| Summary: |
It is usually assumed that there are sufficient legislations to regulate the Nigerian business community and combat corporate irresponsibility but that the challenge lies in lackadaisical enforcement by regulators. This article queries this assumption and analyses the CSR regulatory landscape in corporate Nigeria. It depicts bleak pictures of weak regulations, faulty legal transplantation of foreign principles, lackadaisical attitude to enforcement, double operational standards of multinational enterprises (MNEs), and incoherence and policy disparity between CSR regulatory provisions in primary legislations on the one hand and their subsidiary laws on the other hand. It argues that the challenge rather borders on faulty and disjointed legislations grossly undermined by fallacious legal transplantation. In the end, the article sets an agenda for the harmonization of the disjointed CSR framework in highlighted primary and subsidiary legislations in line with best international standards.
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