Oriental Energy builds N700m estate for host communities
Oriental Energy Resources Limited has launched a N700 million modern residential estate of 100 units in Enwang, headquarters of Mbo Local Government Area of Akwa Ibom state.
The estate named Oriental Village Mbo when completed will have a solar-powered electrification system, a school, clinic, a shopping centre and will be given freely to beneficiaries. The project is being built and funded exclusively by Oriental Energy Resources and the Muhammadu Indimi Foundation, as a legacy
project for Oriental Energy’s host communities.
This was revealed by the Executive Chairman of the company, Dr Muhammadu Indimi in his speech at the groundbreaking ceremony on Tuesday in Enwang.
According to the chairman, the Oriental Village is a clear manifestation of the company’s commitment to sustainable development of its host communities. “The housing initiative we have commissioned will leverage innovative housing technology to provide accommodation to 100 families in Mbo Local Government Area. There will be 100 units of one-bedroom flats which will sit on a 2.5 hectare of land graciously provided by the good people of Eyo-Ukut and facilitated by the Enwang Council of Chiefs, led by our respected clan head “.
He further stated that the company is dedicated to social inclusion and its approach is to grow alongside its communities in a socially responsible manner while operating in an environment that fosters value creation and sustainable development.
Dr. Indimi revealed that “Since we commenced operation, we have created an annual scholarship fund which has seen over 470 scholarships awarded since 2009, at post primary and tertiary levels to recipients in Akwa Ibom. We have also trained over 270 youth at seven Skill Acquisition Centres in Uyo, Oron, Eket and Ewang in Akwa Ibom state, all of whom received starter packs and start-up funds for their businesses. In addition, we have begun to engage other operators in Akwa Ibom State to create a sustained funding program of sponsorship for the University of Uyo’s Department of Petroleum and Chemical Engineering.”