Oil

Chevron Nigeria Limited Reiterates Commitment to Development of Neighbouring Communities

Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL (“NNPCL/CNL JV”), reiterates its commitment to the socio-economic development of its neighbouring communities.

CNL confirms that about 08:40hrs, on May 16, 2023, some protesters from Ugborodo community occupied a third-party facility at CNL’s pipeline repair work site and continued to protest around the perimeter fence of the Escravos Terminal in CNL’s Western area of operations. The protesters complained about their alleged non-inclusion and engagement in the Host Community Development Trust (“HCDT”) formation process. They also raised issues on the provision of social amenities to the community.

CNL is engaging with the relevant stakeholders including the traditional rulers and community leaders to resolve the issues amicably and ensure the peaceful vacation of the protesters.

CNL has a long-standing relationship with the Ugborodo community and continues to contribute to the socio-economic development in Ugborodo community.

CNL reiterates its commitment to continue working with the relevant stakeholders to maintain peace and advocate for respect for the rule of law and adoption of constructive dialogue in the resolution of all issues.

CNL places the highest priority on and remains committed to the protection and safety of people, the environment, and its assets.

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