Wednesday, December 25, 2024

Chevron spends $100m in 23 years on Niger Delta development

The establishment of Partnership Initiatives In The Niger Delta (PIND) by Chevron has gulped over $100 million and leveraged a corresponding amount from investors and partners.

In 2010, Chevron established the PIND, a non-profit organisation working with partners to complement the GMoU, build peace and address the macro socio-economic issues in the Niger Delta region.

The PIND’s programmes have continued to create socio-economic impact in the Niger Delta region through the twin pillars of economic development and peace building, leading to increased productivity and incomes, jobs, and reduced conflict,” said, Esimaje Brikinn, Chevron Nigeria’s General Manager, Policy, Government and Public Affairs.

Brikinn, in a statement during Nigeria’s 63rd Independence Anniversary, highlighted Chevron Nigeria’s focus on helping to engender the development of communities in the Niger Delta through the erstwhile Global Memorandum of Understanding (GMoU), a community-driven, participatory partnership model for community engagement pioneered by Chevron Nigeria in 2005.

“Through the GMoU, we provided funds to execute hundreds of projects in the communities where we operate in the Niger Delta region.

This has led to social investment projects benefitting over 600 communities in the Niger Delta area. We will be leveraging our experience with the GMoU in the implementation of the Host Community Development Trust (HCDT) provisions of the Petroleum Industry Act (PIA)”, he stated.

For the last 10 years, one of Chevron Nigeria companies, Chevron Nigeria Limited, CNL, has spent an estimated annual average of $1 billion on Nigerian suppliers and service providers.

The Chairman and Managing Director, Chevron Nigeria and Mid-Africa Business unit, Rick Kennedy, said “Chevron does all this, not because it is compelled to, but because it is the right thing to do.”

READ ALSO: Chevron company, others donate classroom block to special needs school in Agbor, Delta

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