Oredola Adeola

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint Venture (JV) have donated N53 million to non-governmental organizations (NGOs).

Advisors Reports confirmed that the fund is specifically designated to bolster healthcare, education, and economic development initiatives within the country.

Olufemi Soneye, NNPC Ltd. Chief Corporate Communications Officer made this known in a statement obtained by Advisors Reports on Friday.

The statement revealed that under the JV’s Impact First Initiative, the donation, targeted towards enhancing societal welfare, would address areas such as good healthcare and well-being, quality education as well as economic growth within the Nation.

Mr. Bala Wunti, NNPC Ltd.’s Chief Upstream Investment Officer (CUIO), NNPC Upstream Investment Management Services (NUIMS), speaking during the cheque presentation ceremony, commended First E & P for initiating the Corporate Social Responsibility (CSR) to support societal welfare.

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

NNPC Ltd.’s Chief Upstream Investment Officer (CUIO) further said under the initiative, projects and programmes executed include the provision of classrooms, ICT Centres, laboratories and other infrastructural intervention projects, scholarships, quiz competitions, skill acquisitions, and economic empowerment, a testimony to NNPC Ltd.’s dedication to fostering sustainable development in Nigeria.

He also described First E & P’s foresight and leadership as commendable, adding that the partner has spearheaded the initiative towards meaningful change that will ensure a better future for all Nigerians.

Advisors Reports gathered that the beneficiaries of the donation were the Irede Foundation, which provides custom-made artificial limbs to child amputees aged 0–18, and the Human Development Initiative (HDI), which 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 Centre, which renders support to families with children with cerebral palsy; as well as the Niola Cancer Care Foundation, which organises awareness talks and screens communities for colon cancer.