Multinational Corporations Exploitation Endemics: Evidence from Royal Dutch/Shell Nigeria

Abstract

The paper examines the activities of Multinational Corporations MNCs exploitation endemics specifically in Nigerian oil sector by taking evidence from Shell Nigerian subsidiary. The activities that deal with the oil exploration and exploitation significantly have negative effect to the local communities. Current global economic crises due to the fall down of oil prices in the international market also shape the MNCs decisions toward regulating their exploitation over new emerging economies. MNCs should respect the Universal Declaration of Human Right (UDHR) for taking positive measures against human rights violation in their operational states or nations. MNCs have tasks regarding social, economic, and cultural rights of their host countries. Anything concerning the right to work, trade union freedoms, social security right, minorities' issues, is among the main concern of host communities. Paper discovered that the various national governments lost their sovereignty power due to their fairness over creating difficult laws that would regulate MNCs operations. Host nations jurisdictions in vulnerable areas are powerless when it comes to the control of multinational corporations. Recommendations have been made to the all stake holders that involve in the MNCs exploitation manipulations.