Abstract of Privatization and Commercialization of Nigerian Na
International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064

Downloads: 114 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1

Research Paper | Economics | Nigeria | Volume 3 Issue 8, August 2014

Privatization and Commercialization of Nigerian National Petroleum Corporation Oil Refineries in Nigeria

Taiwo A. Gbenga, Ademuyiwa A. Mukaila, Adedokun O. Micheal, Sojobi Olayiwola A.

Nigeria economy relies solely on Petroleum products. Oil revenue accounts for more than seventy percent (70 %) of the total Federal collected revenue. Every sector of the economy relies mostly on power to survive and the main source of power today remains the petroleum industry. The sluggish performances of the economy in the last two decades have been attributed to the problems in Nigerian oil industries. Observers see government involvement in the industry as the major cause of the problem. Government has equally realized the need to move the economy forward, which can only be achieved by her willingness to do away with the monster called Petrol chemical industry. This paper explains the meaning of privatization and commercialization policy of government, Nigerian refineries nature, critical issues on privatization by the use of primary and secondary data (structured questionnaire), existing literature and recommendations are based on gathered opinion of Nigerians.

Keywords: Nigerian economy, petroleum products, privatization and commercialization

Edition: Volume 3 Issue 8, August 2014

Pages: 643 - 648

Share this Article

How to Cite this Article?

Taiwo A. Gbenga, Ademuyiwa A. Mukaila, Adedokun O. Micheal, Sojobi Olayiwola A., "Privatization and Commercialization of Nigerian National Petroleum Corporation Oil Refineries in Nigeria", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=2015264, Volume 3 Issue 8, August 2014, 643 - 648

Enter Your Email Address


Similar Articles with Keyword 'Nigerian economy'

Downloads: 118

Research Paper, Economics, Nigeria, Volume 5 Issue 8, August 2016

Pages: 1760 - 1764

Oil Revenue and Nigeria Macroeconomic Performance: An Econometric Analysis

Dr Fredrick Asogwa, Linus Donatus Okpongette

Share this Article

Downloads: 128

Research Paper, Economics, Nigeria, Volume 8 Issue 8, August 2019

Pages: 1460 - 1467

Impact Analysis of Trade Liberalization and the Naira Exchange Rate

Nnamdi Chinwendu Nwaeze, Uche Emmanuel

Share this Article

Similar Articles with Keyword 'petroleum products'

Downloads: 125

Research Paper, Economics, Morocco, Volume 7 Issue 11, November 2018

Pages: 1934 - 1937

The Macroeconomic Impacts of Reforming Subsidy Policy in Morocco

Moustapha Hamzaoui, Safaa El Yahyaoui

Share this Article

Downloads: 135

Research Paper, Economics, Morocco, Volume 7 Issue 11, November 2018

Pages: 1938 - 1941

A Benchmark of Implementing Energy Subsidy Reforms: Case Studies on Brazil, Chile, Indonesia, Turkey and Morocco

Moustapha Hamzaoui, Safaa El Yahyaoui

Share this Article

Similar Articles with Keyword 'Nigerian'

Downloads: 118

Research Paper, Economics, Nigeria, Volume 5 Issue 8, August 2016

Pages: 1760 - 1764

Oil Revenue and Nigeria Macroeconomic Performance: An Econometric Analysis

Dr Fredrick Asogwa, Linus Donatus Okpongette

Share this Article

Downloads: 128

Research Paper, Economics, Nigeria, Volume 4 Issue 4, April 2015

Pages: 1592 - 1600

Empirical Analysis of Exchange Rate Volatility and Nigeria Stock Market Performance

Muhammad Lawal, Victor UshahembaIjirshar

Share this Article

Similar Articles with Keyword 'economy'

Downloads: 227 | Monthly Hits: ⮙1

Research Paper, Economics, India, Volume 9 Issue 4, April 2020

Pages: 1262 - 1264

Relief to the Indian Economy Struggling with the Corona Pandemic

Dr. Gayatri Tanwar

Share this Article

Downloads: 251

Research Paper, Economics, India, Volume 9 Issue 3, March 2020

Pages: 393 - 395

Self Help Groups: A Mechanism for Social Entrepreneurship

Dr. Gaonkar Gopalakrishna M, Manjunatha M

Share this Article

Similar Articles with Keyword 'petroleum'

Downloads: 118

Research Paper, Economics, Nigeria, Volume 5 Issue 8, August 2016

Pages: 1760 - 1764

Oil Revenue and Nigeria Macroeconomic Performance: An Econometric Analysis

Dr Fredrick Asogwa, Linus Donatus Okpongette

Share this Article

Downloads: 124

Research Paper, Economics, Morocco, Volume 8 Issue 1, January 2019

Pages: 1982 - 1986

The New Flexible Exchange Rate Regime in Morocco: A Tool to Improve National Economic Growth or a Further Burden on Exportations Dependency?

Moustapha Hamzaoui, Safaa El Yahyaoui

Share this Article

Similar Articles with Keyword 'products'

Downloads: 180

Dissertation Chapters, Economics, Uzbekistan, Volume 7 Issue 12, December 2018

Pages: 489 - 492

Analyzes of Consumption of Food Products in Gross Domestic Production in Uzbekistan

Umarov Ilkhomjon Yuldashevich

Share this Article

Downloads: 115

Research Paper, Economics, India, Volume 9 Issue 6, June 2020

Pages: 1176 - 1179

An Economics Analysis of Rose Production System in Pushkar Sub-Tehsil of Ajmer

Dr. Gayatri Tanwar

Share this Article
Top