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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
Deregulation Of The Oil And Gas Industry In Nigeria, F. Kupolokun
Deregulation Of The Oil And Gas Industry In Nigeria, F. Kupolokun
Economic and Financial Review
This paper examine various developmental reforms in Nigeria Oil and Gas sector. The case study adopted is the survey method approach to ascertain various reforms in the sector. The findings revealed factors such as ( a) Petroleum Products scarcity ; (b) Funding problems for NNPC leading to irregular maintenance of refining and distribution facilities ; ( c) Refining capacity under-utilization ; ( d) Smuggling of Petroleum products; ( e) Divestment by marketers; (f) Wastages; (g) Adulteration of products and fire hazards; (h) Social and political unrest; (i) Poor economic growth; and (j) Rampant pipeline ruptures and vandalization. And, in tackling …
Opening Remarks: Seminar On Current Economic Reforms In Nigeria: The Case Of Deregulating The Downstream Petroleum Subsector, S. B. C. Ekpedekumo
Opening Remarks: Seminar On Current Economic Reforms In Nigeria: The Case Of Deregulating The Downstream Petroleum Subsector, S. B. C. Ekpedekumo
Economic and Financial Review
This is the opening remarks by S. B. C. Ekpedekumo, Acting. Director; Human Resources Department, central Bank of Nigeria, at the In-house seminar on “current economic reforms in Nigeria: the case of deregulating the downstream petroleum subsector’’ for CBN Executive Staff, Ilorin, October 25 . 29, 2004.
Deregulation Of The Downstream Petroleum Sector: The Journey So Far, Oluwole Oluleye
Deregulation Of The Downstream Petroleum Sector: The Journey So Far, Oluwole Oluleye
Economic and Financial Review
This article examines deregulation of the downstream petroleum sector in Nigeria. The article first discusses: the Nigerian government's aspirations as at 1999, evolution of the present deregulation policy, deregulation concept and downstream operators. This is followed by an examination of the Nigerian government responsibilities to operators, responsibilities of oil marketing companies, responsibilities of industry associations and responsibilities of regulatory authorities. The article then explains the mandate and vision of the PPPRA in addition to its goals and objectives. Other issues addressed by the article include: appropriate pricing, global taxation scheme, policy development in fuel taxation objectives, appropriate pricing policy. Experiences …
The Social Implications Of The Deregulation Of The Downstream Petroleum Sub-Sector, Ogecbukwu Ugbam
The Social Implications Of The Deregulation Of The Downstream Petroleum Sub-Sector, Ogecbukwu Ugbam
Economic and Financial Review
This article examines the social implications of the deregulation of the downstream petroleum sub-sector in Nigeria. The deregulation of the downstream petroleum sector is part of the economic reform package of the present administration that is designed to among diversify the economic base of the country and reduce the relative dominance of the oil sector, and to create a vibrant sector that can respond to the rigors of market forces (NEEDS Document,). The article covers topics that include: an examination of the the downstream sub-sector and the rationale for deregulating the downstream sub-sector. This is that optimal allocation of resources …