OIL MULTINATIONALS AND SOCIAL RESPONSIBILITY IN NIGER DELTA, NIGERIA: EVALUATING POVERTY REDUCTION INTERVENTIONS

Oil multinationals and Social Responsibility in Niger Delta, Nigeria: Evaluating Poverty Reduction Interventions is more or less a seminal work that is designed to examine the frosty relationship between oil multinationals and host communities. The book investigates the factors determining the scale of social responsibility of oil firms; it evaluates the impact of development interventions on poverty reduction and assesses the perceptions of host communities vis-à-vis the community development programmes of oil multinationals. The audacious empirical analyses in the book reveals that the social responsibility initiatives of foreign oil firms, in general, leaves little to be desired. However, the recommendations contained herein, if implemented, can reverse the violence, militancy and youth restiveness in oil bearing communities and provide the social license required for profitable and sustainable oil production in the Niger Delta region of Nigeria. This will in turn impact positively on the international oil market.