INTRODUCTION: BACKGROUND INFORMATION
The Students Industrial Work Experience Scheme (SIWES) is the accepted skills training programme, which forms part of the approved minimum academic standards in the various degree programmes for all the Nigerian Universities. It is an effort to bridge the gap existing between theory and practice of engineering and technology, sciences, agriculture, medical, management and other professional educational management and other professional educational programmes in the Nigerian tertiary institutions. It is aimed at exposing students to machines and equipment, professional work areas and workers in industries and other organizations. The minimum duration for the programme as directed by the Industrial Training Fund (ITF) and the Nigerian Universities Commission (NUC) is 6 months. The Scheme is a tripartite programme involving the students, the universities and the industry (employers of labour). It is funded by the Federal Government of Nigeria and jointly coordinated by ITF and NUC.
1.1.2 Objectives Of SIWES
Specifically, the objectives of the Students Industrial Work Experience Scheme are to:
i. Provide an avenue for students in the Nigerian Universities to acquire industrial skills and experience in their course of study;
ii. Prepare students for the work situation they are likely to meet after graduation;
iii. Expose students to work methods and techniques in handling equipment and machinery that may not be available in the universities;
iv. Make the transition from the university to the labour world easier and thus enhance students contacts for later job placement;
v. Provide students with an opportunity to apply their theoretical knowledge in real work situation, thereby bridging the gap between University and actual practice and
vi. Enlist and strengthen employers’ involvement in the entire educational process of preparing University graduates for the employment industry.
2. History Of The Nigerian National Petroleum Corporation (KRPC)
1. Company Perspectives:
The Nigerian National Petroleum Corporation (NNPC) is the driving force behind the economic development of Nigeria, providing fuel and feedstock for the nation's industrial facilities and meeting the energy needs of individual customers and commercial enterprises. NNPC is the major revenue earner for the nation. NNPC's operations span the length and breadth of Nigeria and involve the entire spectrum of the petroleum industry.
1908: Oil is discovered in Nigeria.
1971: Nigeria decides to join OPEC; Nigerian National Oil Corp. (NNOC) is created. 1977: NNOC becomes Nigerian National Petroleum Corp. (NNPC). 1981: NNPC decentralizes into nine subsidiaries.
1999: Nigeria adopts a new constitution; democratically elected president Olusegun Obasanjo is inaugurated. 2003: The government begins to deregulate fuel prices and announces that its four major oil refineries will eventually be privatized. 2005: The Company signs a $1 billion contract with Chevron Texaco Nigeria to construct the Floating, Production, Storage, and Offloading Vessel (FPSO) for the Agbami deep offshore oil field.
2. Company History
The Nigerian National Petroleum Corporation (NNPC) is the holding company that oversees the Nigerian state's interests in the country's oil industry. The company is composed of four main operating units: Refineries and Petrochemicals; Exploration and Production; Finance and Accounts; and Corporate Services. Oil production is the cornerstone of Nigeria's economy--the country ranks as the largest oil producer in Africa. A total of 95 percent of the country's foreign exchange revenue stems from NNPC's operations. Oil operations account for 20 percent of the country's gross domestic product and NNPC is responsible for nearly...
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