| By: |
Joseph I. Uduji (University of Nigeria, Nsukka, Nigeria);
Elda N. Okolo-Obasi (University of Nigeria, Nsukka, Nigeria) |
| Abstract: |
Purpose – The purpose of this paper is to critically examine the corporate
social responsibility initiatives of multinational oil companies in Nigeria.
Its main focus is to investigate the impact of the global memorandum of
understanding (GMoU) on equipping the rural young people with essential
farming skills and knowledge for adoption and application of modern
agricultural inputs in the Niger Delta region. Design/methodology/approach –
This paper adopts a survey research technique, aimed at gathering information
from a representative sample of the population, as it is essentially
cross-sectional, describing and interpreting the current situation. A total of
800 rural young people were sampled across the oil producing region. Findings
– The results from the use of combined propensity score matching and logit
model indicate that the GMoU model has a significant impact on development of
informal farm entrepreneurship generally, but somewhat undermined rural young
people in the targeted agricultural clusters. Practical implications – This
suggests that youth-specific CSR farm projects can be effective in providing
young people with the extra push needed to tackle the knowledge gap and poor
agronomic that erect the below-per yield and lack of competitiveness of
small-holder farmers in the region. Social implications – It implies that a
coherent and integrated CSR response from business would be necessary to
unlock investment opportunities on young people in farms for agricultural
competitiveness and food security in Africa. Originality/value – This
research adds to the literature on informal farm entrepreneurship and rural
communities’ debate in sub-Saharan Africa. It concludes that business has
obligation to help in solving problems of youth unemployment in developing
countries. |
| Keywords: |
Global memorandum of understanding (GMoU), Rural young people, Informal farm entrepreneurship, sub-Saharan Africa |
| Date: |
2021–01 |
| URL: |
http://d.repec.org/n?u=RePEc:agd:wpaper:21/033&r= |