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We Spend $1B Yearly For Contract Opportunities And Human Investments In Niger Delta – Chevron Nigeria

admin by admin
October 8, 2025
in Energy
Reading Time: 3 mins read
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Minister Lokpobiri Commends Chevron's Unwavering Commitment to Nigeria's Oil Sector Development

Chevron Nigeria

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Chevron Nigeria Limited has revealed that it spends an average of $1 billion yearly for contract opportunities in its area of operations. The company recently shared that part of the money also goes into investments in human and content development in the oil-rich Niger Delta region.

Speaking at the Chief Government Ekpemupolo Press Centre in Warri, Delta State, during a one-day media capacity building for members of the Nigeria Union of Journalists (NUJ), Warri Correspondents’ Chapel, CNL’s General Manager of Corporate Affairs, Mr Olusoga Oduselu, Chevron reiterated its commitment to reducing carbon emissions and gas flaring across the country.

According to him, routine gas flaring has been reduced by 97 per cent in the last ten years in its area of operation, and the firm will keep focusing on the training and retraining of journalists.

Represented by Akinbola Praise, Mr Olusoga Oduselu stated that more than 400 journalists have already been trained in similar media capacity-building programmes across Nigeria in recent years.

Pledging the company’s support to programmes that will keep guaranteeing an enabling environment for business and the residents, he disclosed that via content development activities, Chevron has aided the transformation of several lives in the Niger Delta region.

“CNL seeks to make human investments that deliver long-term transformative returns. This is achieved through our Nigerian content development activities. In Nigeria, Chevron supports Nigerian Content development by providing employment to Nigerians, and contract opportunities in all our projects up to an estimated annual average over $1 billion.

Besides oil exploration and production, Chevron Nigeria Limited is one of the highest contributors of high-quality domestic gas in Nigeria among the IOCs. We are committed to lowering carbon emissions and reducing gas flaring in Nigeria.

Through investments in gathering and processing of associated gas, routine gas flaring has been reduced by over 97% in the last 10 years in CNL’s operations,” he said.

He further urged Nigerian journalists to never stop being professional as they discharge their duties, stressing that Chevron would keep collaborating with the media in their operation, especially in the Niger Delta region.

Reacting at the event that was sponsored by Chevron Nigeria Limited (CNL) for selected journalists drawn from media organisations in the Niger Delta, Chairman of the NUJ Delta Council, Comrade Churchill Oyowe, hailed the oil company for the yearly capacity building for journalists in the state.

He maintained that the media will continue to be a loyal partner to all IOCs in the country.

Oyowe appealed to media practitioners to ensure their reports are fact-checked before publishing, adding that a good template must be set for aspiring journalists to take over from.

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He concluded by commending Chevron for the sponsorship of the programme, urging other IOCs and indigenous oil firms to learn from CNL’s admirable gesture of training journalists every year.

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