Connect with us

Energy

CSR in Nigeria: The untold role of IOC’s in national development

Published

on

Yemie ADEOYE

“You never change things by fighting the existing reality.To change something, build a new model that makes the existing model obsolete.” ― R. Buckminster Fuller (1885-1983)

In Nigeria, and by extension Africa, infrastructural decadence has become the normas governments over the years have learnt and mastered the act of abandoning projects halfway only to be further abandoned by the subsequent governments.

This situation has continued to hinder the potential greatness of Nigeria, a country naturally endowed with all manner of untapped mineral resources save for crude oil which has become a mainstay for the national economy.Sadly though, crude oil receipts over the years, has not translated to infrastructural or economic development.

exxonmobil gateChevronShell NigeriaHowever, with the intervention by International Oil Companies (IOCs) through the model known as Corporate Social Responsibility CSR, relief has come the way of most Nigerians. An exemplary case studyis that of the American oil giant ExxonMobil.

In different areas spanning education, health, road infrastructures, rural community development, human capacity development, the company has relentlessly shown commitment to an unparalleled, world class CSR scheme.

Education:

In promoting its educational support programme in the country, the company has spent over N4 billion on the Nigerian National Petroleum Corporation (NNPC)/ Mobil Producing Nigeria (MPN) Joint Venture (JV) undergraduate scholarship which it extended to Nigerian students from all parts of the country, while 50 per cent of this amount or N2 billion went to students from Akwa Ibom State, being the state hosting most of the company’s activities in Nigeria.

Similarly, over N57 million has been spent on the NNPC/MPN JV secondary school scholarships targeting indigent students from Akwa Ibom State over the last four years while over N1 billion was spent on the NNPC/Esso Exploration and Production Nigeria Limited (ExxonMobil subsidiary company) international postgraduate scholarship to Nigerian students in the last two decades.The company by its actions has demonstrated belief that an educated society is a developed society.

For a company that currently accounts for over 30% of Nigeria’s crude production, thereby becoming the highest crude oil producer and revenue contributor to the nation, ExxonMobil more than other IOC’s have shown commitment to Nigeria, generating well over N1 trillion annual revenue contribution to the federal government of Nigeria since 2010. ExxonMobil has also contributed more than N160 billion to the NDDC since 2001.

 

Social infrastructure Package:

In July 2013, Mobil Producing Nigeria Unlimited, MPN, announced plans to make multi-year social investments in Akwa Ibom State. These investments supplement the company’s regular annual community development projects which are in partnership with its joint venture partner NNPC.

The social investment package funds both short and long-term projects for communities in which MPN operates, as well as other parts of Akwa Ibom State. The total proposed contribution is N24.6 billion.Short-term projects include the Eket-Ibeno road reconstruction and community assistance projects in the four communities surrounding MPN’s operations in Qua Iboe Terminal (QIT), as well as nearby coastal communities.

Long-term projects include contributions for proposed projects such as enhancing Ibeno Beach, upgrading the University of Uyo engineering facility, and designing and constructing a trauma center at the University of Uyo Teaching Hospital.

Special Projects II:

Under its special projects II arrangement, the MPN is poised to spend about N6billion on 384 projects across 8 communities in Akwa Ibom State. It is a social investment across the neighboring communities, specifically Ibeno, Eket, Esit Eket, Onna, Ikot Abasi, Mkpat Enin, Eastern Obolo & Mbo. It is an act of goodwill done in good faith to appreciate the kind gestures of the communities towards MPN. This is addition to another N8 billion as counterpart funding for the dualization of Eket-Ibeno road.

ExxonMobil and its JV partner NNPC contributes N230million annually to the Akwa Ibom State Government as ground rent and taxes. The JV has contributed over US$210 million to community assistance projects in Akwa Ibom from 2002 – 2014. The company also recruits over 35 percent of its workforce from Akwa-Ibom.

If there are no hindrances and these oil companies are allowed to do as much through their CSR programs, the impact would be felt and the projects would last a lifetime. This is surely the way to go if we must use national infrastructural developmentas a catalyst to boost the economy especially in a country such as ours that does not plan long term, have no regard for basic statistics, and where successive governments have done nothing but failed the people woefully over the past years. A proper and well articulated CSR program as orchestrated by ExxonMobil and other international oil companies across the country can surely fill that vacuum created by years of government’s neglect.

Mr. Adeoye, an industry analyst and Host of the Energie Platform show writes from Houston Texas, USA.

Click to comment
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Energy

Shell Completes Turnaround Maintenance on FPSO, Resumes Production at Bonga

Published

on

The Shell Nigeria Exploration and Production Company Limited (SNEPCo) has completed the turnaround maintenance on the Bonga Floating Production, Storage and Offloading (FPSO) vessel, leading to resumption of production at Nigeria’s premier deepwater field on March 6, 2026.

Biztellers reports that the project was delivered 11 days ahead of schedule and without any safety incident, reinforcing SNEPCo’s longstanding commitment to operational excellence and asset integrity.

“Completing the turnaround safely and ahead of schedule is a testament to the dedication and professionalism of our Nigerian workforce and the helpful support of our partners,” SNEPCo Managing Director Ronald Adams said. “The achievement not only secures the long‑term integrity of the Bonga FPSO but also positions us strongly for the successful delivery of the Bonga North project, which will leverage the improved reliability of the FPSO.”

ALSO READ: NGX Group, IFC, CSCS and WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

The exercise which began on February 1, 2026, highlights SNEPCo’s leading role in advancing deep‑water expertise in Nigeria. Of the 55 companies involved in the execution, 43 were wholly Nigerian. Additionally, eight of the 12 international service providers maintain operational bases in Nigeria, contributing to knowledge transfer and increased local investments.

More than 1,000 personnel worked offshore during the turnaround, with over 95% being Nigerians involved in maintenance, engineering, operations, inspection and construction. Thousands more supported activities from onshore locations, reflecting the depth of Nigerian capability in offshore oil and gas operations.

Adams added: “We acknowledge the support of several stakeholders towards the successful execution of the exercise, including the NNPC Upstream Investment Management Services (NUIMS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Content Development and Monitoring Board (NCDMB) and our partners.”

Continue Reading

Business

Sahara Group expands fleet with new 40,000 cbm LPG Carrier

Published

on

By

Modupe Asudo

Sahara Group, a leading global energy and infrastructure conglomerate, has commissioned MT Asharami Ghana, a 40,000‑cubic‑metre Liquefied Petroleum Gas (LPG) carrier, expanding its fleet capacity, while strengthening Ghana’s clean energy supply chain and LPG distribution network.

The dual‑fuel vessel improves operational efficiency, enhances supply reliability, and supports lower‑emission LPG logistics as consumption grows across Ghana and the wider sub‑region.

Ghanaian President Mahama and Sahara Executive Directors

Speaking at the commissioning in Ulsan, South Korea, President John Dramani Mahama described the vessel as “a significant milestone in strengthening the infrastructure that underpins the global LPG supply chain,” noting that expanded shipping capacity is critical to improving supply security, reliability and efficiency for countries that rely partly on LPG imports.

He commended Sahara Group, WAGL Energy and all partners involved for their “leadership, technical expertise and strategic foresight,” adding that the project reflects “the power of partnership” in advancing safe, efficient, and responsible energy distribution.

President Mahama wished the MT Asharami Ghana safe sails, expressing confidence that the vessel would inspire further investment and collaboration across Africa’s energy value chain.

According to Wale Ajibade, Executive Director, Sahara Group, the vessel supports Ghana’s clean energy ambitions through integrated infrastructure.

“MT Asharami Ghana is more than a vessel; it is part of a deliberate strategy to strengthen LPG supply security and support Ghana’s clean energy ambitions. It secures an additional 25,000-Metric-tonne stock security for the Ghana economy, alongside the soon to be commissioned 6000-metric-tonee of 12.000-metric-tonne land storage in Tema,” he said.

With the addition of Asharami Ghana, Sahara Group’s LPG carrier fleet now comprises six delivered vessels with a combined capacity of 202,000 cubic metres. Supported by partnerships with WAGL Energy, NNPC Limited and other stakeholders, an additional 270,000 cubic metres of capacity is under construction and due for delivery by September 2028.

Temitope Shonubi, Executive Director, Sahara Group, said Asharami Ghana is part of Sahara’s integrated LPG infrastructure strategy spanning shipping, storage, and downstream distribution globally, including the development of a 12,000‑metric‑tonne land‑based LPG storage terminal in Tema, with a 6,000‑metric‑tonne first phase scheduled for completion in May 2026.

He thanked Yaa Serwaa Alifo, MD of Asharami Ghana, for her resilience and insistence to dedicate a ship of “this magnitude solely to the Ghana Market and its landlocked neighbours.”

Ghana is targeting LPG adoption of 50 per cent of households by 2030, up from about 30 per cent today. Sahara’s investments will support clean energy access for more than 35 million people, while strengthening Ghana’s role in regional LPG trade to neighbouring and landlocked West African markets.

The commissioning comes in Sahara Group’s 30th anniversary year, guided by the Sahara Beyond XXX milestone, underscoring Sahara’s focus on building an enduring enterprise that delivers responsible growth, shared prosperity and long‑term impact across its markets.

Continue Reading

Energy

Nigeria’s Crude Output Falls to 1.3mbpd

Published

on

OPEC Appoints Next Secretary General, Effective August 2022

Nigeria’s crude oil production dropped to 1.31 million barrels per day in February, even as local refineries continue to grapple with inadequate domestic crude supply needed to sustain operations.

The development shows that Nigeria again failed to meet its crude oil production quota of 1.5 million barrels per day approved by the Organisation of the Petroleum Exporting Countries (OPEC), as output declined sharply in February 2026.

Data from OPEC’s latest Monthly Oil Market Report, based on direct communication from member countries, showed that Nigeria produced 1.314 million barrels per day in February, down from 1.459 mbpd recorded in January.

ALSO READ: Chevron Reiterates Commitment to Niger Delta Development

The figures indicate a month-on-month decline of 146,000 barrels per day, widening the country’s shortfall from its OPEC production allocation.

Nigeria’s inability to meet its OPEC production quota is not only affecting its oil export earnings but also adversely impacting domestic refineries that are starved of feedstock for their operations.

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

0
Would love your thoughts, please comment.x
()
x