Corporate Social Responsibility & Poverty Reduction in Bayelsa State, Nigeria: A study of Shell Petroleum Development Company CSR Strategy

International Journal of Humanities and Social Science

© 2022 by SSRG - IJHSS Journal

Volume 9 Issue 4

Year of Publication : 2022

Authors : Bredino Samson, Fiderikumo Peter, Adedoyin Adesuji

10.14445/23942703/IJHSS-V9I4P103

How to Cite?

Bredino Samson, Fiderikumo Peter, Adedoyin Adesuji, "Corporate Social Responsibility & Poverty Reduction in Bayelsa State, Nigeria: A study of Shell Petroleum Development Company CSR Strategy," SSRG International Journal of Humanities and Social Science, vol. 9,  no. 4, pp. 17-23, 2022. Crossref, https://doi.org/10.14445/23942703/IJHSS-V9I4P103

Abstract:

The prevalent incidences of poverty in Nigeria, presumably caused by the activities of oil and gas prospecting companies, pose a serious development challenge. Oil and gas multinationals have deployed several community investment strategies to mitigate the negative impact on their host communities stemming from their production and exploration activities. This study focuses on the social investment strategy deployed on the platform of SPDC's Global Memorandum of Understanding (GMoU) with the specific aim of reviewing its structure, deployment process, and effect on incidences of poverty in SPDC's host communities in Bayelsa State. Structured and semi-structured questionnaires were used to collect primary data for the study. Descriptive statistics were mainly used to analyze field data. Findings show that the structure and the implementation process of GMoU have significantly ameliorated incidences of poverty. As such, it was recommended as the most effective and, thus, the preferred framework for deploying social investment projects and programmes.

Keywords:

Global Memorandum of Understanding (GMoU), Shell Petroleum Development Company (SPDC), Social Investment Strategy, Poverty.

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