Because in unilaterally moving their respective headquarters out of the Niger Delta region, they are simply refusing to engage their respective host/impacted communities, fully. That hard-to-fathom refusal to comprehensively engage host/impacted communities lay at the centre of the problems in the Niger Delta region. Nigeria’s Niger Delta region is a leading member of that hapless club. What sets stakeholders capitalism apart from its predecessors of shareholders and state capitalisms respectively, is that stakeholders capitalism fully captures the social and environmental components in projects’ costing. Namely, Nigeria should earnestly adopt stakeholders capitalism as an effective model for changing the soul-rending narrative of the Niger Delta regions.

Source: The Guardian December 31, 2019 03:45 UTC