Economy

CSR: Total E&P sponsors 50,000 students in host communities

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Total E&P says over 50,000 students have benefitted from its scholarship scheme at all levels of education since inception of its Corporate Social Responsibility (CSR) programme in Nigeria.

Mr Vincent Nnadi, the Executive General Manager, CSR and Medical Services, made this known at a media interaction on Monday in Lagos, while highlighting the company’s efforts in contribution to its host communities through CSR.

Nnadi said, “Total has identified several commitments as priorities for social welfare, with education ranking at the top of the list.

“Our international subsidiaries support numerous programmes relating to education.

“The company is currently focussed on education and capacity building through its CSR, and Total has also invested in the six geo-political zones of the country under its CSR initiatives.”

He said the company invested over 40 million dollars annually on CSR, assuring that it would invest more when the economy was stable.

Nnadi said the education scholarships cut across post-primary and post-secondary, including 80 tertiary institutions recognised by the National Universities Commission (NUC) and post-graduate in local and foreign universities.

He also said the scheme in three categories include National Merit Scheme, Community Scheme and International Scholarship.

Nnadi explained that the National Merit Scheme had over 4,000 beneficiaries and the Community Scheme with over 5, 000 beneficiaries, both annually.

According to him, the scheme regarded as ‘Catch them Young’ programme allows bright pupils to be identified in primary schools in the rural communities and placed them in the best secondary schools in Port-Hacourt under the sponsorship.

Nnadi said that others were NYSC Scheme, where graduates during their national service were engaged and posted to secondary schools in the host communities to teach science subjects.

He said that the company also had a Teachers Programme where science teachers in the host communities were paid incentives to motivate them.

Nnadi also said that workshops and training programmes would be organised to improve their techniques.

The executive general manager said that Total had also undertaken the construction of lecture theatres, classrooms, hostel blocks, renovation of schools, among others.

He said the company has a strategic and reliable partner throughout the entire value chain in the downstream, upstream and midstream sectors of the Nigerian economy.

Nnadi said the company, as the fourth largest and gas producing company with 3,000 employees had over 10 billion dollars investment in the economy in the last five year.

“In 2012, it invested over 80 billion, but went down due to the nation’s economy situation,” the executive general manager said.

He said that the company had also invested in renewable energy, with over 47 stations in Lagos powered by solar, and over 125 stations across the country powered by solar.

Nnadi added that Total also partnered with the Nigeria Breweries and Coca-Cola on solar power.

He said, “Over the next 20 years, electricity demand will increase faster than the demand for energy as a whole.

“In order to meet this growing need, tackle the challenges of climate change and comply with the International Energy Agency’s scenario; we have made it our ambition for low-carbon businesses to account for nearly 20 per cent of our portfolio in 20 years.

“We are already actively participating in the development of renewable energies, especially solar.

“With operations spanning the manufacture of high-efficiency photovoltaic panels, ground-based power plants, decentralised systems, storage solutions and marketing to end-customers, we are present across the entire value chain and fast-tracking the deployment of solar technology.”

(NAN)


YO/AWA/GOK

 

Edited by Olawunmi Ashafa/Olagoke Olatoye

Yunus Yusuf

Yunus Yusuf: 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]nnn.ng. Disclaimer.

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