Creating a Social Impact
Over US$1.5 million invested in our social impact projects since 2014
It is key for us to be a responsible and committed partner in both Nigeria and Niger, demonstrating our corporate philosophy that all stakeholders should share in our prosperity, including our local host communities. Our key social investment strategies and projects have been designed to contribute to the socio-economic development of Savannah’s operational areas in both Nigeria and Niger. In 2019 we invested over US$295,000 in 22 social impact projects in Nigeria and Niger.
Savannah enjoys mutual trust and transparency with our local host communities and stakeholders, which further reinforces the high levels of community support, loyalty and goodwill we receive, ensuring that Savannah’s operations, projects and activities can proceed safely and unhindered.
Social impact investment in 2019
It is key for us to be a responsible and committed partner in Nigeria, demonstrating our corporate philosophy that all stakeholders should benefit from our projects, including our host communities. We are proactive in our approach with a focus on delivering social impact projects which develop local skills and foster economic self-sufficiency, provide shared infrastructure and potable water facilities as well as improving local living conditions through a range of health and education initiatives.
Savannah has a well-established local content policy in Nigeria, having spent US$281 million with local contractors and suppliers since 2014. We employ 131 people in country, the vast majority (99%) of whom are local workers.Read more
Social impact projects are selected annually in consultation with the leadership of the local communities and the relevant local authorities. Our approach is focused on those projects which will positively impact living conditions, such as improvements in health and education, facilities for the provision of potable water and support for livestock.
We and our subcontractors have a local content policy in place which includes recruiting local community residents whenever possible during drilling and seismic campaigns as well as sourcing as many local supplies for projects as possible. All of our employees in Niger are local, save one expatriate, while 90% of the employees at our logistics base are drawn from the surrounding communities in line with our local content policy.Read more