Total E&P Nigeria Ltd. Tuesday announced investments worth $10bn towards the Nigerian economy in the last five years. The Executive General Manager, CSR, Engr. Vincent Nnadi, said this at the Total Business Sustenance for New Entrepreneurs Graduation ceremony which held at Abuja on Tuesday.
Nnadi, in an interview, disclosed that the oil and gas conglomerate is also planning projects worth $16bn and plans to use mostly local skills and talents in order to continue its fight against unemployment.
“We have for the first time recorded a high level of local content on this current project and 77% of it is fabricated in Nigeria,” Nnadi explained. It is a very large contribution to the economy and will be using local expertise. We have a very strong cooperative social responsibility,” he said.
