Corporate Social Responsibility and Sustainable Development: A Study of Shell Petroleum Development Company of Nigeria and Nigeria AGIP

Abstract

This study assessed the procedures and practices of Shell Petroleum Development Company of Nigeria (SPDC) and Nigeria AGIP Oil Company (NAOC) in implementing their respective corporate social responsibility (CSR) in the development of host communities of Bayelsa state. The theoretical framework was derived from the social exchange theory, while the ex post facto research design was applied by employing multi-stage sampling technique, through survey questionnaires. It recorded a reliability index of 0.83. To achieve this, two research questions guided the study, with a sample size of 398 respondents drawn from twenty-four (24) host communities through multi-stage sampling techniques. Data were analysed with mean analysis and chi-square. It found that there was a significant relationship between the level of host community participation and the socio-economic life of the host communities in CSR of SPDC and NAOC on the sustainable development in Bayelsa State. It therefore recommended that SPDC/NAOC should invest a greater percentage of their profit on educational projects, adhere to the implementation of the Global Memorandum of Understanding (GMoU), the introduction of capacity-building programmes and full public participation by the host communities in the implementation of CRS activities.