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BusinessChevron not exiting Nigeria, says official

Chevron not exiting Nigeria, says official

Oil giant, Chevron Nigeria Limited (CNL), operator of the Nigerian National Petroleum Corporation (NNPC)/CNL Joint Venture, has dismissed a media report which claimed it was planning to exit Nigeria.

 

Restating its commitment to the country in a statement by the CNL’s General Manager, Policy, Government and Public Affairs, Esimaje Brikinn,  the company described the said report as false and “misleading”.

The statement said that “the allegation is untrue and does not represent the position of Chevron 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 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 stressed.

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