Business
SNEPCo Donates Science Labs To Kwara School
The Shell Nigeria Exploration and Production Company Limited (SNEPCO) has donated four ultra-modern science laboratories to Erku Secondary Commercial School in Ekiti Local Government area of Kwara State.
A statement by Media Relations Manager, Bamidele Odugbesan and made available to The Tide in Port Harcourt, yesterday, said, that this was the latest effort by the Shell deep offshore company to spread its social investments across Nigeria and boost the study of science subjects among secondary school students.
Speaking at a ceremony to hand over the laboratories to the school management, last week, Managing Director of SNEPCo, Bayo Ojulari, said, “The importance of science education cannot be overemphasised particularly in this age of rapid technological advancement. Government alone cannot do it which is why SNEPCo, its government and co-venture partners have continued to intervene in this critical area of youth development just as much as we do in the health sector.”
Represented by SNEPCo’s General Manager, Deepwater Exploration, Adedayo Adewuyi, Ojulari charged the students to take maximum learning advantage offered by the well-equipped laboratories to develop their potential in Science, Technology, Engineering and Mathematics (STEM).
Deputy Manager, Community Development, National Petroleum Investment Management Services (NAPIMS), Mrs Jolayemi Kolapo, said NAPIMS on behalf of NNPC was pleased to support SNEPCo’s focus on education across Nigeria as a proof-point of government’s commitment to people’s development in its partnership with oil and gas companies in the country.
Kolapo, represented the Group General Manager of NAPIMS, Roland Ewubare, said: “We believe that our investments should not just be in the bolts and nuts but also in the people. Assisting the government to provide quality education delivery is a crucial aspect of our investment and that is why NAPIMS is pleased to partner with SNEPCo on the delivery of this project. We, therefore, encourage the school to make judicious use of the laboratories for the intended purpose. It is only by so doing that the huge investment made in putting this project in place would be justified.”
The Kwara State Commissioner for Education and Human Capital Development, Bilikisu Oniyangi, described the laboratories as world-class standard and charged parents and teachers to ‘deliberately encourage youths to have inquisitive minds that can help in carrying out research for solving modern day challenges that pose a threat to humanity.’
Oniyangi, who was represented by Director, Human Capital Development in the ministry, Mrs Comfort Abioye, described SNEPCo’s intervention as timely, noting that ‘the project supports the policy thrust of the state governor on the improvement of quality teaching and learning of science subjects aimed at facilitating development in technology and human development’.
Susan Serekara-Nwikhana
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.