Category: News

Famfa Oil Update on CACOVID activities

FAMFA Oil is a member of the CACOVID initiative. On the expenditure side, CACOVID has far incurred expenditure, in the sum of N43,272,562,831 on the acquisition of, not only medical equipment and supplies but also Food palliatives for the vulnerable amongst us. The funds raised by CACOVID was used to support 3 key priorities. These priorities include;

  1. Medical Facilities and Equipment – Working with other stakeholders, CACOVID developed 39 fully equipped isolation centers across the 36 States of the Country including the Federal Capital Territory ( FCT). The sum of N4,194,262,899 was spent on Building Isolation Centers. In addition, medical equipment such as PCR test kits for suspected cases of COVID-19 was procured along with other required medical items at a cost of N9,017,561,723. This support by CACOVID enabled many states to deal with an unexpected surge in cases of COVID-19.
  2. Food Relief Programs – As part of our efforts to cushion the effects of the lockdown on vulnerable Nigerians affected by the restrictions in movement, CACOVID provided palliatives in the form of essential food items to 1.7m households, which is equivalent to supporting 8 million Nigerians. A total of N28,767,590,517 was spent procuring these Food supplies. These palliatives were acknowledged and disbursed by various state governments, and a schedule showing the various quantities and dates of delivery will also be posted on our website for public scrutiny. Our intention for distributing these items through the State Government, just like in the case of the isolation centers was based on the thinking that the state governments have the closest contacts with the most vulnerable in our society for whom this support was meant.
  3. Communication Plans – CACOVID also worked to improve awareness in rural communities on the COVID-19 virus, and the measures community health workers and other members of society should take when someone in the community is suspected of having symptoms similar to that of COVID-19. Print, TV, radio, and social media were leveraged as part of CACOVID communication plans.

Famfa Oil Sponsors Africa Oil Week Virtual Conference

To commemorate the work and impact of the oil and gas sector, Famfa Oil Limited proudly sponsors Africa Oil Week Virtual (AOW) 2020. AOW prides itself on offering unrivalled opportunities that drive investment and deal-making across the continent. As the world rallies over the impact of the coronavirus, for the very first time, AOW opens its door […]

FAMFA Oil Limited and Agbami Partners donate Science Laboratory Complex to Senior Science College in Akwa Ibom State

On the 16th of July 2020, The Akwa Ibom State Government commended FAMFA Oil Limited, Star Deepwater Petroleum Limited and other Agbami field partners for the donation of a science laboratory complex to Senior Science College, Ndon Eyo, Onna during the handover ceremony of the project. The educational facility comprised of well-equipped Physics, Chemistry and Biology laboratories. […]

FAMFA Oil Pledges N1bn To Support FG’s Fight Against Coronavirus Mr. and Mrs. Modupe and Folorunso Alakija through Famfa Oil Pledge N1 Billion Naira to Support Nigeria’s Fight Against COVID-19. As the world rallies to deal with the health, security, economic and social implications of the coronavirus, it’s clear that we will feel the effects much more deeply than many of the developed world. […]

News Report – FAMFA Oil Literacy Day 2020

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FAMFA Oil Literacy Day 2020

FAMFA Oil Limited hosted its annual Literacy Day on the 6th of March 2020 at the City Hall in Lagos. The program was themed ‘Readers are Leaders’ and empowered students inclusive of teachers from low fee-paying primary schools in Lagos State. Following the success of the World Book Day-Fuelled by FAMFA in 2019, The FAMFA […]

Countdown to FAMFA Oil Literacy Day 2020

The 2020 FAMFA Oil Literacy Day is themed: “Readers are Leaders.”⁣ This event is aimed at promoting a reading culture among pupils in primary schools. A strong foundation in literacy builds confidence, improves ones academic performance and facilitates the desire to learn more. At FAMFA, we are passionate about education and empowering children for the […]

FAMFA Oil Limited and Agbami Field Parties donate Hybrid Libraries and Science Laboratories to Girls’ Schools in Northern Nigeria.

On the 21st of November, 2019 FAMFA Oil Limited in collaboration with its Agbami Field Parties (Star Deepwater, Petrobras, Equinor and NAPIMS)  donated a science laboratory complex to the students of Government Girls’ Secondary School (GGSS) Biu as well as provided Hybrid Libraries for the pupils of Government Girls’ College (GGC) Maiduguri and Day Women […]

FAMFA Oil Limited and its Agbami Field Parties promoting STEM Education in Nigeria

On the 29th of November, 2019 FAMFA Oil Limited and several Agbami Field parties including Star Deep Water Petroleum, Equinor Nigeria Limited and Petrobras, in partnership with the Lagos Business School (LBS) as well as the Working to Advance STEM Education for African Women (WAAW) foundation, hosted the fourth edition of the STEM (Science, Technology, Engineering and Mathematics) Symposium at the Honeywell […]