Chevron Seeks Long-term Investment to Secure Nigeria’s Energy Future

Peter Uzoho

Chevron Nigeria Limited (CNL) has called for stronger collaboration across  government, regulators and industry operators as the foundation for building a resilient oil and gas sector that can deliver growth, jobs and energy security for Nigeria.  

Speaking at the just-concluded 49th Nigerian Annual International Conference and Exhibition (NAICE) in Lagos, Managing Director of Chevron Nigeria Limited, Mr. Jim Swartz, said the scale of Nigeria’s opportunity means no one player can deliver it alone.  

“Collaboration is essential because no single company, institution, or stakeholder can address the opportunities and challenges of the intersector alone. And technology will remain a key driver of safer operations, stronger performance, and the future that we will deliver. For Nigeria, the opportunity is significant,” Swartz said. 

Held under the theme “Thriving in the Evolving Global Energy Landscape: Collaborative Growth and Resilience,” the conference focused on how Nigeria can compete for capital and sustain production amid global volatility.  

Swartz outlined four pillars he said will define a resilient energy future including continued investment, enabling long-term policies, competitive local capacity development, and strong partnerships.  

“Building a resilient energy future requires continued investment, enabling policies that are resilient for the long-term, local capacity development that’s competitive and durable as well, and strong partnerships across governments, regulators, industry, and the technical community,” he said.  

He traced Chevron’s footprint in the country to more than six decades, noting the company’s role in building the foundation of the industry and in developing technical capacity.