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Does CSR Contribute to The Development of Rural Young People in Cultural Tourism of Sub-Saharan Africa? Evidence from the Niger Delta in Nigeria

Author

Listed:
  • Joseph I. Uduji

    (Faculty of Business Administration, Enugu Campus, University of Nigeria, Nsukka)

  • Elda N. Okolo-Obasi

    (Institute for Development Studies, University of Nigeria)

  • Simplice A. Asongu

    (Department of Economics, University of South Africa)

Abstract

Handicrafts are key cultural products consumed in Nigeria tourism industry. Owing to low entry barriers, as handicrafts require a low level of capital investment, there is potential to develop vaible linkages between tourism and local handicrafts sectors that create economic oppourtunities for local artisans. Thus, we assess the impact of a new corporate social responsibility (CRS) model of multinational oil companies on the development of rural young people (RYP) in cultural tourism in the Niger Delta of Nigeria. Six hundred RYP were sampled across the rural Niger Delta region. Using the logit model, results indicate that RYP have remained widely excluded from the General Memorandumof Understandings (GMoUs) interventions in cultural prerogatives of elders, a caveat to the youths.

Suggested Citation

  • Joseph I. Uduji & Elda N. Okolo-Obasi & Simplice A. Asongu, 2018. "Does CSR Contribute to The Development of Rural Young People in Cultural Tourism of Sub-Saharan Africa? Evidence from the Niger Delta in Nigeria," Working Papers 2 4002, Office Of The Chief Economist, Development Bank of Nigeria.
  • Handle: RePEc:dbn:wseris:4002
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    Cited by:

    1. Joseph I. Uduji & Elda N. Okolo-Obasi & Simplice A. Asongu, 2018. "The impact of e-wallet on informal farm entrepreneurship development in rural Nigeria," AFEA Working Papers 18/040, African Finance and Economic Association (AFEA).
    2. Joseph I. Uduji & Elda N. Okolo-Obasi, 2018. "Corporate Social Responsibility Initiatives in Nigeria and Rural Women Livestock Keepers in Oil Host Communities," Working Papers of the African Governance and Development Institute. 18/060, African Governance and Development Institute..
    3. Simplice A. Asongu & Joseph I. Uduji & Elda N. Okolo-Obasi, 2019. "Transfer pricing and corporate social responsibility: arguments, views and agenda," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 32(3), pages 353-363, November.
    4. Joseph I. Uduji & Elda N. Okolo-Obasi & Simplice A. Asongu, 2018. "Responsible use of crop protection products and Nigeria’s growth enhancement support scheme," AFEA Working Papers 18/036, African Finance and Economic Association (AFEA).
    5. Joseph I. Uduji & Elda N. Okolo-Obasi, 2018. "Corporate Social Responsibility Initiatives in Nigeria and Rural Women Livestock Keepers in Oil Host Communities," Research Africa Network Working Papers 18/060, Research Africa Network (RAN).
    6. Joseph I. Uduji & Elda N. Okolo-Obasi & Simplice A. Asongu, 2019. "Responsible use of crop protection products and Nigeria's growth enhancement support scheme," Development in Practice, Taylor & Francis Journals, vol. 29(4), pages 448-463, May.

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    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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