Total E&P invests $10b, supports 50,000 Nigerian students

TOTAL Exploration and Production Nigeria Limited said it has invested over $10 billion in the last five years in the country and assisted over 50,000 Nigerian students through its scholarship scheme.

 Mike Sangster, TEPNG Managing Director/CEO

TEPNG Executive General Manager, Corporate Social Responsibility (CSR) and Medical Services, Mr. Vincent Nnadi, stated this at an interactive forum in Lagos, highlighting the French oil giant’s contributions to the development of its host communities and the economy.

Nnadi pinpoints education and capacity building as Total’s CSR thrust, noting that the company prioritizes and is committed to social welfare with education ranking top of the list.

“Total is currently focused on education and capacity building through its CSR and has invested substantially in the six geo-political zones of the country. Currently, we spend an average of $40 million annually on CSR activities as against about $60-80 million in the past when the industry was robust and oil price high,” he stated.