Olam Agri: Multinational corporations and CSR in Nigeria

In a time when many Nigerians are grappling with the harsh realities of a failing system, it is heartening to witness the exemplary corporate responsibility shown by Olam Agri. Their recent awarding of scholarships to deserving students across the nation is not just a testament to their generosity, but a reminder of how multinational corporations should operate in Nigeria.

Olam Agri has once again proven that beyond business, a commitment to the welfare and future of the people should be paramount. By investing in the education of our youth, they are sowing seeds that will yield a harvest of hope, knowledge, and progress for generations to come. This is not mere charity; it is a powerful example of how a corporation can step in and uplift the community at a time when government structures seem to be faltering.

As one of the leading players in Nigeria’s agricultural sector, Olam Agri has continually demonstrated that corporate social responsibility (CSR) is not just a checkbox in their business model, but a core value. By making Nigeria’s problems their problems, they are not only enriching lives but also building the fabric of a stronger, more resilient society. It is this kind of commitment that other multinational corporations in Nigeria must emulate.

To further demonstrate its unwavering dedication to improving the lives of Nigerians across the value chain, Olam Agri, a leading agribusiness in Nigeria, has awarded scholarships to students in its host communities.

The company’s Integrated Feed & Animal Protein (IFP) unit announced a significant back-to-school scholarship initiative, a testament to its commitment to community development for the children of its employees and members of its host communities in Ilorin and Kaduna.

The project is part of Olam Agri’s Seeds for the Future (SFTF) initiative, which is committed to ensuring a secure and sustainable future for local populations. The scholarships cover educational expenses for selected students, including tuition, books and uniforms. By investing in education, Olam Agri aims to create brighter futures for young people while contributing to the development of local communities.

The Business Head of Integrated Feed & Protein at Olam Agri, Amit Agarwal, said, “we believe education is a fundamental right and a powerful tool for unlocking potential. These scholarships represent our investment in the future of our employees’ children and those in the communities we serve. We hope this support will inspire them to achieve their academic goals and contribute to society.”

Managing Director of Olam Agri in Nigeria, Anil Nair, added that, “this is a business that started in Nigeria 35 years ago. We prioritise investments that positively impact the communities where we operate, aligning with the Federal Government’s Renewed Hope Agenda. By providing educational opportunities, we are helping to build a more sustainable and progressive future for the beneficiaries.”

Nair further explained that Olam Agri’s commitment to education goes beyond financial support. The company is also involved in school infrastructure improvements, teacher training programmes and literacy initiatives, demonstrating a holistic approach to community development.

Meanwhile, Obi Amarachukwu, a scholarship recipient and student at Essence International School, Kaduna, shared the personal impact of the scholarship: “This generous scholarship has eased our financial burden. My parents can now focus on other needs. On behalf of my family and other beneficiaries, I want to say a big ‘thank you’ to Olam Agri.”

Similarly, Alhaji Ibrahim Isiaka, the Asiwaju of Ogbondoroko Land, Ilorin, Kwara State, shared his appreciation: “On behalf of the entire community, we sincerely thank Olam Agri for supporting our children through the Back-to-School Scholarship programme. This initiative has been a lifeline for many families, allowing our young people to pursue their education. Olam Agri’s commitment to community development is commendable and we are honoured to have them as partners in our community’s progress.”

We at CSR Reporters commend Olam Agri for their continued dedication to addressing social challenges, and we urge other organizations to take a cue. At a time when public institutions are struggling, the role of the private sector in driving positive change has never been more critical. Olam Agri stands as a shining example that together, we can create a brighter future for Nigeria.

Let this be a clarion call to all—our people need you, now more than ever.