THE IMPACT OF THE OIL SECTOR ON THE NIGERIAN ECONOMY | Blazingprojects Postgraduate Thesis
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THE IMPACT OF THE OIL SECTOR ON THE NIGERIAN ECONOMY

 

Table Of Contents


Chapter ONE

INTRODUCTION

  • 1.1Introduction
  • 1.2Background of Study
  • 1.3Problem Statement
  • 1.4Objective of Study
  • 1.5Limitation of Study
  • 1.6Scope of Study
  • 1.7Significance of Study
  • 1.8Structure of the Research
  • 1.9Definition of Terms

Chapter TWO

LITERATURE REVIEW

  • 2.1Overview of the Oil Sector
  • 2.2Historical Development of the Nigerian Oil Sector
  • 2.3Importance of the Oil Sector in the Nigerian Economy
  • 2.4Challenges Faced by the Oil Sector
  • 2.5Government Policies Affecting the Oil Sector
  • 2.6Impact of Oil Prices on the Nigerian Economy
  • 2.7Environmental Concerns Related to the Oil Sector
  • 2.8Technological Advancements in the Oil Sector
  • 2.9International Relations and the Oil Sector
  • 2.10Future Outlook for the Nigerian Oil Sector

Chapter THREE

RESEARCH METHODOLOGY

  • 3.1Research Design
  • 3.2Population and Sampling Techniques
  • 3.3Data Collection Methods
  • 3.4Data Analysis Procedures
  • 3.5Research Ethics
  • 3.6Research Limitations
  • 3.7Validity and Reliability
  • 3.8Research Instrumentation

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • 4.1Overview of Findings
  • 4.2Oil Sector's Contribution to GDP
  • 4.3Employment Impact of the Oil Sector
  • 4.4Revenue Generation from the Oil Sector
  • 4.5Social and Economic Development
  • 4.6Environmental Impact of the Oil Sector
  • 4.7Challenges Faced by the Oil Sector
  • 4.8Comparison with Other Sectors

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • 5.1Summary of Findings
  • 5.2Conclusion
  • 5.3Recommendations for Policy and Practice
  • 5.4Implications for Future Research
  • 5.5Contribution to Existing Knowledge

Thesis Abstract

This research was prompted by the obvious dominant role of the oil sector in the Nigerian economy. The urge to know the extent to which this sector affects the economic life of the people, led therefore to the analysis of the impact of the oil industry on the Nigeria economy.

The economic impact which was categorized into positive and Negative on the bases of their economic contribution was thus revealed by the result of the regression analysis.

The study discovers therefore that though oil contributes significantly to revenue, foreign exchange, production and per capital income, it also plays significant role in terms of its contribution to rising prices, imports and inflation. Therefore what the sector gives in one form is withdrawn from the economy in another forms, more – or – less, the economy remain stagnant, thus the irony of the impact of the oil sector on the Nigerian economy.


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