DEREGULATION AND ECONOMIC DEVELOPMENT IN NIGERIA THE DOWN STREAM OIL SECTOR AS FOCAL POINT

ABSTRACT
The research work is designed to show the over view of the activities in the down stream oil sector deregulation process and it’s effects on the economic development of this great Nation Nigeria.

With historical analysis in the work, it can be understood that Nigerians, has undergone many phases of changes and transformation in the on sector which has in one way or the other transformed the nations economy but universally proportional to the development of the general well being of the populace who owns this resources.

Nigeria among other nations has been known globally as a nation endowed with sound mineral resources like oil and other thirty mineral resources that are yet to be exploited and developed to better the lives of the citizens. Question is how is the Nigerian government trying to develop these resources? What economic benefit does it hold for all Nigerians? Who & who is the major player in the development of this sector? All these and many others are explained in this research work with five chapters.

Chapter one shows the significance, objective, statement of the problem facing the sector, and Research questions which were explained further. While Chapter two explained the concept of oil Reform historically, literature reviews where used to explain the nature of Nigerian oil sector, concept and so on. The methodology to be adopted in the study would be stated in chapter three. Chapter four shall focus on the presentation and analysis of collected data. The last chapter- chapter five would present the summary of the finding, conclusion and appropriate recommendations.



TABLE OF CONTENT
Title page                 -        -        -            i
Approval page             -        -        -            ii
Dedication             -        -        -            iii
Acknowledgement         -        -        -            iv
Abstract                 -        -        -            v
Table of contents         -        -        -            v

Proposal                 -        -        -           

CHAPTER ONE
INTRODUCTION
1.1 Background of study            -        -            3
1.2    Statement of problem         -        -            5
1.3  Significance of the study         -        -            7
1.4    Objective of the study         -        -            8
1.5 definition of terms             -        -            9
1.6    Scope of the study             -        -            10
1.7    Organization of the study        -        -            12

CHAPTER TWO
LITERATURE REVIEW
2.1 Appraisal of the oil sector reforms                     14
2.2 Oil industry reforms                                 19
2.3 The effect of Deregulation between 2011-2012            33
2.4 List of oil marketers in Nigeria                         43
2.5 Petroleum industry Bill (PIB)                        47
2.6  Petroleum industry in Nigeria                        53

CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Research Design                                 55
3.2  Area of study                                     55
3.3. Population of the study                             56
3.4 Instrument of data collection                         56
3.5  Method of data collection                            56
3.6 Method of data analysis                            57

CHAPTER FOUR
DATE PRESENTATION AND ANALYSIS
4.1     Industry nationalization (1970-1979-                58
4.2    production and exploration                         62
4.3     joint venture companies                             63
4.4     View of Niger delta oil capacity                         67
4.5     Impact of oil industry on the environment especially in          agriculture                                     70
4.6     Oil spills and more                                 72
4.7     Impact of Oil industry on human rights                 73

CHAPTER FIVE
CONCLUSION AND RECOMMENDATION
5.1    Conclusions                                     79
5.2    Recommendations                                 81
       Reference