Site icon businessstandardsng.com

Chevron Denies Plan To Exit Nigeria, Restates Commitment 

Chevron Nigeria Limited (“CNL”), has denied media reports insinuating that it is planning to exit Nigeria. The company described such reports as misleading and should not be taken seriously.

“Please note that the allegation is untrue and does not represent the position of Chevron in Nigeria,” the company stated.

According to a press statement signed by Esimaje Brikinn, General Manager, Policy, Government and Public Affairs Chevron Nigeria Limited, the company states that: “CNL remains committed to sustaining the existing mutually beneficial and long-term relationship with Nigeria and other stakeholders as demonstrated by our significant economic and social investments in Nigeria over the last six decades. These investments have generated visible and viable socio-economic development in several communities across Nigeria.”

“CNL will, along with industry peers in Nigeria, continue to engage the government on policies and opportunities to ensure global competitiveness and sustainability of the petroleum industry.”

Chevron Nigeria Limited (“CNL”) is the operator of the joint venture between the Nigerian National Petroleum Corporation(NNPC) and CNL.

Olusola  Bello

Exit mobile version