Segilola Resources Unveils Livelihood Programme For Osun Communities

Nigeria’s first large-scale gold mining firm and a subsidiary of Thor Explorations Ltd (Thor), Segilola Sources Working Restricted (SROL), has launched a brand new part of its Livelihood Restoration Programme (LRP), reinforcing its dedication to delivering sustainable, long-term worth to its host communities in Osun State.

The occasion, which happened on July 1, 2025, on the Iperindo Group New City Corridor, introduced collectively neighborhood members, conventional leaders, and native stakeholders.

The distribution marked a big step in Segilola’s ongoing efforts to advertise sustainable agriculture, cut back environmental influence, and foster self-sufficiency inside its host communities.

Talking on the occasion, Engr. Sikiru Haruna, Senior Mining Engineer at Segilola Sources, said: “The Livelihood Restoration Programme displays our perception that growth ought to transcend compensation. It’s about enabling native farmers to construct stronger, extra resilient futures via sustainable agricultural practices. Investing in initiatives like these lays the muse for financial independence and environmental stewardship inside our host communities.”

Additionally in attendance was Nurudeen Bello, Government Secretary of the Workplace of Pure and Mineral Sources, representing Professor Lukmon Adekunle Jimoda, Chairman of MIPREMCO, Osun State Chapter. He applauded the initiative, signalling sturdy assist and recognition of its worth to the neighborhood.

In accordance with the corporate, the Livelihood Restoration Programme (LRP), applied alongside paid compensation for project-affected individuals, is designed to strengthen financial resilience and promote environmentally accountable livelihoods.

“In 2023, Segilola Sources Working Restricted (SROL) commissioned key LRP initiatives in its host communities, together with fish and vegetable farms, as a part of its dedication to sustainable growth. Constructing on this basis, the programme’s newest part focuses on two main agricultural interventions: oil palm high-yield seedling distribution and cocoa rehabilitation. As a part of the cocoa rehabilitation initiative (Section 2), Segilola distributed 400 high-yield cocoa seedlings and agrochemicals to every of the 23 chosen beneficiaries from the host communities. Below Section 1, 100 high-yield oil palm seedlings and agrochemicals have been offered to every of the seven beneficiaries. These efforts goal to empower native farmers to ascertain productive and sustainable farms that may ship long-term financial advantages,” the corporate stated.