Chevron Nigeria Ltd. (CNL) has restated its commitment to ensuring that the country attains its net zero carbon emission goal by 2060.
Communications Manager, Chevron Nigeria and Mid-Africa, Victor Anyaegbudike, said this yesterday at the Nigerian-American Chamber of Commerce (NACC) breakfast meeting in Lagos.
Recall that President Muhammadu Buhari, at the COP26 climate summit in Glasgow, Scotland, in November 2021, pledged that Nigeria would reach net zero emissions by 2060 to save the environment.
Anyaegbudike informed that Chevron had taken measures long before Nigeria’s decade of gas declaration, which led to 95% reduction of gas flaring for environmental sustainability.
He said gas which would have been flared, was now being gathered via a pipeline for purification and commercialisation, saying: “Chevron has done a lot to reduce gas flaring and it is impacting the communities to achieve 100% zero flaring soon and stop the associated health hazards.”
Anyaegbudike also said Chevron through its social investments programme will continue to effectively impact environmental, community and policy matters.
He added that CNL’s Global Memorandum of Understanding (GMoU) continues to provide a sustainable approach to stakeholders’ engagement, conflict resolution, reputation management and peace building through which it has achieved 16 years of community development, with over 400 communities impacted and over 600,000 beneficiaries.
He said CNL is also leading the fight against HIV/AIDS, and was very committed to the highest standard of environmental conservation practices in Nigeria and throughout its global operations.
CNL’s Global Memorandum of Understanding (GMoU) continues to provide sustainable approach to stakeholders’ engagement, conflict resolution, reputation management and peace building.
NACC President, Adebola Williams, said Chevron had for several decades operated successfully as a joint venture partner with the Nigerian National Petroleum Corporation (NNPC) for onshore and offshore operations particularly in Niger Delta.
Adebola, represented by the Deputy President, NACC, Thomas Osobu, said the company had partnered the United States Agency for International Development (USAID), and the Niger Delta Partnership Initiative (NDPI), to address socioeconomic challenges in the Niger Delta region.
“The Foundation for Partnership Initiatives in the Niger Delta is also incorporated in Nigeria to implement and support the programmes. In 2014, Chevron committed an additional $40 million in funding to the NDPI through 2019.
“Thus, Chevron has contributed significantly in its past and existing social investment efforts by focusing on one strategic objective; achieving a peaceful, enabling environment for equitable growth, particularly in the Niger Delta as well as human capacity building initiatives for Nigerians as a whole,” she said.
Given the current economic crisis, Adebola called on all Nigerians and corporates to help rebuild the economy for the benefit of all.