The oil major disclosed this on Wednesday in its 2019 corporate responsibility report. It said of the $1.
45bn, expenditure on materials and services obtained from local community contractors was about $358m.
The company said it partnered with many indigenous companies to build and strengthen local capacity and capabilities during the execution of the major capital and small projects including Escravos Export System Project and Okan GGCP Debottlenecking Project. CNL said its four-pronged approach to Nigerian content development included selection of qualified local contractors; facilitation of partnerships and alliances between indigenous companies and foreign firms; capacity building; and development of local competencies.
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