THE IMPACT OF THE OIL SECTOR ON THE NIGERIAN ECONOMY (A CASE STUDY OF DELTA STATE)
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THE IMPACT OF THE OIL SECTOR ON THE NIGERIAN ECONOMY (A CASE STUDY OF DELTA STATE)
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one form is withdrawn from the economy in another forms, more – or –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.
THE IMPACT OF THE OIL SECTOR ON THE NIGERIAN ECONOMY (A CASE STUDY OF DELTA STATE)
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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... accounting project topics
THE IMPACT OF THE OIL SECTOR ON THE NIGERIAN ECONOMY (A CASE STUDY OF DELTA STATE)