Survey ranks Chevron lowest in Nigerian Content index

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Chevron Nigeria Limited has been ranked lowest in order of commitment to Nigerian Content among six International Oil Companies (IOCs) operating in Nigeria, The Sun reports.

According to the survey report made available by the facilitator, Borderless-Company Limited by Guarantee- A Nigerian Content Advocacy Group, ‘Looking Back, Looking Forward’ Survey and Nigerian Content Development Perception Index (NCPDI) is to raise awareness and promote greater commitment towards Nigerian content development.

The report signed on behalf of Borderless by Mr. Dotun Adebayo, said the survey generated feedback from a cross-section of indigenous oil and gas companies on how the Nigerian content Act can be better implemented. Other results in the NCPDI listed Shell as coming tops, followed by Addax, ExxonMobil, Agip(NAOC) and Total in that order.

It added; ‘‘As developmental partners, the Nigerian Content Development and Monitoring Board (NCDMB) is seen to have performed poorly in assisting indigenous companies. Also as regulators, NCDMB has also performed poorly. It is seen as failing to effectively and/or sufficiently monitor IOCs’ activities, and/or lagging behind in its enforcement role.”