CHEVRON SPENDS N35B ON SOCIAL DEVELOPMENT
Chevron Nigeria Limited (CNL), through its General Manager of Policy, Government and Public Affairs, Esimaje Brikinn, said it has spent up to N35 billion on social development in the country over the last 10 years.
Brikinn, who spoke in a presentation titled: ‘Strategic Social Investment: The Chevron Approach,’ at the Pan Atlantic University in Lagos, said N21.6 billion of the cash was used to impact over 600,000 lives in more than 400 communities.
He further explained that N2.5 billion was spent to support educational infrastructure, N2.8 billion splashed on 28 Chest Clinics, N8.4 billion on the Agbemi Scholarship Awardees which all account for the remaining N13.7 billion.
He said this is designed to enhance national development, and added that the oil firm and host communities have enjoyed relative peace since the inception of the Global Memorandum of Understanding (GMoU) in 2005.
“Community-induced work disruption reduced significantly since inception of the GMoU. Potentials for conflict reduced in communion and peace building is enhanced,” Brikinn stated.
As contained in the presentation, the five Regional Development Committees comprising Bayelsa, Delta and Ondo states (Dodo River, EGCDF, Ilaje, Itsekiri and KEFFES), were established to foster the social investment of the company on host communities.