IMPACT OF OIL INDUSTRY ON THE ECONOMIC DEVELOPMENT OF NIGERIA (A CASE STUDY OF NIGERIA NATIONAL PETROLEUM CORPORATION NNPC)


IMPACT OF OIL INDUSTRY ON THE ECONOMIC DEVELOPMENT OF NIGERIA (A CASE STUDY OF NIGERIA NATIONAL PETROLEUM CORPORATION NNPC)

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Abstract

The main purpose of this study is to determine the impact of Oil Industry on the Economic Development of Nigeria. In doing this we concentrated on the major objective of the study which are: To identify precisely, the contribution of NNPC in Nigeria economic development. To identify the effect of oil revenue on the sector of the economy and point out the negative roles of NNPC and the oil industry. In carrying out this study, the research design used was survey method. The sample size was 80 while we used stratified random sampling to pick our numbers. Questionnaires were used for the collection of data and analysis was done using mean and simple percentage method. Finally, the findings points out the major problems limiting the effectiveness and productivity of the oil industry with regards to the economic development of Nigeria and also finds out the possible measures and strategies to be used in order to enhance the productivity and efficiency of the oil industry in the economic development of Nigeria. In conclusion, the researchers could make a recommendation that the oil industry should provide facilities for agricultural productivity and adequate attention should be given to infant industries in order to bring growth and development in the country.

Table of Contents
Title Page
Approval page
Certification
Dedication
Acknowledgement
Table of content
Abstract

CHAPTER ONE
INTRODUCTION
Background of study
Statement of problems
Purpose of the study
Significant of the study
Research question
Scope of the study
Definition of terms

CHAPTER TWO
REVIEW OF LITERATURE
History of NNPC in Nigeria
History of government participation in oil industry
The progress of bargaining process between the oil
Companies of producers nation
Oil and the Nigerian economy

CHAPTER THREE
RESEARCH METHODOLOGY
Research design
Area of study
Population of the study
Sample size sampling techniques
Instrument and Data Collection
Reliability and validation of the instrument
Method of data collections
Methods of data analysis
Decision rule

CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
CHAPTER FIVE SUMMARY OF FINDINGS,
CONCLUSION AND RECOMMENDATION
Summary of findings
Conclusion
Recommendation
Suggestion for further studies
Limitation of the study
References
Appendix

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