GNPC to donate $250,000 to four universities annually

The Ghana National Petroleum Corporation (GNPC) has made known its intentions to donate $250,000 to four tertiary institutions annually for the next four years.

This benevolent initiative forms part of the corporation’s plans to promote quality education in science, technology, engineering and mathematics.

The beneficiaries are the University of Ghana, the Kwame Nkrumah University of Science and Technology (KNUST), University of Mines and Technology (UMaT) and the University of Cape Coast (UCC).

Speaking at the 2018 Ghana Economic Outlook and Business Strategy Conference, the General Manager for Sustainability at GNPC, Dr. Kwame Baah-Nuakoh said the money will be used to upgrade selected departments at the four universities in order to improve their quality of education.

“GNPC is providing $250,000 to each of the four universities annually for the next four years. The idea here is that, in the next four years, the geosciences department at University of Ghana should be upgraded to a level that we can also call them world class departments. The petrochemical engineering department at KNUST is also supposed to be upgraded. The mining engineering department at UMaT the same and then petroleum commerce department at UCC”, Dr. Baah-Nuakoh disclosed.

The GNPC Foundation recently awarded GH¢9,000 worth of scholarship each to 134 students of the University of Ghana for the 2017/2018 academic year.

The scholarship scheme, which covers tuition, living expenses, book allowance, and dissertation or project allowance, is the largest support offered by a sole organization, benefiting 700 awardees of public tertiary institutions across the country.