Firm Deepens Community Investment With Empowerment, Scholarship Programmes

Segilola Resources Operating Limited (SROL), a subsidiary of Thor Explorations Ltd and operator of Nigeria’s first commercial gold project, the Segilola Gold Mine in Osun State, has reaffirmed its commitment to sustainable community development through the successful implementation of its 2025 Segilola Women Initiative Programme (SWIP) and Scholarship Scheme.

The award ceremonies, held on October 17, 2025, at the Iperindo Community New Town Hall in Osun State, drew over 645 attendees and celebrated 90 beneficiaries, including 60 scholarship recipients and 30 women entrepreneurs. The event underscored SROL’s ongoing investment in education, enterprise, and inclusive growth across its host communities.

Speaking at the event, SROL’s Community Development and Stakeholder Manager, Madhurii Sarkar-Amoda, said the company’s community initiatives reflect its belief in human capital development as the foundation for lasting progress.

“At Segilola Resources, we believe that genuine and lasting impact begins with people—empowering them through education, enterprise, and opportunity,” she said. “Our programmes are designed not only to provide immediate support but also to build the foundation for long-term growth and self-reliance within our host communities.”

She added that SROL remains committed to ensuring its operations contribute positively to the social and economic advancement of its host communities, fostering inclusion, dignity, and shared prosperity.

According to the firm, through the SWIP, Scholarship Scheme, and Youth Empowerment Programme, Segilola Resources continue to strengthen its reputation as a responsible mining company that prioritises people, education, and empowerment at the heart of its operations, while promoting sustainable and responsible mining practices across Nigeria.

Dignitaries present at the event included representatives from host communities, government agencies, and partner institutions. Among them were Town Planner Omoniyi Temitope, representing HRM Oba Isaiah Adedeji, the Tirimi of Iperindo; Chief Gbenga Oladunjoye, the Loyin of Iperindo; Chief Abiodun Abe, the Riisa of Iperindo; Comrade Paul Obasanya, Chairman of Imogbara Community; Chief Ademola Osobu, the Ejemu of Imogbara; and representatives from Odo-Ijesha.

Government officials in attendance included Engr. Wasiu Adeboye, Osun State Federal Mines officer, and Anita Kpade, MEC Officer. SROL was represented by its Finance and Administrative manager, James Olubanwo, and Deputy Human Resources Manager, Mr Femi Ajayi Peter, along with a delegation from the Federal Road Safety Corps.

Since its launch in 2021, the Segilola Women Initiative Programme has empowered over 100 women to achieve financial independence and strengthen their participation in local economies. This year, another 30 women from host communities received business equipment, including freezers, sewing and stoning machines, digesters, multipurpose grinders, and gas burners with cooler sets, to support their small enterprises.