IOC Champions Local Content and Employment: $1bn Commitment to Nigerians
IOC's Commitment to Local Content
Nigeria's International Oil Company, Chevron, announced a commitment to local content development by employing Nigerians and awarding contracts worth an estimated $1 billion annually. Esimaje Brikinn, the General Manager of Policy Government and Public Affairs at Chevron Nigeria, delivered this news during a capacity training session for journalists in Abuja.
Responding to Criticism
This announcement follows recent criticisms regarding the alleged abuse of the expatriate quota system by IOCs in Nigeria. Brikinn emphasized that the company is committed to advancing human development in Nigeria and enhancing local content.
Environmental and Community Impact
- Chevron is reducing routine flaring by over 97% through investments in gathering and processing associated gas.
- The company contributes significantly to the sustainable development of host communities.
Training for Media Practitioners
In an effort to boost reportage within the oil and gas sector, Chevron is currently training approximately 300 media practitioners in Nigeria. According to Brikinn, these practitioners are vital stakeholders in the growth of the oil and gas industry.
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.