Chevron Nigeria Ltd (CNL) has said that it’s aware of a misleading media report alleging that it has snubbed Nigeria in terms of investment prospects in 2024.
The oil multinational said the allegation “is untrue and does not represent the position of CNL in Nigeria.”
This was disclosed in a statement signed by CNL’s General Manager, Policy, Government and Public Affairs (PGPA), Esimaje Brikinn.
He said CNL’s commitment to viable relationships with stakeholders in further engendering social and economic investments in the country has not waned.
He said: “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.”
