JMGT_V11_N1_CS1 Yinka Kehinde Binuomoyo Journal on Management 2230 – 715X 11 1 28 41 CSR, Nigeria, Sustainable Development, MNCs, Niger Delta, Environment This paper applies the concept of Corporate Social Responsibility (CSR) to sustainable development. In doing so, the article develops insights into a development crisis Nigeria is faced with, paying particular attention to environmental issues using the case of the oil-rich Niger Delta, and assesses the effectiveness of CSR in achieving the objectives of sustainable development. The article examines the failure of government towards addressing the development of the Niger Delta region and advocates investment by corporate organizations in the region to directly impact the host communities. Central themes of the paper include economic and development sustainability, environmental degradation and concern for the welfare of the society. The paper also develops the context of the case, for the role of businesses in helping the country achieve an optimum level of sustainable development, using their CSR philosophies. Concern for the welfare of host communities of the oil MNCS have consequences for the corporate organizations, including the re-investment of part of their profits, to preserve and develop their host communities. The paper concludes with the need to establish a practicable institutional structure to implement CSR as mandatory for corporate organizations in not only the Niger Delta, but also everywhere else in the country. June - August 2016 Copyright © 2016 i-manager publications. All rights reserved. i-manager Publications http://www.imanagerpublications.com/Article.aspx?ArticleId=8072