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ISSN Print: 2381-1196 ISSN Online: 2381-120X

International Journal of Investment Management and Financial Innovations

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Community Investment Deployment Strategies and Resistance of Oil Multinationals’ Activities in Niger Delta

International Journal of Investment Management and Financial Innovations
Vol.4 , No. 3, Publication Date: Sep. 3, 2018, Page: 49-59

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Authors

[1]	Minima Godwin, Sociology Department, University of Port Harcourt, Port Harcourt, Nigeria.
[2]	Peterside Sofiri, Sociology Department, University of Port Harcourt, Port Harcourt, Nigeria.
[3]	Ifeanacho Martin, Sociology Department, University of Port Harcourt, Port Harcourt, Nigeria.

Abstract

The study attempts to empirically examine the potentials of Community Investment strategies of Multinational oil and gas companies operating in the Niger Delta region of Nigeria in terms of managing issues of community resistance of oil and gas exploration activities, with particular emphasis on the GMoU framework strategy. Primary data were obtained from selected communities where the framework has been deployed since 2007 via the survey research method. The descriptive statistics method was used to present data while the Chi-square non-parametric method was used to analyze the data. Findings from the study indicate a recurrent and persistent cases of community resistance issues prior to the deployment of the GMoU strategy in the communities under study, and a significant drop in the rate of community resistance issues and squabbles between the communities and the multinational oil and gas companies after the deployment of the GMoU framework in the communities; which is indicative of a strategic shift in approach from previous deployment approaches of CNL and SPDC.

Keywords

Community Investment, Resistance, GMoU Framework, CNL, SPDC

Reference

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