IMPERATIVE OF CORPORATE SOCIAL RESPONSIBILTY INITIATIVE IN NIGERIA: A STUDY OF ROYAL SALT MINING LTD IN ENYIM AGALEGU NDUFU-ALIKE COMMUNITY, IKWO L.G.A AND CHINA ZHONG HAO NIGERIA LTD IN OKWOREKA NKALEKE ECHARA NDIEBOR COMMUNITY OF EBONYI L.G.A IN EBO

Abstract

Business, non-governmental Organizations and the Society are inter- dependent in their operations to foster peaceful coexistence and enduring relationship. Corporate Social Responsibility initiative developed to foster the need for company to relate its operations and policies to the needs of the
environment and the workforce to the benefit of the business organization and the host communities. The philosophy of the initiative of Corporate Social Responsibility is to involve management of an organization to participate in vital areas as such as environmental issues, welfare packages, employment, provision of social amenities with the company location, scholarship programmes and youth development for the host communities. Obviously, the activities companies in the society result to breaches such as environmental degradation, pollution, waste disposal system of toxic waste, gas flaring, oil spillage, and so on which affect the host communities. In Nigeria, most corporate citizens (organizations) have not been adhering to the agreement as contained in the Memorandum of Understanding (MOU). This paper is designed to investigate why companies operating in Nigeria are reneging in their Corporate Social Responsibility particularly in two mining sites located in two communities in Ikwo and Ebonyi L.G.As of Ebonyi State.