DEREGULATION OF THE OIL SECTOR IN NIGERIA: ISSUES AND PROSPECTS.

Format: MS WORD | Chapter: 1-5 | Pages: 55 | 1220 Users found this project useful | Price NGN5,000

DEREGULATION OF THE OIL SECTOR IN NIGERIA: ISSUES AND PROSPECTS

ABSTRACT

The abysmal performance of the downstream oil sector has beleaguered the socio-economic wellbeing of Nigerians. As a result, government introduced several reforms that would encourage private sector participation and enhance production. The study interrogated the link between deregulation of the oil sector in Nigeria: issues and prospects. Using the elite theory as its framework of analysis, the secondary method of data collection, and the qualitative-descriptive method of data analysis as its methodology, the study examined the corrupt practices that have beleaguered the downstream oil sector, and concluded that deregulation of the downstream oil sector has not enhanced economic development in Nigeria. Among other things, the study recommended that government should, as a matter of urgency, fix the country’s incapacitated refineries for optimal production; that all legislative bottlenecks facing the speedy passage of the petroleum industry bill should be tackled so that the-much-talked-about policy of deregulation can become feasible.

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Project information

Project Price

NGN5,000
Number of Pages

55
Number of Chapters

1-5
Additional Content

Abstract,Table of content and Questionnaire

DEREGULATION OF THE OIL SECTOR IN NIGERIA: ISSUES AND PROSPECTS.

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