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The Facts on NNPC/MPN Multi-Year Projectsin Akwa Ibom State
www.exxonmobil.com.ng
Background
In July 2013, Mobil Producing Nigeria Unlimited
(MPN), operator of the Nigerian National Petroleum
Corporation (NNPC)/MPN Joint Venture,
announced plans to make multi-year social
investments with a total value of N26 Billion in Akwa
Ibom State. These investments are in addition to the
joint venture's regular annual community
development projects.
The social investment package funds both short-
and long-term projects for MPN's neighbouring
communities, as well as other parts of Akwa Ibom
State. Short-term projects include contributions for
the Eket-Ibeno road reconstruction and Special
Community Projects II in the four communities
surrounding MPN's operations in Qua Iboe Terminal
(QIT), as well as four coastal communities.
Long-term projects include contributions to
proposed projects such as Ibeno Beach
enhancement, upgrade of University of Uyo
Engineering faculty and design and construction of
Trauma Centre University of Uyo Teaching Hospital.
Working together, we can deliver more value to our
communities!
What Special Projects II is not:
1. It is NOT a palliative or compensation for any oil spill
What Special Projects II is:
1. It is a social investment across our neighbouring and coastal
communities
2. It is an act of goodwill done in good faith
3. Communities undertook to sustain peaceful
atmosphere/conduct
Project Governance and Payments:
1. Managed by a Steering Committee comprising Akwa Ibom
State Government, communities and the JV
2. Stewarded by indigenous Project Managers
3. Projects and contractors are nominated by benefitting
communities
4. JV pays project managers on agreed performance milestones
Update on Activities and Payment Status:
The Special Projects II, since inception in 2014, has provided the
following:
* PMC - Project Management Cost* DPC - Direct Project Cost * S/C - Signage & Commissioning
Community Total Project Cost (N) Payment Status
Project Status
Ibeno 1,471,500,000 (DPC, PMF & S/C)
(DPC, PMF & S/C)
(DPC, PMF & S/C)
(DPC, PMF & S/C)
(DPC, PMF & S/C)
(DPC, PMF & S/C)
(DPC, PMF & S/C)
(DPC, PMF & S/C)
90% 70%
Eket 1,275,300,000 25% 26%
Esit Eket 1,177,200,000 40% 46%
Onna 981,000,000 90% 80%
Eastern Obolo 272,500,000 25% 30%
Mbo 272,500,000 25% 30%
Mkpat Enin 272,500,000
25% 30%
Ikot Abasi 272,500,000
25% 30%
Sub Total 5,995,000,000
Close Out/Community Awards
5,000,000
Grand Total 6,000,000,000
Projects Amount (N) Payment Status Project Status
Eket-Ibeno Road Counterpart Fund 8,000,000,000 100% since 2014 60%
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