SPDC spends $85 million on Nigerian community development (09/08/07)

 

Shell Petroleum Development Company of Nigeria Limited (SPDC), has said it has spent a total of $85 million on community development projects between 2005 and 2006, while $126 million was spent on rural infrastructure.

 
 
Its Corporate Brand and Public Relations Manager, Vincent Okwechime, disclosed this yesterday at the second seminar for faith-based organisations in Abuja. He said money spent on community development projects in 2005 was $32 million while in 2006, it was increased to $53 million.

"The increase covers a commitment to finish incomplete projects and upgrade existing hospitals and health facilities," he said, adding that SPDC completed 131 projects in 2006 with an increased emphasis on those that were stalled.

"Of 581 stalled projects identified in 2005, 66 were completed during 2006, bringing to 82 the number of stalled projects completed to date."he stated.He emphasized that SPDC was contributing 70 per cent of the $76 million partnership with NDDC in 2006 which involves the construction of a 28-kilometre road from Ogbia to Nembe.

He said the project which will involve the building of nine bridges would link nine communities. Represented by the Abuja Relations Manager, Abubakar Ahmed, Okwechime also lamented the Niger Delta crisis stressing the need to find lasting solution to the disruption of operations in the region which is also affecting the economy in general.

Source: This Day

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