COY promises to offer free internship to 600 Nigerian students every year – Nigerian Observer

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… Beginning of operations in April

EGBOKOR (ORHIONMWON) – The management of Duport Midstream Company Limited (DMCL), an energy park in Egbokor community in Edo State, has promised to offer an internship program to 100 students in all disciplines of engineering from each of the top six Nigerian universities.

Akintoye Akindele, the CEO of the company, who embarked on an inspection tour of the facility alongside other partners in Egbokor recently, said 100 students from Obafemi Awowolo University would be the first to benefit from this gesture.

Akindele said the first phase of the facility, which includes a modular refinery, gas processing facility, data center and power plant, would begin by April 2022.

“We are proud to announce that 100 students are on internship each year to experience this project. To start, we will offer an internship program to 100 students from Obafemi Awolowo University and their emoluments will be based on the minimum wage and will be housed in staff quarters.

“Thereafter, it will be extended to the six best universities in the country, that is 600 students per year, Akindele said.

He said the project has over 70% local content with 95% of the total workforce being Nigerians.

“It is an energy park from the perspective of all sources such as gas, electricity, oil, then data center technology added. We have merged the old energy industry and new technology to create a modern carbon-storage business that not only provides a positive environment, creates jobs and also builds the confidence of local engineers.

“Hundreds of millions of dollars have been invested in this project and it is 99% locally funded by the government through the Nigerian Content Development Board (NCDMB), by bankers through the First City Monument Bank (FCMB), Union Bank, Zenith Bank and Polaris Bank. . percent of this funding was from local shareholders.

Eyitope Ogunbodede, Vice Chancellor of Obafemi Awowolo University, while expressing his gratitude to Duport, said the institution is ready to work with the company.

“I am here as Vice-Chancellor representing management, staff and students to thank the partners in this project. We believe there are mutual benefits we can derive from this partnership.

“We look forward to when our students will be here to enjoy the good things happening to Nigerian students. We’re not just talking about our students, our staff will also want to be here to see how they can work with the company,” Ogunbodede said.

Deputy High Commissioner of the Canadian High Commission, Teshome, Nkrumah, Lorato Molebasti, Samantha Petersen, Adeola Ajibade, Shakti Satgapal, Matthew Pratt, Tomi Amosun, Prishani Satyapa and Norsad Capital CEO Kenny Nwosu were among the representatives partners when visiting it.

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