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FAQ

Frequently Asked Questions

Find answers to common questions about SLBCOOP’s services, governance, and membership.

SLBCOOP (Schlumberger Staff Credit and Investment Co-operative Society Ltd.) is a registered cooperative that pools funds from members to provide savings, loans, welfare assistance, and investment opportunities. It operates independently from Schlumberger Nigeria Limited.

Membership is open to Schlumberger staff across Nigeria. Members enjoy access to financial services, welfare benefits, and investment opportunities.

Services include savings schemes, credit facilities (personal, emergency, and project loans), welfare assistance, and member education programs. Investment activities include real estate, fixed deposits, and joint ventures.

The cooperative is run by a 10-member Management Committee elected by members for a two-year renewable term. The MC oversees policy direction, compliance, and operational performance.

Yes. Financial statements comply with International Financial Reporting Standards (IFRS), the Nigerian Co-operative Societies Act (2004), and the Financial Reporting Council of Nigeria (FRC) Act, No. 6, 2011.

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We are a cooperative society focused on empowering staff through access to credit, appliances, and welfare programs.

Address

Plot 159-165, Trans Amadi Industrial Layout, Port-harcourt, Rivers state


+234 803 741 8500
+234 703 049 4471
+234 812 733 3916

support@slbcoop.com

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