Offshore Memorandum News Today

(HCDT) Lagos. August 4, 2023: Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL, (“NNPCL/CNL JV”), has successfully completed an onboarding workshop for members of the Board of Trustees (“BOT”), Management Committee (“MC”) and Advisory Committee (“AC”) of the Agbonu Ogulagha-Ibe Host Community Development Trust |

Chevron Nigeria Limited (CNL) has described Host Community Development Trusts (HCDT) in the Petroleum Industry Act as a catalyst that will develop host communities in the Niger Delta region.

Chevron Nigeria Limited (CNL) has said the new dimension in the Petroleum Industry Act, Host Community Development Trusts (HCDT)