MULTINATIONAL CORPORATIONS (MNCs) AND SUSTAINABLE DEVELOPMENT GOALS IN DEVELOPING COUNTRIES: QUERYIING THE IMPACT OF SHELL PETROLEUM DEVELOPMENT COMPANY IN NIGERIA
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Abstract
The study titled "Multinational Corporations (MNCs) and Sustainable Development Goals in Developing Countries: Querying the impact of Shell Petroleum Development Company (SPDC) in Nigeria" is a critical examination and assessment of the operations of Shell Petroleum Development Company in the development or othenvise of Nigeria. This is largely due to the gap observed in terms of development challenges in most developing countries, Nigeria inclusive. The study employed Dependency theory as its underpinning and data were collected through secondary sources, while content analysis was used to analyse the data collected. The study however revealed that Multinational Corporations in Nigeria particularly, Shell Petroleum Development Company (SPDC) does not help development in Nigeria rather it becomes an impetus for underdevelopment and confrontation in many dimensions. Most especially in the area of poverty and health challenges as a result of environmental degradation that ravaged communities in Niger-Delta region of Nigeria. In viexv of the above findings therefore, the study recommends among others that, the Nigerian government should go back to the drawing board and take a critical review of the activities of Shell Petroleum Development Company (SPDC) in Nigeria to agree with the development challenges facing the country especially in the host communities