Business
Bizman Tasks Firms On CSR
A businessman in Port
Harcourt Mr.
Geoffery Amadi has called on companies operating in the State to live up to expectation by ensuring that their host communities are provided with Corporate Social Responsibility services as required by law.
The businessman who is the chairman of Amadi Ventures, said this in an interview with newsmen in Port Harcourt, Monday.
He said part of the company related crises are caused by the failure of the companies to meet up with their social responsibility services.
Amadi noted that if the companies act accordingly, the issue of rural development would be settled.
According to him, the companies operating in the state are not being fair to the people going by the level of support they are enjoying from the people. He explained that the companies have the capacity and responsibilities to transform their host communities to a world class.
Amadi, who also is a revenue consultant, hinted that most companies, especially the oil producing ones are only after profit maximization.
He further called on the State Government to clamp down on the companies and ensure that all their duties to host communities are performed.
The businessman maintained that the companies operating in the State should be transparent and act in line with international principles.
He however called on the host communities to always insist on full implementation of their Memorandum of Understanding (MoU) and not to accept peanuts from them.