Business
N’Delta Youth Get Another Chance To Own Businesses

Director of Administration and Finance, Lagos Central Business District (CBD), Mrs Bolanle Owolabi, Special Adviser to Lagos State Governor on CBD, Mrs Derin Disu and her counterpart on Information and Strategy, Mr Lateef Raji, at a news conference on activities of CBD in the last one year in Lagos, last Wednesday.
Niger Delta youth are being given yet another chance to start their own businesses through the 2014 edition of the LiveWIRE programme, for which the Shell Petroleum Development Company of Nigeria Limited (SPDC), has invited entries from eligible candidates.
In a statement last Wednesday, Shell’s Corporate Media Relations Manager, Precious Okolobo, said that people aged between 18-35 in Delta, Bayelsa and Rivers states are invited to apply for the 2014 edition, with a chance to benefit from start-up funding and a wide range of support services including training workshops and business awareness sessions.
Speaking in Port Harcourt, recently, General Manager, Sustainable Development and Community Relations, Nedo Osayande, said that “The LiveWIRE programme has become the main means of support for youths in the Niger Delta to start their own businesses”.
“The success stories of several young entrepreneurs are really inspiring, and we’re delighted that more youths will take up the opportunity in the 2014 edition,” he said.
Launched in 2003, LiveWIRE Nigeria is a flagship programme that provides access to training, business development services and start-up capital to establish and expand youth-owned businesses.
To date, the programme has trained nearly 6,000 Niger Delta youths in enterprise development and management.
In 2011, SPDC commenced the implementation of a partnership with the Niger Delta Development Commission (NDDC) to expand the LiveWIRE programme with a focus on the economic empowerment of young women.
Through this partnership, the LiveWIRE model has been used to create employment opportunities for over 1,600 women between the ages of 18 and 35.
A highlight of the LiveWIRE programme is the Young Business Leaders Awards for managers who have been in business for up to two years, and can show good progress in service delivery, financial growth, employment generation and improvement in management strategies.
The generous cash awards are expected to help the young people further expand their businesses.
Employment generation for young people is just one aspect of the social investment portfolio of Shell companies in Nigeria.
In 2013 alone, the SPDC JV and Shell Nigeria Exploration and Production Company (SNEPCo) spent more than $100 million on voluntary social investment activities, making Nigeria the largest recipient of social investment by the Shell Group globally.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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