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Multinational Firms Accused of Fraudulent CSR Claims, Costing Nigeria Millions

Written by Abdul

 

According to Prof. Obiagili Orogbu, a federal lawmaker, the Nigerian government is losing millions of dollars due to false Corporate Social Responsibility (CSR) claims made by multinational companies operating in the country.

The lawmaker's statement highlights the issue of misreporting and potential abuse of CSR initiatives by some corporations, resulting in significant financial losses for the government.

Citations

[1] https://tribuneonlineng.com/how-oil-companies-spent-2-2bn-on-csr-in-3yrs/
[2] https://www.channelstv.com
[3] https://www.vanguardngr.com/2024/06/fg-loses-millions-of-dollars-to-false-csr-claims-by-multinationals-lawmaker-prof-orogbu/
[4] https://dailytrust.com/nigeria-losing-millions-of-dollars-to-false-csr-claims-rep/
[5] https://dailytrust.com/fg-to-sanction-multinationals-for-failing-to-register-tta/

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