Techno Oil expends N200m on CSR projects in 15 yrs
LAGOS: In furtherance of its initiated policy on Corporate Social Responsibility, CSR in partnership with state governments across Nigeria to upgrade secondary and primary school facilities in it host communities, Techno oil Ltd, a major player in Nigeria’s downstream Oil sectorsaid it has expended over 200 million naira on CSR in 15 years.
The company’s CSR program is in view to creating congenial environment to engender teaching and learning in cognizant that education is the most important indicator of potential Gross Domestic Product, GDP growth in the country.
The Managing Director of Techno oil, Mr. Tony Onyeama, said the company has also adopted Dr. Lucas Memorial Secondary School ICT center at Kiri-kiri, town, a surburb of Lagos in Amuwo Odofin Local Government Area of Lagos State to boost e-learning in the school.
Onyeama who disclosed this to newsmen in Lagos, said the N30 million Ultra-modern ICT center, is a gesture in compliance with the Lagos state government’s directive that corporate bodies should adopt schools as part of measures to promote education in the state.
“It is in line with this policy drive that we decided to adopt Dr. Lucas Memorial High School, Kirikiri in the sprawling suburb of Ajegunle, to make a difference in the lives of students in the institution.
“This school is located in our host community and it is our desire to add value to this institution to make it a citadel of learning in ICT and first among equals among secondary schools in Lagos State,” he said.
He added that the facility which has no fewer than 42 work stations is supported with a 20KVA generator and UPS unit among other infrastructure costing a sum of N30 million, while more than 50 students are currently benefiting from the Techno oil Scholarship Scheme across the country.
According to him, “We want to be alive to the needs of our host communities, touching lives and contributing to the growth of our country, by giving back to the society and doing our business in line with corporate governance and best practices.”
Oyeama expressed appreciation to Kiri-kiri community, for providing a conducive environment for Techno oil to operate, describing the community as the key ally in the success story of the company that deserves empowerment and access to opportunities to acquire the skills they need for academic and eventual career success in the future.
In the past two years, the Managing Director said the company has upgraded dormitory facilities at Boys Secondary School, Agulu in Anambra State, adding the company has provided perimeter fencing at the Federal Government Girls College Abuloma in Rivers State to prevent encroachment.