EFFECTS OF UNIFORM PRICING POLICY ON THE MARKETING OF PETROLEUM PRODUCTS IN NIGERIA


EFFECTS OF UNIFORM PRICING POLICY ON THE MARKETING OF PETROLEUM PRODUCTS IN NIGERIA

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ABSTRACT

The aim of this study is to examine and determine the effects of uniform pricing policy in the marketing of petroleum products in Nigeria. Data were collected from primary and secondary data. The major data collection instrument is the questionnaire. The data were presented in table as frequency distribution and analyzed with frequencies and percentage. Having analyzed the data, findings were made: The existing pricing policy has resulted in uniform prices by the “Big 8” and different prices by independent marketers. The effects of the uniform pricing include: shortage of supplies relative to demand, diversion, bunkering and hoarding of petroleum products. Base on the findings the researcher therefore made the following recommendation. Firstly that the down sector should also be completely deregulated. More independent marketers should be given license to import and market the petroleum products. The government should create an enabling environment for this purpose. Foreign exchange should be made available to them adequately and all forms of tariffs should be removed from the imported products. The researcher concluded by saying that the protracted scarcity of petroleum products in Nigeria result from the breakdown of the refineries and the inadequate importation of the products into the country.

TABLE OF CONTENT
Cover page = = = = = = = = i
Title page = = = = = = = = = ii
Approval page == = = = = = = = iii
Dedication = = = = = = = = iv
Acknowledgement = = = = = = = v
Abstract = = = = = = = = = vi
Table of content = = = = = = = vii

CHAPTER ONE
INTRODUCTION
1.1 Background of the study = = = = = 1
1.2 Statement of problem = = = = = 3
1.3 Objectives of the study = = = = = 4
1.4 Hypothesis = = = = = = = 5
1.5 Hypothesis 2 = = = = = = = 5
1.6 Significance of the study = = = = = 6
1.7 Scope of limitations of the study = = = 7
1.8 Definition of terms. = = = = = = 8
1.9 Limitation of the study = = = = = 9

CHAPTER TWO
LITERATURE REVIEW
Literature review = = = = = = 11

CHAPTER THREE
RESEARCH DESIGN
3.1 Sources of data = = = = = = =21
3.2 Study Population = = = = = = 22
3.3 Instrument for data collection = = = = 23
3.4Data collection proceed=====23
3.5 Method of data analysis = = = = = 24
Appendix = = = = = = = = 25
Questionnaire = = = = = = = 26

CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1 Questionnaire distribution and return
characteristics respondents = = = = 32
4.2 Analysis of data from NNPC staff = = = 33
4.3 Analysis of data from dealers = = = = 42
4.4 Sex Distribution = = = = = = = 47
4.5 Distribution of respondents = = = = 48

CHAPTER FIVE
SUMMARY OF FINDINGS
5.1 Summary of findings = = = = == 50
5.2 Recommendation = = = = = = 51
5.3 Conclusion = = = = = = = 53
Bibliography = = = = = = = 55

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