Main content | back to top
Shell Livewire Empowers 95 Entrepreneurs with 46 million Naira
Under the scheme, Delta State Government contributed about N29 million, while Shell donated N17 million to assist the beneficiaries, who are into various small-scale businesses like soap-making, block-moulding, welding, among others.
SPDC’s Government and Community Relations Manager Donald Ovberedjo, in his address on the occasion in Asaba, explained that the Livewire initiative launched in Nigeria in 2003 "is to encourage young people to start their own businesses and to consider self-employment as a desirable career option.”
"The programme exposes undergraduates and post secondary school students to basic business principles and provides start-up funds for establishing businesses." In 2006, the Delta State Government and SPDC entered into the first public-private partnership for the Livewire programme. In the first partnership, 600 Delta State youths were trained in various business management areas, while 144 received funding based on the business plan completion.
Delta State Commissioner for Commerce and Industry, Mrs. Chinwe Monu-Olarewaju, pointed out that beneficiaries did not have to know anybody in government to be chosen but that they were drawn from the very common people based on their business plans and urged Shell to continue to partner with the state government in similar areas.
The ninety five Delta State participants in the training and business plan competition will each receive cash rewards to start their businesses. They will also be attached to mentors, who will provide business counsels within the next one year.