By Jimitota Onoyume
PORT HARCOURTâ€”CHEVRON is to spend N118 million on the first phase of its scholarship scheme.
This was made known in Port Harcourt by the Managing Director of the oil giant, Mr. Andrew Fawthrop.
According to him, 860 students are to benefit from this first phase of the programme.
Fawthrop, who spoke through the Manager, Deep Water Asset, Mr. Steve Shryyock duringÂ presentation of the scholarship awards to the first set of 179 beneficiaries from Rivers State,Â urged theÂ beneficiaries to sustain the mandatory 3.0 grade point average or an equivalent of 60 % scores in the university to remain beneficiaries of the scholarship.
He said any of beneficiaries who dropped from the mandatory 3.0 grade point would automatically be excluded from the scholarship scheme which would run for five academic sessions.
â€œFor this scholarship scheme alone, N118 million has been earmarked for 860 beneficiaries during this first session.
“The figures will increase significantly from next year as awareness of and participation by students in the programme increase,â€ he said.
The beneficiaries were drawn from Rivers students in professional courses as medicine, engineering etc.
On his part, Chairman of the Rivers State Scholarship Board, Dr Elechi Amadi, commended the initiative by the oil giant to provide the scholarship assistant.
He said the 179 students were selected from a rigorous examination and interviews.
Urging other firms doing business in the state to emulate the gesture of Chevron, Amadi said the place of education in national development could not be over-emphasized.
â€œThe paramount role of education in the life of any nation cannot be overemphasized.Â All other government programmes will ultimately collapse if education is not accorded the priority it deserves,â€ he said.
One of the beneficiaries, Miss Long John Awolayeofori, who spoke on behalf of others, thanked Chevron for the scholarship offer, and assured that the beneficiaries would utilize the opportunity very well.