Richard Ginika Izuora
Chevron Nigeria Limited, CNL, operator of the joint venture between the Nigerian National Petroleum Company, NNPCL, and CNL, has restated its commitment to maintain its investment in Nigeria.
The company said it is not exiting Nigeria as allegedly reported.
Chevron noted that the allegation is untrue and does not represent the position of Chevron in Nigeria.
The oil major said it 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, it said.