+234 813 0686 500
+234 809 3423 853
info@grossarchive.com

THE IMPACT OF PETROLEUM SUBSIDY ON THE CONSUMPTION OF PETROLEUM PRODUCTS IN NIGERIA

  • Type:Project
  • Pages:77
  • Format:Microsoft Word
(Economics Project Topics & Materials)
ABSTRACT
The petroleum sector is an indispensable body in Nigeria economy. It has remained the Nigerian biggest revenue earner. It still brings in more than 80% of the foreign exchange earned by the country. However, this resulted in the shortage of the quantities of petroleum products consumed locally in the country. Hence, the problem of development is generally faced in Nigeria. This work will as well go to show what actually constitute the petroleum subsidy in Nigeria. It will analyze the cost to the government if not removed and the welfare of the local consumers. It will also reveal to a greater extent what effect it has on the GDP of the economy, at its full sustenance, partly to be taken in the issue of petroleum subsidy in Nigeria. The research work used a dummy variable to explain its finds(1 when there is subsidy and 0 when there is no subsidy).The research work however, looks into the impact of petroleum subsidy on the consumption of petroleum products in Nigeria and it was found that there are more consumption of petroleum products with subsidy than without. Among other recommendations the study opines that government should diversify the economy as quickly as possible and direct its positives to other sector of the economy that have been overlooked.

TABLE OF CONTENT
Title i
Certification ii
Dedication iii
Acknowledgement iv
Abstract v
Table of content vi

CHAPTER ONE
Introduction 1
1.1 Background of the study 4
1.2 Statement of research problem 6
1.3 Objective of the study 7
1.4 The research question 8
1.5 Statement of the hypothesis 9
1.6 The significance of the study 9
1.7 The scope of the study 10

CHAPTER TWO
Literature Review
2.1 The theoretical review of the study 11
2.2 The empirical review of the study 18

CHAPTER THREE
Research Methodology
3.1 Introduction 46
3.2 Sources of data 46
3.3 Method of data analysis 47
3.4 Model specification 48
3.5 Economic aprior test 50
3.6 Evaluation of model 51
3.7 Evaluation based on econometric criteria 52

CHAPTER FOUR
Presentation and analysis of results
4.1 Presentation and interpretation of results 54
4.2 Economic aprior criteria 56
4.3 Statistical criteria 58
4.4 Econometrics criteria 61

CHAPTER FIVE
Summary of findings, policy recommendation and conclusion
5.1 Discussion of findings 55
5.2 Policy recommendation 56
5.3 Conclusion 75
Bibliography 77
THE IMPACT OF PETROLEUM SUBSIDY ON THE CONSUMPTION OF PETROLEUM PRODUCTS IN NIGERIA

Share This

Details

Type Project
Department Economics
Project ID ECO0698
Price ₦3,000 ($9)
No of Pages 77 Pages
Format Microsoft Word

500
Leave a comment...

    Details

    Type Project
    Department Economics
    Project ID ECO0698
    Price ₦3,000 ($9)
    No of Pages 77 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT  The aim of this study is to empirically analyze the impact petroleum subsidy has had on petroleum products consumption in Nigeria over the period (1980-2010). Subsidy has been defined as a sum of money granted from public fund to help an industry or business keep the price of a commodity or service low. There have been a lot of... Continue Reading
    ABSTRACT This research study focuses on the impact of scarcity of petroleum products in Enugu State a vivid study on Enugu and its environs. The study tries to look in the researcher point of views on what should be done for continuous flow of petroleum products in Nigeria, Enugu State in... Continue Reading
    ABSTRACT The subject of this study “project” has been chosen because of its importance to the Nigerian economy, i.e. to examine the problem and prospect of marketing petroleum product in Nigeria using NNPC as a case study. Another objective may include examining the level and performance of NNPC in the marketing and distribution of... Continue Reading
    ABSTRACT           Transportation plays a key role in the development of a nation. This factor has long been seen as a major element helping the Economy to grow rapidly. It has recently been observed that transportation assist other sectors of the economy in carrying out their functions.           In the course of this research... Continue Reading
    ABSTRACT Data on this issue were collected through survey [question naira schedules] and that serves as a primary source of data to complement the secondary materials. These data were analyzed and some interesting revelation were made for e.g. it was discovered the constant randomization of oil pipelines, hoarding of petroleum products, striating... Continue Reading
    (A CASE STUDY OF NNPC NIGERIA) ABSTRACT The study on the problems and prospects of marketing petroleum products in Nigeria seeks to find out what causes or generated problems in the oil industry and tries to find a lasting solution to it for the benefit of all the public or... Continue Reading
    ABSTRACT This Research examined the relevance of Pipeline transportation to the marketing of Petroleum products in Nigeria. Toward this end 83 staff of the Nigeria national Petroleum Corporation (NNPC)’s offices in Enugu and Port-Harcourt were randomly selected to form the study sample. The 83 members of the study sample were given 83 copies of... Continue Reading
    ( A CASE STUDY OF KADUNA REFINNING AND PETROCHEMICAL COMPANY) ABSTRACT The study assessed the Problem of Petroleum Product Distribution in Nigeria. As such, the research questions that guided this study are: What are the constraints militating against Nigeria’s state... Continue Reading
    A CASE STUDY OF NNPC ENUGU AND PORT-HARCOURT ABSTRACT This Research examined the relevance of Pipeline transportation to the marketing of Petroleum products in Nigeria. Toward this end 83 staff of the Nigeria national Petroleum Corporation (NNPC)’s... Continue Reading
    ABSTRACT The aim of this study is to examine and determine the effects of uniform pricing policy on the marketing of petroleum products in Nigeria. Data were collected form primary and secondary data. The major data collection instrument is the questionnaire. The data were presented in table as frequency distribution and analyzed with frequencies... Continue Reading