Purpose – This paper aims to examine the prospect of utilising corporate social responsibility and entrepreneurship (CSRE) as antidotes for mitigating the incidences of poverty, insecurity and underdevelopment in Nigeria. The paper derives its theoretical foundation from the stakeholder, instrumental and legitimacy theories, which all justify the use of CSRE for actualisation of Triple Bottom Line (i.e. the social, economic and environmental concerns of business organisations). Design/methodology/approach – The study used the quantitative research method relying on the use of secondary data published by institutional bodies. The quantitative method entail a systematic extraction of reliable data on corporate social responsibility (CSR), insecurity, poverty and development from the publications of Office of the Millennium Development Goals in Nigeria, CLEEN Foundation, National Bureau of Statistics and Central Bank of Nigeria, respectively. For missing years, the authors improvised using projections as well as proxies. The extracted data, which spanned a period of 13 years, were subjected to econometric tests using SPSS, on the basis of which informed conclusions were drawn. Findings – The first econometric result indicates a negative relationship between gross domestic product and poverty. The second result indicates that there is a positive significant relationship between gross domestic product and total crime rate. The third result indicates that there exists a positive relationship between gross domestic product and unemployment rate. The fourth result indicates that there is a negative relationship between gross domestic product and industrial growth rate. The last result indicates that there is a significant positive relationship between gross domestic product and CSR. Research limitations/implications – The results of this research have macro-level application, hence the outcomes cannot be narrowed to any particular sector of the economy. A micro-level analysis across diverse sectors of the economy is recommended in future studies. The implication of this empirical research is that policymakers in the Nigerian private sector need to reinvent their CSR programmes as mechanisms for poverty eradication, entrepreneurship development (CSRE), dousing tension of restive youth, empowerment/support for security agencies for better crime prevention and for impacting on sustainable development. Practical implications – In the face of dwindling financial resources in the treasury of governments, the reinvention of CSRE by private sector organisations as complementary mechanisms for combating social problems is becoming acceptable in both developed and developing nations. This paper therefore boldly recommends that policymakers reinvent CSRE as development mechanisms through a sound partnership between government, advocacy groups and business corporations in Nigeria. Social implications – The paper explicates that CSR can indeed be reinvented by corporations as part of their social concerns to their operating environment instead of leaving all social problems to governments. Originality/value – The research lends credence to stakeholder, instrumental and legitimacy theories of CSR. It also justifies the plausibility of CSRE, a novel concept being promoted in this research.

PurposeThe purpose of this paper is to examine the possibility of fast‐tracking sustainable economic growth and development in Nigeria through mainstreaming of the benefits of international migration and inflow of remittances from abroad.Design/methodology/approachThe methodology employed in this research is the planned and systematic collection of qualitative and quantitative data on selected macro‐economic variables from the publications of the Central Bank of Nigeria (CBN) and National Bureau of Statistics (NBS) for a period spanning 36 years (1970‐2006). A multiple regression analysis was carried out, using E‐view statistical package, to validate the prospect of fast‐tracking sustainable economic growth and development in Nigeria through international migration and remittances links.FindingsThere are four findings from this research: there exists a negative relationship between the gross domestic product (GDP) and inflation rate (IR); there exists a negative relationship between GDP and net inflow (NI); there exists a positive relationship between the GDP and foreign private investment (FPI); and there exists a positive relationship between the GDP and external reserve (ER).Practical implicationsThe major practical implication of this paper is that government, financial institutions, immigration departments and Nigerian professionals in Diaspora have a monumental role to play for positive, timely and accurate documentation of international migration data and inflow of remittances for developmental purposes.Originality/valueThis research paper supports the neo‐classical migration theory and segmented labour market theory in economics.