A Review of the Nigerian Energy Industry

Chevron increases total global fund investment to $60m

Chevron Nigeria Office*Commits new $5m investment for HIV prevention in Nigeria

03 December 2013, Sweetcrude, Lagos Nigeria – Chevron Nigeria Limited, CNL, operator of the Chevron/NNPC Joint Venture today announced that Chevron Corporation has committed an additional $5 million over two years to The Global Fund to Fight AIDS, Tuberculosis and Malaria to target the prevention of mother-to-child transmission of HIV (PMTCT) in Nigeria. This commitment raises Chevron’s 8-year investment in the Global Fund to $60 million, making the company the single largest private sector partner to the organization.

“We recognize the deep interdependence of healthy businesses and healthy societies,” said Rhonda Zygocki, Executive Vice President, Policy and Planning for Chevron Corporation. “Our continued partnership with the Global Fund reflects our long-term commitment to investing in health, education and economic development initiatives that help build strong communities.”

Chevron became The Global Fund’s inaugural Corporate Champion in January 2008, when it committed $30 million to support AIDS, tuberculosis and malaria programs in Asia and Africa. In 2010, the company made an additional commitment of $25 million to fight HIV/AIDS and PMTCT in Angola, South Africa, Thailand, and Vietnam.

In expanding these efforts, Chevron initially chose The Global Fund as a partner in 2008 because its performance-based model provides an efficient and highly-impactful way to sustain healthy communities around the world. The Global Fund also places a significant emphasis on measurement and evaluation of the programs it funds, ensuring that Chevron’s investments are making a tangible difference. To date, Chevron has played a part in saving 8.7 million lives through the company’s support of The Global Fund.

“Chevron has shown commendable leadership in the fight against infectious diseases,” said Dr. Mark Dybul, the executive director of The Global Fund. “With shared responsibility and strong partnerships with governments, civil society and private sector players like Chevron, we will defeat these deadly diseases. Chevron’s strong support helps bring us ever closer to this historic opportunity.” Chevron has been at the forefront of the fight against AIDS since 1986 when it joined 13 other Bay Area companies to promote education and reduce stigma in the workplace. In the 1990’s, Chevron expanded efforts internationally and in 2005 the company implemented a global HIV and AIDS policy supporting employees and their families.

As part of its commitment to help eliminate mother-to-child transmission of HIV, Chevron joined the Business Leadership Council (BLC) on an ambitious program focused on empowering state governments to lead their own HIV response, setting concrete targets for the reduction of HIV transmission and developing a simple plan to get there. Under this programme, in Nasarawa State, Prevention of Mother To Child Transmission continues to achieve encouraging results as the number of clinics offering PMTCT services tripled in both public and private clinics thus leading to over 35,000 additional women tested for HIV and 1,500 additional HIV+ pregnant mothers and 650 babies put on Anti-Retro-Viral Drugs.

In May 2013, Chevron announced a new US$1.3 million commitment over three years to fund our BLC partnership in support of Nigeria Scale-up of PMTCT in Bayelsa, Lagos and Rivers States. “I am happy to say that the programme is delivering good result” said Andrew Fawthrop, CNL’s Chairman Managing Director.

“In the last 6 months, over 6,000 people have been touched with the HIV/AIDS outreach in Bayelsa State under the PROMOT program- a PMTCT program in Bayelsa state which we are doing in partnership with Pact”. He explained.
*Chevron press release

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