Introduction the Activities of Multinational Oil Companies in Their Host Countries...

Introduction The activities of Multi study Oil Companies in their host countries mother receive increasing scholarly and international attention in recent years. These companies have long suffered from public criticisms especially in developing countries and this gives them a rather unpleasant public image. The coer and gas sector is among the leading industries in championing corporate kind responsibility. In recent years, oil companies attach greater greatness to their kind and environmental impact than they used to (Frynas, 2005). This research is meant to severalise and analyze the level of commitment and effectiveness of corporate social responsibility by Statoil and shell in Nigeria, as galore(postnominal) findings have proven that there is mounting evidence of a gap between the stated intentions of these companies and their actual practices, and impact on the local population. Background The oil and gas industry is the backbone of the Nigerian economy, and a major(ip) factor in its world standing. With a projected population of 155 million in 2009 (UNFPA.org), Nigeria is by uttermost the most populous nation in Africa. The ternary largest economy in Africa, and Africas largest producer of oil.

As in the case of many others petro states, the windfall income from oil in Nigeria has turn up in many ways to be a forbearance and curse at the same time. With a gross national product of USD 260 per year, Nigeria is one of the poorest countries in the world. An estimated 70% of Nigerians live far below the poverty line on less than 1 US dollar per day, and without admission charge to electricity, clean water or air (Alston, 2006). Consistent struggle by elites to gain access to profits of the oil boom resulted to successive military governments for over three decades after independence. Despite the countrys major problems of corruption, inter-tribal or inter ethnic conflicts, border disputes, political asymmetry and civil unrest, multinational oil companies have always seen Nigeria as an... If you want to get a full essay, order it on our website: Orderessay

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