By Francis Sadhere, Warri

Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited (NNPCL) has debunked allegations that it has snubbed Nigeria in its investment prospects in 2024.

Chevron said the allegation “is untrue and does not represent the position of CNL in Nigeria.”

Esimaje Brikinn, CNL’s General Manager, Policy, Government and Public Affairs (PGPA), disclosed in a statement made available to our Correspondent in Warri.

According to Brikinn, CNL was aware of the misleading media report alleging that CNL has snubbed Nigeria in terms of investment prospects in 2024.

“CNL remains committed to sustaining the existing mutually beneficial and long-term relationship with Nigeria and other stakeholders as demonstrated by our significant economic and social investments in Nigeria over the last six decades.

“These investments have generated visible and viable socio-economic development in several communities across Nigeria.

“CNL affirms that capital discipline and higher returns to shareholders remain some of our top priorities.

“CNL will, along with industry peers in Nigeria, continue to engage the government on policies and opportunities to ensure global competitiveness and sustainability of the petroleum industry,” the statement reads in part.