Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products

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 CONTENTS

Title
Certification
Dedication
Acknowledgement
Abstract
Table Of Content

 

CHAPTER ONE
1.0 INTRODUCTION

1.1 Background Of The Study
1.2 Statement Of Research Problem
1.3 Objective Of The Study
1.4 The Research Question
1.5 Statement Of The Hypothesis
1.6 The Significance Of The Study
1.7 The Scope Of The Study

CHAPTER TWO
2.0 LITERATURE REVIEW

2.1 The Theoretical Review Of The Study
2.2 The Empirical Review Of The Study

CHAPTER THREE
3.0 RESEARCH METHODOLOGY

3.1 Introduction
3.2 Sources Of Data
3.3 Method Of Data Analysis
3.4 Model Specification
3.5 Economic Aprior Test
3.6 Evaluation Of Model
3.7 Evaluation Based On Econometric Criteria

CHAPTER FOUR
4.0 PRESENTATION AND ANALYSIS OF RESULTS

4.1 Presentation And Interpretation Of Results
4.2 Economic Aprior Criteria
4.3 Statistical Criteria
4.4 Econometrics Criteria

CHAPTER FIVE
5.0 SUMMARY OF FINDINGS, POLICY RECOMMENDATION AND CONCLUSION

5.1 Discussion Of Findings
5.2 Policy Recommendation
5.3 Conclusion
Bibliography

APA

Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products. (n.d.). UniTopics. https://www.unitopics.com/project/material/impact-of-petroleum-subsidy-on-the-consumption-of-petroleum-products/

MLA

“Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products.” UniTopics, https://www.unitopics.com/project/material/impact-of-petroleum-subsidy-on-the-consumption-of-petroleum-products/. Accessed 18 January 2025.

Chicago

“Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products.” UniTopics, Accessed January 18, 2025. https://www.unitopics.com/project/material/impact-of-petroleum-subsidy-on-the-consumption-of-petroleum-products/

WORK DETAILS

Chapters:
5
Pages:
89
Words:
8953

Here’s a typical structure for Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products research projects:

  • The title page of Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products should include the project title, your name, institution, and date.
  • The abstract of Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
  • The introduction of Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products should provide the background information, outline the research problem, and state the objectives and significance of the study.
  • Review existing research related to Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products, identifying gaps the study aims to fill.
  • The methodology section of Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products should describe the research design, data collection methods, and analytical techniques used.
  • Present the findings of the Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products research study using tables, charts, and graphs to illustrate key points.
  • Interpret Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products results, discussing their implications, limitations, and potential areas for future research.
  • Summarize the main findings of the Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products study and restate its significance.
  • List all the sources you cited in Impact Of Petroleum Subsidy On The Consumption Of Petroleum Products project, following a specific citation style (e.g., APA, MLA, Chicago).