An Evaluation of Deregulation Policy of The Downstream Petroleum Sector and Nigeria’s Economy

Ibietan, Jide and Abasilim , U. D. and Olobio, Tokoni (2018) An Evaluation of Deregulation Policy of The Downstream Petroleum Sector and Nigeria’s Economy. Pertanika J. Soc. Sci. & Hum, 26 (3). pp. 1843-1864.

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Abstract

The main objective of this paper is to evaluate the impact of deregulation of downstream petroleum sector on Nigeria’s economy between 2007 and 2015. It is a qualitative study built on secondary data which were textually analysed. Upon the pivot of public choice theory as a framework for interrogating the themes of the paper, the study posits that the effective deregulation of downstream petroleum sector offers the necessary recipe and vitality for stemming economic rent-seeking attitudes by the elites and political class, and ultimately lead to economic buoyancy. Other recommendations of the paper are capable of addressing the policy gaps/failures identified.

Item Type:	Article
Uncontrolled Keywords:	Deregulation, downstream, evaluation, Nigeria’s economy, petroleum sector, policy
Subjects:	H Social Sciences > H Social Sciences (General) J Political Science > JA Political science (General)
Divisions:	Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	Mrs Hannah Akinwumi
Date Deposited:	04 Oct 2018 08:27
Last Modified:	04 Oct 2018 08:27
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/11958

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