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Latest News / Shell LiveWIRE Nigeria rewards its young entrepreneurs

 

Nigeria

Shell LiveWIRE Nigeria has awarded a total of N40m (US $126k) in funding to 100 young entrepreneurs who have successfully completed its 2016 enterprise development programme. Each received N400k (US $1,260) to enable them to start-up and grow their own businesses.

150 young entrepreneurs successfully completed Shell Nigeria’s intensive enterprise development programme, which enabled participants to gain the essential skills required to start-up and grow a successful business. Following the training, candidates had to negotiate a written test and had to pitch their ideas to an expert panel of judges, who selected the top 100 to receive funding.

The 100 young entrepreneurs, from Rivers, Bayelsa and Delta states, received their start-up grants at a special presentation event at the Swiss International Mabisel Hotel in Port Harcourt, attended by government officials and dignitaries from the public and private sector who support youth enterprise development.

The young entrepreneurs will use their funding to start businesses in a diverse array of industrial sectors ranging from solar energy and waste recycling to construction and agriculture.


One of the entrepreneurs to receive start-up funding is Deborah Ngozi Atalor, whose business, Lorngees Energy Services produces and sells solar panels. Commenting on the impact Shell LiveWIRE has had on the development of her business, Deborah said, “I am indeed grateful to Shell for this wonderful programme, training received and the award which will help me establish my own business.”


Another entrepreneur, Kalada Briggs, is appreciative of the funding which will enable him to develop his online traffic information services business, Trackham. Kalada said, “I am glad to be one of the 2016 LiveWIRE beneficiaries. I say a very big thank you to Shell. I promise to make value out of the training and the award I received.”

Four established entrepreneurs, supported by Shell LiveWIRE Nigeria during 2014, that have created employment opportunities, received awards totalling N400k to expand their businesses.

One of the businesses, De-Rabacon Plastics, a waste recycling business run by Yolo Bakumor Smith, produces shopping bags from waste plastic. As well as enabling him to improve his family’s standard of living, Yolo has also created three full-time jobs and employment opportunities for 16 casual staff.

Commenting on his expansion award, Yolo said, “The very fact that my work is recognised is humbling and a catalyst to do more. I am very grateful to Shell for the endless support and mentorship that they give. The advice and tutelage is priceless. God bless Shell for this award.”

The event also provided a showcase for four energy and technology entrepreneurs to pitch their businesses to an influential audience. The entrepreneurs included: Michael Baribeop Kabolo, who’s company produces bio gas from organic waste; Henry Chukubueze Chikogu, an installer and retailer of solar panels; Akpevwoghene Oghenetejiri Ogeh, a producer and retailer of power inverters; and, Kalada Ibim Briggs, who provides online traffic and security information.

The General Manager, External Relations, Igo Weli, who was represented by the ER Social Performance Manager, Gloria Udoh, underscored the importance of the scheme, saying, “The LiveWIRE programme provides access to entrepreneurship training, business development services as well as start-up capital to establish and expand youth owned businesses thereby contributing to job creation.”

Guests included the representative of the Honourable Commissioner for Science, Technology and Manpower Development in Bayelsa State, Chief B.F. Amakiri; Representative of the Honourable Commissioner for Youth Development, Christian Bogba; Representative of the Honourable Commissioner for Commerce and Industry, Dr Blessing Enamutor; Representative of the Honourable Commissioner for Trade Industry and Investment, Barister Kenele Okara; Representatives of the Small and Medium Enterprise Development of Nigeria, Dr Friday Opara and Lindia Pepple; Director, South-South, National Agency for Food and Administration and Control, Chinelu Ejeh; and, President of the Joint National Association of Persons with Disabilities (JONAPED), David Thank God Enogho.

The representative of the Honourable Commissioner for Science, Technology and Manpower Development, Bayelsa State, who was represented by Chief B.F. Amakari acknowledged Shell’s support for the young entrepreneurs and added that they, “promise to make good use of the knowledge gained and the funds received.”

Shell LiveWIRE Nigeria is supported by the Shell Petroleum Development Company of Nigeria Joint Venture (SPDC JV).


 


 

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