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Chevron spends $1bn annually on Nigerian content development

Ademola Damilola by Ademola Damilola
December 19, 2023
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Chevron spends $1bn annually on Nigerian content development
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Chevron Nigeria Limited (CNL) has stated that it spends over $1 billion on supporting Nigerian content development through employment and contract opportunities for Nigerians. The General Manager, Policy, Government and Public Affairs at CNL, Mr. Esimaje Brikinn, disclosed this information at a one-day capacity-building program organized in collaboration with the Nigeria Union of Journalists (NUJ), Federal Capital Territory (FCT) Council, in Abuja.

During the training, topics such as the “Benefits of Social Media and Internet Influence on Media Development,” “Understanding Cyber Laws and Safety of Journalists in Nigeria,” and “Media in Developing Countries: Nigeria as a Case Study” were covered.

Brikinn, represented by Mr. Victor Anyaegbudike, the General Manager, Corporate Communications, emphasized that CNL prioritizes human investments that result in long-term transformative effects. He highlighted the company’s contribution to the sustainable development of communities where it operates through the Global Memorandum of Understanding (GMoU). The GMoU is a community-led participatory partnership model initiated by CNL in 2005.

Through the GMoU, CNL has contributed billions of naira to Regional Development Committees (RDCs) representing communities in its operational areas. These funds have been used to execute hundreds of projects in the communities, following a governance model that ensures transparency and accountability. Brikinn mentioned that CNL is working with relevant government and community stakeholders to transition to Host Community Development Trusts under the Petroleum Industry Act.

Additionally, CNL, through Chevron’s Foundation for Partnership Initiatives in the Niger Delta (PIND), is impacting hundreds of lives in the Niger Delta and supporting economic empowerment in the region. Brikinn pledged CNL’s continued partnership with the media for societal development and emphasized the importance of capacity building for media practitioners to enhance their ability to perform their duties.

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