Multinational Oil Firms' CSR Initiatives in Nigeria: The Need of Rural Farmers in Host Communities

We examine the impact of multinational oil firms' Corporate Social Responsibility (CSR) on agricultural production using binary logit model equation. The result indicates a significant relationship between CSR and agricultural production in oil host communities in Nigeria. This implies that CSR of a multinational oil firm is a critical factor for increasing participation of rural dwellers in agricultural production. The findings suggest for improved CSR investment of multinational oil firms on subsidized fertilizer, certified seed, crop protection products, farm power and rural transportation infrastructures.