Monday, February 7, 2011

SPDC spends N5.53bn on empowerment in N-Delta


Vanguard
6 Feb 2011

SPDC spends N5.53bn on empowerment in N-Delta
THE Shell Petroleum Development Company, SPDC, says it spent about N5.53 billion between 2005 and 2010 on various economic empowerment programmes, that had improved lives and raised the standard of living in the Niger Delta.

According to Shell, they include 241 micro-credit schemes, 35 agro and fisheries and 120 land and marine transport projects, while another set of skills and enterprise development programmes within the same period directly benefited over 5,200 youths.

Shell in a statement in Lagos by Tony Attah, General Manager Sustainable Development and Community Relations said, “our economic empowerment programmes date back to the 1960s.”

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