative, projects and programmes executed included the provision of classrooms, ICT Centres, laboratories and other infrastructural intervention projects, scholarships, quiz competitions, skill acquisitions, and economic empowerment.

    According to him, it is a testimony to NNPC’s dedication to fostering sustainable development in Nigeria.

    He described First E & P’s foresight and leadership as commendable, adding that the partner has spearheaded the initiative towards meaningful change that would ensure a better future for all Nigerians. The beneficiaries of the donation included the Irede Foundation, which provides custom-made artificial limbs to child amputees aged 0-18 and the Human Development Initiative (HDI).

    This 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.

    The beneficiaries also included the Niola Cancer Care Foundation, which organises awareness talks and screens communities for colon cancer. Gov. Sule’s Efforts in Mineral Sector Creating Jobs, Boosting IGR–Speaker

    Banks CBN Central Bank of Nigeria FGN Investors NGX Nigeria Nigerian Stock Exchange
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