Shell Petroleum Development Company, SPDC, has indicated that LiveWIRE will enhance the capacity of youths to invest in Edo, Bayelsa, Rivers, Abia, Imo, and Akwa Ibom.
The company stated in its report that: ‘’LiveWIRE Nigeria is a youth enterprise development programme supported by The Shell Petroleum Development Company of Nigeria Limited (SPDC). The programme operates in the Niger Delta region and aims to inspire, encourage and support young people aged 18-30 to start up their own businesses in the Nigerian states of Edo, Delta, Bayelsa, Rivers, Abia, Imo, and Akwa-Ibom.’’
It added that: ‘’each year, Shell LiveWIRE Nigeria provides training and finance for young entrepreneurs in the Niger Delta to set up and grow their businesses. Shell LiveWIRE is a social investment programme that aims to help young Nigerians between the ages of 18 to 35 explore the option of starting their own business as a viable career option and thereby create employment.
‘’Shell LiveWIRE Nigeria is the flagship of our youth enterprise development programmes. The initiative was launched in Nigeria on March 27, 2003, to provide access to entrepreneurship training, business development services as well as business start-up capital for youth-owned businesses.
‘’The programme also provides opportunity for beneficiaries to access fund from financial institutions. To date, 6,580 youths have been trained and 3373 have received business start-up grants. Most of whom are now employers of labour.
‘’Shell LiveWIRE Nigeria provides opportunities for young people to realise their potentials through the creation and development of their own businesses.’’