IOC's Local Content Commitment: Impacting Employment and Contracts Worth $1 Billion for Nigerians
IOC's Local Content Impact on Employment
Nigeria's International Oil Company (IOC), Chevron, has reaffirmed its dedication to local content development, reporting an estimated $1 billion worth of contracts and employment opportunities for Nigerians. Esimaje Brikinn, the General Manager of Policy Government and Public Affairs at Chevron Nigeria, highlighted this commitment during a media training event in Abuja.
Focus on Sustainable Development
Recent concerns have emerged regarding IOCs potentially misusing the expatriate quota system, making Chevron's commitment more significant. Brikinn, represented by Victor Anyaegbudike, the company’s Manager of Communications, noted that their investments have led to a reduction of routine flaring by over 97% over the past decade. This progress not only supports environmental sustainability but also aids local communities significantly.
Training Media Practitioners for Enhanced Reporting
- Chevron is currently training around 300 media professionals in Nigeria.
- This initiative aims to improve reporting on the oil and gas sector.
- Brikinn emphasized the role of media practitioners as key stakeholders in the development of this sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.