Chevron Commits N1.9billion to Community Development Projects

Multinational oil company, Chevron Nigeria Limited (CNL) has provided over $10 million (aboutN1.9 billion), to fund various infrastructural and non-infrastructural community development projects in its operational areas in Nigeria in the last one year.

These projects are under its Global Memorandum of Understanding (GMoU), its Manager, Communications Policy, Government & Public Affairs, A. O. Adebawo, has said.

He spoke at the company’s headquarters in Lagos during the presentation of a prize to the Nigerian Media Merit Award (NMMA) 2015 winner of ‘Chevron Prize for Oil & Gas Reporter of the Year,’ to The Nation’s Assistant Editor Chikodi Okereocha.

He said under the GMoU, which improves local participation in determining the needs Chevron’s programs should address by giving host communities a greater role in managing their development through Regional Development Councils (RDCs), the company had spent over $10million in the last one year.

Adebawo said on the strength of the GMoU, which has brought peace and stability to areas where Chevron operates, several communities have benefited from projects including water supplies, rural electrification projects, school building, cottage hospital, road and drainage networks, town halls, housing for displaced people, scholarship, and micro-credit scheme among others.

CNL endowed the Chevron Prize for Oil & Gas Reporter of the Year category.

Adebawo said Chevron’s GMoU, a new and innovative approach to engagement with host oil communities, has significantly improved relationship with host communities.