THE IMPACT OF THE OIL SECTOR ON THE NIGERIAN ECONOMY
Table Of Contents
Chapter ONE
1.1 Introduction1.2 Background of Study
1.3 Problem Statement
1.4 Objective of Study
1.5 Limitation of Study
1.6 Scope of Study
1.7 Significance of Study
1.8 Structure of the Research
1.9 Definition of Terms
Chapter TWO
2.1 Overview of the Oil Sector2.2 Historical Development of the Nigerian Oil Sector
2.3 Importance of the Oil Sector in the Nigerian Economy
2.4 Challenges Faced by the Oil Sector
2.5 Government Policies Affecting the Oil Sector
2.6 Impact of Oil Prices on the Nigerian Economy
2.7 Environmental Concerns Related to the Oil Sector
2.8 Technological Advancements in the Oil Sector
2.9 International Relations and the Oil Sector
2.10 Future Outlook for the Nigerian Oil Sector
Chapter THREE
3.1 Research Design3.2 Population and Sampling Techniques
3.3 Data Collection Methods
3.4 Data Analysis Procedures
3.5 Research Ethics
3.6 Research Limitations
3.7 Validity and Reliability
3.8 Research Instrumentation
Chapter FOUR
4.1 Overview of Findings4.2 Oil Sector's Contribution to GDP
4.3 Employment Impact of the Oil Sector
4.4 Revenue Generation from the Oil Sector
4.5 Social and Economic Development
4.6 Environmental Impact of the Oil Sector
4.7 Challenges Faced by the Oil Sector
4.8 Comparison with Other Sectors
Chapter FIVE
5.1 Summary of Findings5.2 Conclusion
5.3 Recommendations for Policy and Practice
5.4 Implications for Future Research
5.5 Contribution 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 Therefore what the sector gives in one form is withdrawn from the economy in another forms, more – or – less, the economy remain stagnant, thus the irony of the impact of the oil sector on the Nigerian economy.
Thesis Overview
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