Deregulation and Privatisation of the Upstream and Downstream Oil and Gas Industry in Nigeria: Curse or Blessing?

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dc.contributor.authorAbu, I.N
dc.contributor.authorChidi, O.C
dc.date.accessioned2017-10-27T14:05:48Z
dc.date.available2017-10-27T14:05:48Z
dc.date.issued2012
dc.descriptionStaff Publicationsen_US
dc.description.abstractThe purpose of this study is to examine the perception of Nigerians on the deregulation and privatisation moves of the government in the oil and gas industry in Nigeria. The oil and gas industry is strategic to national development and growth in Nigeria. Oil and gas constitute about 90% of Nigeria’s foreign exchange earnings and 83% of its GDP. This study adopted the survey research design. It was found that the deregulation and privatisation of the oil and gas industry will usher in sustainable national development and will be a blessing rather than a curse for the citizenry. 77.8% of the respondents believe that the deregulation and privatisation of the oil and gas industry will be a blessing to Nigerians and 80.6% of the respondents do not believe that the deregulation and privatisation of the oil and gas industry will be a curse to Nigerians. The authors recommend that strategic sectors such as oil and gas as well as the power sector should be deregulated and privatised for sustainable national development.en_US
dc.identifier.citationAbu, I.N and Chidi, O.C (2012) Deregulation and Privatisation of the Upstream and Downstream Oil and Gas Industry in Nigeria: Curse or Blessing?. International Journal of Business Administration, Vol.3(1).en_US
dc.identifier.issn1923-4007(Print)
dc.identifier.issnISSN 1923-4015(Online)
dc.identifier.issnhttps://doi.org/10.5430/ijba.v3n1p16
dc.identifier.urihttp://www.sciedu.ca/journal/index.php/ijba/article/view/694
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2616
dc.language.isoenen_US
dc.publisherSciedu Pressen_US
dc.subjectGas and Oil Industryen_US
dc.subjectNational Developmenten_US
dc.titleDeregulation and Privatisation of the Upstream and Downstream Oil and Gas Industry in Nigeria: Curse or Blessing?en_US
dc.typeArticleen_US
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