Improving occupational capacity for enhancement of sustainable socioeconomic wellbeing in the Niger Delta region of Nigeria: The role of corporate social action

  • Ekeke, J. N. Department of Hospitality Management & Tourism, Faculty of Management Sciences, University of Port Harcourt, Choba, Rivers State
  • Nwaiwu, J. N. Department of Accountancy, Faculty of Management Sciences, University of Port Harcourt, Choba, Rivers State
  • Sonari- Otobo, V. A. Department of Hospitality Management & Tourism, Faculty of Management Sciences, University of Port Harcourt, Choba, Rivers State

Abstract

Natural resource exploitation by multinational corporations (MNCs) in
the Niger Delta area of Nigeria has led to environmental degradation
and abject poverty for the host community, rather than improve the
socio-economic wellbeing of the host community. The study situated
the sustainable socio-economic development of the Niger Delta region
within the context of the corporate social responsibility (CSR) practices of the actors in the oil and gas industry. Findings showed
that corporate social actions of the MNCs and the intervention
programmes of the three tiers of government in the Niger Delta region
are at best a failure when measured against the indices of socioeconomic
development, hence the protracted agitation for resource
control and endless crises in the region. The study recommended a
paradigm shift in CSR design, plannin and execution in the Niger
Delta area of Nigeria to a workable and inclusive approach for
improvement of occuptionl capacity for small and medium enterprise
(SME) development and growth.
Keywords: Corporate social action, Standard of living, Occupationl
capacity improvement, Value and wealth creation, Small and medium
enterprises development and growth

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Published
2017-12-13