Chevron Pledges $1 Billion Annual Investment in Nigerian Content Development

Chevron Nigeria Limited (CNL) has been investing $1 billion annually for the past decade in developing Nigerian content, with a focus on increasing gas utilisation in the domestic market.

The company's commitment to Nigerian content development was highlighted by Oduselu Olusoga, General Manager of Corporate Affairs at CNL, during an oil and gas reporting workshop held in Asaba, Delta State.

CNL has spent approximately $1 billion annually on developing Nigerian content over the past 10 years, with a strong emphasis on increasing gas utilisation in the domestic market.