THE ROLE OF MULTINATIONAL CORPORATIONS IN THE DEVELOPMENT OF THE NIGER DELTA REGION OF NIGERIA, 1990-2007

AUTHOR: NWAOLAI, MARCIA CHIDINMA

DEPARTMENT: HISTORY AND INTERNATIONAL STUDIES

AFFILIATION: NNAMDI AZIKIWE UNIVERSITY, AWKA

The growth and rise of Multinational Corporations to prominence, especially after the Second World War, was occasioned by the promises of a faster developmental rate to the developing countries. Multinational Corporations are believed to facilitate the speedy transformation of hitherto underdeveloped economies to developed ones. MNCs achieve this by transferring not only capital but technology and personnel. However, in most countries especially Africa, the operations and activities of Multinational Corporations have more often than not recorded failures vis-à-vis the transformation of their economies. Adopting the Niger Delta region as a case study, this study assess the role of Multinational Corporations in the development of Niger Delta region among other things, it is pertinent to know that the bulk of MNCs in the Niger Delta region are found in the oil sector, and their operations have left much to be desired. This study submits that the activities of Oil Multinational Corporations in the Niger Delta have been exploitative and antithetical to the welfare of the bruised people of Niger Delta. The study thus, submits that a re-evaluation of the vertical and horizontal relationship between the Oil Multinational Corporations and Nigerian government on one hand, Multinational Corporations and the indigenes of Niger Delta on the other hand is indispensable for the development of the Niger Delta region. The study finally adduces some policy measures for the achievement of these stated objectives.

TO VIEW THE FULL CONTENT OF THIS DOCUMENT, PLEASE VISIT THE UNIZIK LIBRARY WEBSITE USING THIS LINK, http://naulibrary.org/dglibrary/admin/book_directory/History_International_Relations/11420.pdf

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