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Go-ahead for the sale of NAOC obtained
Following the agreement signed in September 2023 between Eni and Oando PLC for the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd), in July 2024 we received formal consent to the transaction from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and obtained all other necessary approvals from the competent local and regulatory authorities. We will now be able to complete the transaction, following which we will continue to be present in the country through Nigerian Agip Exploration (NAE) and Agip Energy and Natural Resources (AENR).
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The Green River Project (GRP) is an integrated agricultural initiative that was set up with the aim of contributing to local economic development and improving the quality of life of communities in the Delta, Imo, Rivers and Bayelsa States. The GRP aims to ensure food safety and sustainable entrepreneurship by involving local farmers and developing the potential of women and young people.
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Project features
Activity start date: 1987 – present
Nigeria
Economic diversification
SDG 1 No poverty
SDG 2 Zero hunger
SDG 5 Gender equality
SDG 8 Decent work and economic growth
Nigerian Agip Exploration (NAE)
Agip Energy and Natural Resources (AENR)
International Institute for Tropical Agriculture (IITA) – Past Partner
National Root Crop Research Institute (NRCRI) – Past Partner
National Stored Product Research Institute (NSPRI) – Past Partner
West African Rice Centre (WARDA) – Past Partner
International Livestock Research Institute (ILRI) – Past Partner
Rivers State University of Science and Technology (RSUST) – Current partner
Michael Okpara University of Agriculture, Umudike - Current partner
Federal University Otuoke, Bayelsa – Current partner
National Horticultural Research Institute (NIHORT) – Past Partner
African Regional Aquaculture Centre (ARAC) – Past Partner
Project actions and objectives
Agricultural development in Nigeria
Through partnerships with international research institutes, we are developing projects within our concessional areas. Thanks to the feasibility studies by the Rivers State University of Science and Technology (RSUST), we have raised awareness around opportunities in the agricultural sector since the late 1990s. The Green River Project, promotes programmes that foster employment, establishes cooperative societies and associations, and provides practical information on the use of agricultural products.
The project has introduced microcredit to farmers and increases the employability of young people and women
The project has introduced microcredit to farmers and increases the employability of young people and women
The involvement of local co-operatives
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The project has introduced microcredit to farmers and increases the employability of young people and women
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The project has introduced microcredit to farmers and increases the employability of young people and women
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The involvement of local co-operatives
Agricultural, food and financial education
The GRP involves the population by ensuring greater availability of food and easier access to financial services. Through a microcredit programme for young people and women, the Green River Project aims to encourage the economic growth and promote banking habits of the communities.
The impact on the environment and the community
Based on a comprehensive Agricultural Extension Service Delivery system (AESD), the GRP aims to increase agricultural productivity in the Niger Delta and to prevent further deterioration of the soil through the use of better farming techniques. It also aims to enhance farmer incomes, and thereby the quality of life of farmers, through the adoption of improved and sustainable farming systems. In addition, soil analysis, fertilization plans and soil conservation are carried out to minimize the environmental footprint.
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Highlights
57%
women
among farmers in 126 communities
3,8 k
youngsters
in receipt of training courses
17
cooperatives
of farms compared to the all-female total
57%
women
among farmers in 126 communities
3,8 k
youngsters
in receipt of training courses
17
cooperatives
of farms compared to the all-female total
Eni for 2023. A just transition
Browse our voluntary sustainability report. Stories, case studies and testimonials on Eni's contribution to an increasingly sustainable, secure and affordable energy.
Last update: 25 July 2024
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