By Ovie Okpare
Chevron Nigeria Limited has described as untrue that it planned to snub Nigeria in terms of investment prospects in 2024.
The company said it is committed to sustaining her social investments in the country in the coming year and beyond.
In a statement signed by the CNL’s General Manager, Policy, Government and Public Affairs, Esimaje Brikinn, Chevron denied media reports (not by NIGER DELTA TODAY Online) that it planned to snub the country in investments.
According to the statement, CNL, along with industry peers in Nigeria, will continue to engage the government on policies and opportunities to ensure global competitiveness and sustainability of the petroleum industry.
“Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL is aware of a misleading media report alleging that CNL has snubbed Nigeria in terms of investment prospects in 2024.
“Please note that the allegation is untrue and does not represent the position of CNL in Nigeria.
“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 affirms that capital discipline and higher returns to shareholders remain some of our top priorities. 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”, the statement added.
