Chevron: We’ll support FG’s policy to improve oil and gas sector

Chevron Nigeria Limited has reiterated its commitment to building mutually beneficial partnerships and supporting the Federal Government’s Nigerian Content Development (NCD) policy aimed at building indigenous capacity in the country’s oil and gas industry.

The Chairman/Managing Director of Chevron Nigeria and Mid-Africa Business Unit, Rick Kennedy, said this in a statement issued on Sunday to felicitate Nigerians on the country’s 62nd independence anniversary.

Kennedy said Chevron companies in Nigeria have continued to demonstrate their commitment to the socio-economic development of the country through promoting partnerships and supporting the policies of the government on NCD.

He said: “We are proud of our partnership and contributions to the social and economic development of the country. We have learnt through decades of operating in Nigeria that our business success in providing affordable, reliable, ever-cleaner energy is directly tied to the progress and prosperity of the people we work with and the communities where we operate.

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“It is for this reason that we have continued to demonstrate our commitment to building mutually beneficial partnerships and supporting the Federal Government’s Nigerian Content Development (NCD) policy aimed at building indigenous capacity in the nation’s oil and gas industry

“Chevron companies in Nigeria are at the forefront of promoting Nigeria’s ideals of Nigerian Content Development. The overall objective of Chevron’s Nigerian Content (NC) Strategy is to encourage the participation of Nigerian companies in the oil and gas industry through the deliberate creation of business opportunities for Nigerian service providers and suppliers.

“We have helped in building the capacities of several Nigerian businesses by providing contracts and procurement opportunities to Nigerians on all projects in our operations.

“Chevron is also helping to grow the Nigerian economy by contributing to the development of communities in the areas of our operation. We do all this, not just because it is required by law, but because it is the right thing to do.

“In the last 10 years, for instance, Chevron Nigeria Limited (CNL) has spent an estimated annual average of $1 billion on Nigerian suppliers and service providers.

“Chevron is proud to be a part of Nigeria’s socio-economic development. We will continue to help build Nigerian businesses through the harnessing of its tremendous human resources and capacity; and support for Nigerian Content policy of the Federal Government,” Kennedy stated.

The Star