Record Details

Assessing the Implementation of the Deregulation Policy of the Nigerian National Petroleum Corporation (NNPC) (2003 – 2012)

Africa's Public Service Delivery and Performance Review


 
 
Field Value
 
Title Assessing the Implementation of the Deregulation Policy of the Nigerian National Petroleum Corporation (NNPC) (2003 – 2012)
 
Creator Okarah, Anthony Chidiebere Ndaguba, Emeka Austin
 
Subject — NNPC; Deregulation Policy; Global Market; Policy; Nigeria
Description The Nigerian oil and gas sector plays avery dominant role in the nation’s economy with over 90% in 2011 and 98% in 2012 of the nation’s foreign exchange earnings (Ibanga, 2011; CBN, 2012). About 36 Billion barrels of crude oil reserve and 19.2 Billion cubic meters of natural gas is deposited in the country. This paperassesses the implementation of the deregulation policy in Nigeria (2003-2012),with a focus on the Nigerian NationalPetroleum Corporation (NNPC). The study used informed knowledge in providing analysis for the study. The study found out that the two major challenges inhibiting the implementation of the deregulation policy by NNPC are, price control, and effect of global market. The study recommended among others that, for Nigeria to realize its potential and reap the benefits of deregulating the sector, the NNPC must tailor the implementation of the policy in a manner that will take cognizance of the socioeconomic challenges facing Nigerians by recognizing and engaging community help services in communities where exploration takes place.
 
Publisher AOSIS Publishing
 
Contributor
Date 2015-09-01
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion — —
Format application/pdf
Identifier 10.4102/apsdpr.v3i3.92
 
Source Africa’s Public Service Delivery and Performance Review; Vol 3, No 3 (2015); 127-148 2310-2152 2310-2195
 
Language eng
 
Relation https://www.apsdpr.org/index.php/apsdpr/article/view/92/91
 
Coverage — — —
Rights Copyright (c) 2015 Anthony Chidiebere Okarah, Emeka Austin Ndaguba http://creativecommons.org/licenses/by/4.0