Extending the Frontier of Agitations: Corporate Social Responsibility and Resource Control in Nigeria

Halimatu Muhammad Bande ()
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Halimatu Muhammad Bande: Federal University

A chapter in Corporate Social Responsibility in Developing Countries, 2023, pp 223-236 from Springer

Abstract: Abstract Social agitation for resource control seems to dominate the Nigerian economic space for a long time. This agitation has been a topical issue in any economic and political forum. This is particularly true among all the oil-producing communities in Nigeria. The agitation revolves around the amount being given to these communities as derivation revenues as insignificant compared to what they give to the larger Nigerian state vis-à-vis the environmental damage being caused by oil exploration and refining. Thus, the communities want to control their resources. Communities also demand increased corporate social responsibility (CSR) as one way of extending the resource control debate. This is a method through which the communities hold oil companies responsible and accountable to address their developmental plight and demand. The paper argues that while this agitation is plausible and genuine, it must be institutionalized and formalized to ensure that oil companies and government take responsibility for their action and address such responsibilities by increasing the rate of their CSR investment to the host communities.

Keywords: Agitation; Resource control; Environment; Oil; Nigeria (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-031-27512-8_14

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DOI: 10.1007/978-3-031-27512-8_14

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