ATTENTION:
BEFORE YOU READ THE
PROJECT WORK, PLEASE READ THE INFORMATION BELOW. THANK YOU!
TO GET THE FULL
PROJECT FOR THE TOPIC BELOW PLEASE CALL:
08068231953,
08168759420
TO GET MORE PROJECT
TOPICS IN YOUR DEPARTMENT, PLEASE VISIT:
THE EFFECT OF
DEREGULATION OF THE OIL SECTOR ON THE NIGERIAN ECONOMY
ABSTRACT
This research work
examines the effect of deregulation of the oil sector on the Nigerian Economy,
it examines the definition, reasons modes, theories, problems as well as the
solution to deregulation and its relation to privatization policy in the course
of carrying out the investigation, hypothesis were stated and literature like
magazine, textbooks, information from the internet, newspapers and
questionnaires were prepared, and used in order to effectively and critically
examines this issues and how it affects the general public with a view of
making recommendation on how best to ensure the effective implementation of the
policy. This project provides a background information of the topic of
discussion with the purpose of assessing the effects of deregulation of oil
sector on the Nigerian economy and examines the reasons, problems and solutions
to deregulation. In an attempt to carryout this investigation, the study
centred around the down stream oil sector with specific reference to the
Nigerian economy
TABLE OF CONTENT
CHAPTER
ONE
Introduction
1.1
Background of study
1.2
Statement of problem
1.3
Purpose of study
1.4
Scope of study
1.5
Significance of study
1.6
Hypothesis of study
1.7
Limitation of the study
CHAPTER TWO
Literature Review
2.1
Meaning of deregulation
2.2
Modes of deregulation
2.3
Theories of deregulation
2.4
Review of privatization
2.5
Review of achievement of the deregulation in Nigeria
2.6
The effect of deregulation on the Nigeria economy
2.7
Review of possible solution to the problems of deregulation
CHAPTER THREE
Methodology
3.1
Research Design
3.2
Area of study
3.3
Population/Sample
3.4
Research Instrumentation
3.5
Administration and collection of data
3.6
Procedure of data analysis
CHAPTER FOUR
Presentation and discussion of results
4.1
Data presentation
4.2
Analysis of data
CHAPTER FIVE
5.1
Summary of findings
5.2
Conclusion
5.3
Recommendation
REFERENCES
QUESTIONNIARE
CHAPTER ONE
INTRODUCTION
1.1
BACKGROUND OF THE STUDY
The economic system practiced by any country determines the type of economic
policy that country produces, that is determines the monopoly of power of power
in production and distribution activities with special reference to the
ownership, decision making as well as incentive structure operating in the
country. Karl Polory (1964) distinguishes three (3) main types of economic
system as the traditional (subsistence) planned (command) and market economy.
However, the field of comparative economic system breaks the above categories
into the capitalism, socialism and communism.
The economic system operative in Nigeria are basically the capitalism,
socialism and communism system. But with the collapse of the communism and
socialism economic policies in 1986 to give rise to a unipolar economic
system-capitalism the policy of “deregulation” has been found expedient to
implement.
This policy (deregulation) was first mooted during the military era but was
given fillip by the present administration.
1.2
STATEMENT OF PROBLEM
The problems surrounding the deregulation of oil sector which this research
topic aims to investigate are:
Does deregulation affect the price of
petroleum?
Does deregulation affect the price of
goods and services?
Does deregulation encourage the growth
of the economy?
Does deregulation improve the standard
of living of the people?
1.3
PURPOSE OF THE STUDY
The major objectives of this study are to access
1)
The effects of deregulation of the oil sector on the Nigerian economy.
2)
The season and problems of deregulation of the Nigeria oil sector.
3)
To proffer solution based on findings on the study that will be useful for
deregulation policy and achievement of stable balance of payments.
1.4
SCOPE OF THE STUDY
The scope of this project will centre around the deregulation of the down
stream sector as it affects other sectors of the economy with specific
reference.
1.5
SIGNIFICANCE OF THE STUDY
This study is significant in the sense that it looks into the deregulation of
the Nigeria oil sector as a means of liberalizing the economy and encouraging
competition hence, this study is beneficial to both academicians and non
academicians as it will enable them know, and it will also suggest solutions to
some of the problems associated with the policy.
1.6
HYPOTHESIS OF THE STUDY
To empirically carry
out this research, the following hypotheses have been formulated for testing.
a)
Ho 1: deregulation of the oil sector does not significantly affect the pump
price of petroleum products.
b)
Ho 2: deregulation of the oil sector does affects significantly the pump price
of petroleum products.
AFFILIATE LINKS:
Comments
Post a Comment