Corporate social responsibility of oil and gas industry in nigeria

Should government be responsible for ensuring corporate responsibility. The Western firms including Shell and Exxon Mobil promote human rights in their codes of conduct unlike Addax which appears not to emphasise human rights in its codes ibid.

Over-taxation and Repetitive Tax: Nigeria produces 30 percent of the total oil production in Africa. Corporate social responsibility, human rights and the law: This dialogue, as well as the others in the series, also demonstrate an admirable commitment to corporate transparency and accountability.

Such projects ought to be sited in the Niger Delta which is the epicentre of the oil and gas industry in Nigeria. National economic empowerment and development strategy. Between responsibility and rhetoric: Nigerian National Planning Commission.

The false developmental promise of corporate social responsibility: An International Journal, 6 1 Is a definition necessary. Corporate social responsibility in Africa: A comment on the doctrine of social responsibility.

Chinese state-owned enterprises and human rights: Social responsibilities of the businessman. Funding of Long Term Development Projects: California Management Review, 15 2The case of the Niger Delta of Nigeria.

Academy of Management Review, 32 3Corporate social responsibility and restructuring in the EU: Corporate social responsibility and restructuring in the EU: One plausible explanation is that the firms are affected by their ideological and cultural background in the delivery of the CSR practices or initiatives in Nigeria.

University of Central Lancashire

Journal of Enterprising Communities: Holme and Walt The excessiveness of tax paid to the Federal, State, local authorities and the host communities as levies increases the burden of tax paid by the oil firms, and the challenge of paying same tax repetitively tense the business atmosphere, which in other word gives the oil firm leverage to jump their responsibilities to the host communities.

The quest for the effective use of natural resources revenue in Africa: SPDC also provides community project leaders with access to development experts and NGOs that can assist them realize their aims. We have always achieved our goal of restoring impacted sites to their natural state in the fastest possible way and by so doing we are able to minimize impact on local livelihoods.

The search for a common core in the business and society field. The CSR or social investment by the foundation is influenced by the Millennium Development goals and national development goals ibid.

The Western firms including Shell and Exxon Mobil promote human rights in their codes of conduct unlike Addax which appears not to emphasise human rights in its codes ibid. The perception in our host communities are monitored annually through an independent reputation tracker, and we glad to report that the results showed improvements.

Also, Addax has trained youths to acquire vocational training and successful participants from the training schemes are given grants and tools to commence their business ventures ibid.

The Deepwater Horizon oil operation in Gulf of Mexico has the highest magnitude of the risks assumed by those engaged in oil and gas development. Furthermore, the behaviour or actions of Chinese MNCs are affected or accentuated by its cultural, political and regulatory background.

Development Southern Africa, 23 2Also, due to the security concerns in the Niger Delta and Nigeria, only Chinese state-owned companies are recent investors in the oil and gas industry in Nigeria Akinosho, in Saharareporters website.

Canadian Journal of Development Studies, 30 Journal of Enterprising Communities: Environmental Conservation Shell has also become active in environmental conservation in the Delta.

Addax and NGO partnership 14 http: Oil conflict and security in Nigeria. International Business Law Journal, 5, pp.

As the voice of the U.S. standards and conformity assessment system, the American Member Discount · Wide Range · New In · Immediate Access10,+ followers on Twitter.

The paper empirically demonstrates the role of corporate social responsibility (CSR) in facilitating the resolution of this paradox.

In its several forms, CSR as a business philosophy permeates Nigeria’s oil and gas industry. The industry deploys CSR as a form of social licence to gain and retain acceptability by its host communities.

University of Central Lancashire

Nigeria is very different from Azerbaijan, but some of the key concerns related to the oil and gas sector are very similar in both countries – the environmental impact of the industry such as oil spills, the social impact of the industry on local communities and macro-economic difficulties created by the inflow of oil.

Corporate social responsibility and Chinese oil multinationals in the oil and gas industry of Nigeria: An appraisal This article focuses on the extant corporate social responsibility.

industry such as oil spills, the social impact of the industry on local communities and macro- economic difficulties created by the inflow of oil revenues.

The oil and gas sector has been among the leading industries in championing CSR. Corporate social responsibility in Nigeria’s oil and gas industry region, a situation that has been aggravate d by the negligence of the oil and gas industry operating in the region.

Corporate social responsibility of oil and gas industry in nigeria
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Corporate Social Responsibility