Engaging Corporate Social Responsibility (CSR) and Publicprivate Partnerships (Ppps) for Nigeria’s Human Capital Development
Summary
In most civilized cultures, payback is normally required when an individual(s),agency or organisation has benefitted immensely or enjoys considerablepatronage from a particular socio-cultural environment. Globally, companiesand organisations contribute their quota to national development byintervening in deficient areas and also by taking up some social responsibilitieslike offering educational sponsorships to indigent members of the communityand providing infrastructural support. Even though corporate agencies inNigeria also get so involved, it is the contention of this paper that a lot morecan be done utilizing extraneous tracks such as CSR and PPPs to fast trackNigeria’s human capital development. For instance, it is suggested that apragmatic CSR and PPPs system needs to be put in place that will ensure that a symbiotic relationship exists between the public and the private sectorsin addressing specific areas of need in tertiary education. Firms and multinational agencies should initiate more PPPs in higher education to help inachieving Nigeria’s vision 20-20-20