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Reading: NLNG Disburses ₦250m To 51 Entrepreneurs 
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Citizenship Daily > Blog > Business > NLNG Disburses ₦250m To 51 Entrepreneurs 
Business

NLNG Disburses ₦250m To 51 Entrepreneurs 

Editor
Last updated: April 16, 2026 11:42 am
Editor Published April 16, 2026
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From Victor Edozie, in Port Harcourt

The Nigeria Liquidified Natural Gas, NLNG said it has disbursed a total of ₦250 million in grants to 51 entrepreneurs following the conclusion of its 2026 Vocational Innovation and Business Empowerment Scheme (VIBES), which commenced with the induction of 103 participants from its host communities in Rivers State.

The grants followed a competitive pitch-a-thon that brought the programme to a close, with participants presenting their business ideas and funding requirements before a panel of judges. Selections were based on the viability, scalability, and sustainability of each proposal.
The statement was contained in a Press Statement signed by Anne-Marie Palmer-Ikuku, NLNG Manager, Corporate Communication and Public Affairs.
Speaking at the event, NLNG’s General Manager, External Relations and Sustainable Development, Sophia Horsfall, said the grant component of VIBES is designed to ensure that participants are not left with just training, but are supported to take the next practical step in establishing their businesses.
“What we are doing with this funding is bridging the gap between learning and execution. Many small businesses struggle no
Horsfall added that the initiative reflects NLNG’s broader approach to sustainable community development, noting that combining capacity building with access to funding enables beneficiaries to make measurable progress, strengthen their businesses, and create real economic value within their communities. “It is about providing sustainable livelihoods”, she said.
In his remark, Manager, Community Relations and Sustainable Development, Yemi Adeyemi, commended participants for their dedication throughout the programme and the quality of ideas presented during the pitch-a-thon. He noted that the funding is intended to provide critical growth capital to enable beneficiaries expand operations, improve productivity, create jobs, and strengthen their market position.
He thanked all participants for their commitment and reaffirmed NLNG’s continued investment in enterprise development, and support for initiatives that build local capacity, promote entrepreneurship, and create sustainable economic opportunities in its host communities.
The pitch-a-thon according to the statement marked the culmination of a four-week intensive business capacity-building programme, during which participants were equipped with practical skills in financial management, business strategy, marketing, and operations to strengthen their enterprises.
The programme, built on innovation, scalability, and sustainability, reinforces NLNG’s commitment to inclusive economic development, integrating capacity building with funding to help entrepreneurs grow, sustain their businesses, and drive long-term impact.

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