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Multinational Corporations

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objective of trading with America and Africa respectively. These were the predecessors of the modern Multinational Corporations (MNCs). Since World War II, the scopes of multinational corporations have grown and spread with phenomenal speed. The international petroleum industry, however, predates these more recent developments. There is a difference of opinion over the definition of a multinational, trans-national and international corporation. It has various names like direct investment, international business, international firm, international corporate group, the multinational family group, worldwide enterprise, global companies, ultra-national companies and so on. However all Multi-National Corporations (MNCs) keep their headquarters in …show more content…

The purpose of this paper however is to carry out critical assessment of the activities of SHELL Petroleum one of the most popular multinational corporations in the Niger Delta region of Nigeria with the view to determine as well as measure this hazards produced by the Multinational Corporations against the people development programs and policies that they embark on such as scholarships. This study will also investigate how the activities in the Niger Delta region of Nigeria have contributed to a huge level of environmental degradation that has impacted negatively on the peoples of the region. The two major aspects that will be discussed in this paper are oil spillage and gas …show more content…

These features are some of the causes of one of the causes of sporadic climate change and global warming, acid rain, air water and land pollution, reduction in crop yield, other, hematological effects (Darkwah, 2010:7). The inability of government to adequately institute and effectively apply the policies and consequences of the disregard of those policies as well as the inability of literature on Multinational corporations (MNC’s) to adequately fill the gap as to the responsibility of the multinationals are toward areas in which they operate and the devastating effects of their activities on the environment as well as the people or inhabitants of areas directly affected by their actions has often created confusion as to the duty of multinationals has encouraged the oil companies to continue in

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