By Princewill Ekwujuru

The Director General of Consumer Protection Council (CPC) said  withdrawal of Government funding from vital areas of production is putting pressure on the private sector in discharge of their social responsibility programmes.

Mrs. Ify Emenyi, Director General, CPC made the disclosure at a workshop on Social Responsibility organised by the Swedish Embassy in Nigeria in conjunction with the Swedish Trade Council , Consumer Protection Council and the Lagos State Chamber of Commerce and Industry (LCCI) in Lagos recently where she said that the dwindling nature of government funding and the withdrawal of government from vital areas of production like telecommunications, transportation appears to put more pressure on the private sector in the discharge of their social responsibility programmes.

“All these put together have led to closer scrutiny and condemnation of the social responsibility programmes of many private sector organisations.”

With all these, she said there is still hope, stating that the ISO 26000 Guidance Standard on SR, which was approved recently made elaborate provisions in areas of core SR subjects like organisational governance, human rights, labour practices, the environment, fair operating practices, consumer issues and community involvement and development

Speaking, Per Lindgarde, Swedish Ambassador to Nigeria said that the, “promotion of CSR is an important link between cornerstones of Swedish policy;an open trade policy and a foreign and development policy that strongly emphasises the importance of human rights and a sustainable global development.” Continuing, he said, “SR is good for business and good for everyone. Investing in SR results in higher returns. It makes sense: economically, morally, politically and environmentally. The world is gradually realizing this, he said.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.