• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Energy

NLNG introduces $1,300 business grants for Rivers youths under new VIBES program 

Caleb Obiowo by Caleb Obiowo
April 29, 2025
in Energy, Sectors
Dr. Philip Mshelbila
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Liquefied Natural Gas (NLNG) Limited has launched a new economic empowerment initiative in Rivers State, the Vocational, Innovation, Business, and Empowerment Scheme (VIBES), which will offer business grants of $1,300 each to the top 50 participants.

The programme was inaugurated on Monday in Port Harcourt, as announced by NLNG’s General Manager of External Relations and Sustainable Development, Dr. Sophia Horsfall, through the Manager of Community Relations and Sustainable Development, Charles Epelle.

According to Horsfall, VIBES will replace the Youth Empowerment Scheme (YES), which began in 2004, and will target over 110 host and pipeline communities across Rivers State.

RelatedStories

London court orders Nigeria’s NLNG to Pay $380 million over undelivered cargoes 

London court orders Nigeria’s NLNG to Pay $380 million over undelivered cargoes 

February 25, 2025
Nigeria’s LNG exports drop by 20% as pipeline vandalism persists  

Nigeria’s LNG exports drop by 20% as pipeline vandalism persists  

January 30, 2025

Beneficiaries will undergo hands-on training to build technical and managerial capacity, with the top 50 receiving their grants in two tranches, along with mentorship, networking, and business support services.

“The Nigerian Liquefied Natural Gas (NLNG) has announced the launch of the Vocational, Innovation, Business, and Empowerment Scheme (VIBES) for its more than 110 host and pipeline communities in Rivers,” the NAN report read in part.

It further quoted Horsfall as saying: “Beneficiaries will undergo professional, practical, and participatory training designed to build robust technical and managerial capacities. 

“The top 50 participants will each receive a grant of 1,300 dollars (about N2.91 million), disbursed in two tranches.” 

According to Horsfall, NLNG believes that entrepreneurship goes beyond starting businesses—it involves creating opportunities that drive economic growth and social transformation.

She added that the company’s goal is to nurture local capacity and enable individuals to become creators of jobs, wealth, and lasting impact.

More insights  

Horsfall noted that over the past 21 years, more than 1,400 youths were trained under the YES programme in fields such as automotive engineering, advanced welding, catering, hotel management, fashion design, cosmetology, farm management, ICT, and photography and video production.

  • However, only about 300 successfully established viable businesses, underscoring the need for a more sustainable model.
  • To address this challenge, NLNG launched the VIBES scheme in partnership with experts in entrepreneurship, business development, law, technology, and innovation sectors.
  • She noted that the programme offers professional, practical, and participatory training designed to strengthen participants’ technical and managerial capacities for thriving in competitive business environments.

Beneficiaries will also access mentorship, networking opportunities, and business support services to help scale and sustain their enterprises effectively.

NLNG expressed strong confidence that VIBES would deliver stronger, more measurable outcomes than its predecessor by equipping participants with the critical tools needed for long-term business success.

Tags: NLNGVIBES program
Caleb Obiowo

Caleb Obiowo

Caleb Obiowo has a degree in Urban and Regional Planning from the University of Uyo. With over three years of experience writing about a range of topics, Caleb is dedicated to educating his audience through useful content. He is currently an analyst at Nairametrics focused on exploring the Nigerian transportion, construction, and real estate sectors, among others.

Related Posts

London court orders Nigeria’s NLNG to Pay $380 million over undelivered cargoes 
Energy

London court orders Nigeria’s NLNG to Pay $380 million over undelivered cargoes 

February 25, 2025
Nigeria’s LNG exports drop by 20% as pipeline vandalism persists  
Energy

Nigeria’s LNG exports drop by 20% as pipeline vandalism persists  

January 30, 2025
FG proposes 30% advance payment from NLNG to expedite Bodo-Bonny road project 
Real Estate and Construction

FG proposes 30% advance payment from NLNG to expedite Bodo-Bonny road project 

October 7, 2024
Mele Kyari,
Energy

NNPC, TotalEnergies to invest $550 million in gas projects in Nigeria – Report  

June 19, 2024
LNG: Global markets puts Venture Global LNG and NLNG in perspective
Corporate Updates

LNG: Global markets puts Venture Global LNG and NLNG in perspective

June 12, 2024
Dr. Bosun Tijani
Sectors

FG to launch SPV for delivery of 90,000km of fibre in Nigeria

May 14, 2024
Next Post
EFCC to sue suspects linked to $86,500, 305,150 Riyals intercepted at Kano Airport 

EFCC to sue suspects linked to $86,500, 305,150 Riyals intercepted at Kano Airport 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Flutterwave CEO appointed as a Jury at the inaugural Money20/20 Awards 
  • Bet9ja Foundation awards N10 Million to Martech Store at ScaleUp Business Pitch Challenge  
  • Science of Trade Conference 2025 delivers Bold Vision for Africa: Certification, innovation, trade access & women empowerment across 3 transformative days 

Follow us on social media:

Recent News

Flutterwave CEO appointed as a Jury at the inaugural Money20/20 Awards 

Flutterwave CEO appointed as a Jury at the inaugural Money20/20 Awards 

May 22, 2025
Bet9ja Foundation awards N10 Million to Martech Store at ScaleUp Business Pitch Challenge  

Bet9ja Foundation awards N10 Million to Martech Store at ScaleUp Business Pitch Challenge  

May 22, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics