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

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