Shell contributes to local economic growth in countries where we operate in a variety of ways.
In Nigeria, we have a partnership with five banks to assist our Nigerian contractors to access finance from the participating banks. A high percentage of our employees across the Shell Companies in Nigeria (SCiN) are Nigerians working as engineers, project managers and leaders; in fact, 95% of Shell Petroleum Development Company of Nigeria and Shell Nigeria Exploration and Production Company employees are Nigerian. In 2015, we awarded 93% of SCiN contracts to Nigerian companies.
Shell LiveWIRE: supporting young entrepreneurs
The Shell LiveWIRE programme helps young entrepreneurs to start their own business, turning their ideas into sustainable sources of income to help create jobs and stimulate local economic growth. The programme is active in 15 countries where we operate, providing business skills training and workshops' business start-up grants and awards, and linking entrepreneurs to opportunities in sectors that contribute to the local economy. We also help to facilitate access to finance, incubation, business acceleration, markets, technology and mentoring.
The Shell LiveWIRE initiatives consistently create significant benefits through the businesses they support. For example, in 2015, more than 8,000 people took part in the programme and more than 90 businesses were established.