The Politics Of Petroleum Products Pricing In Nigeria
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The Politics Of Petroleum Products Pricing In Nigeria
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Author : F. O. Nyemutu Roberts
language : en
Publisher: Nigerian Institute of Social and Economic Research (NISER), University of Ibadan
Release Date : 1998
The Politics Of Petroleum Products Pricing In Nigeria written by F. O. Nyemutu Roberts and has been published by Nigerian Institute of Social and Economic Research (NISER), University of Ibadan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Petroleum industry and trade categories.
Politics And Economics Of Removing Subsidies On Petroleum Products In Nigeria
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Author : Jideofor Adibe
language : en
Publisher: Adonis & Abbey Publishers Ltd
Release Date : 2013-12-17
Politics And Economics Of Removing Subsidies On Petroleum Products In Nigeria written by Jideofor Adibe and has been published by Adonis & Abbey Publishers Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-17 with Reference categories.
Though the history of hikes in petroleum prices began in 1973 when the military government of Gen. Yakubu Gowon increased the price of petrol to 9 kobo per litre from the equivalent of 8.8 kobo that had prevailed before then, the politics and economics of removal of subsidies on premium petroleum products entered into the national lexicon in 1986 when the military administration of General Ibrahim Babangida announced that due to the devaluation of the Naira, the domestic price of fuel had become unsustainable cheap and was becoming a burden on the national purse. Ever since, most regimes in the country have toyed with the idea of removing the subsidies, with organised labour and the civil society usually vehemently opposed to the idea. In late 2011 the Jonathan administration announced plans to completely remove the subsidies but gave no timeline amid threats by organised labour, students and civil society groups to stoutly resist the move. On January 1 2012, the regime announced the removal of the subsidies and subsequently reiterated that its decision on the issue was irreversible. It however announced some measures, including the provision of buses, to help cushion the impact of the move. This volume takes a critical look at the politics and economics of the pro- and anti-subsidisation lobbies. It also examines the likely economic and social impacts of the move and its implications for the poor, the overall economy and the country's democratic project.
The Politics And Economics Of Removing Subsidies On Petroleum Products In Nigeria
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Author : Jideofor Adibe
language : en
Publisher: Adonis & Abbey Pub Limited
Release Date : 2013-12
The Politics And Economics Of Removing Subsidies On Petroleum Products In Nigeria written by Jideofor Adibe and has been published by Adonis & Abbey Pub Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12 with Business & Economics categories.
Though the history of hikes in petroleum prices began in 1973 when the military government of Gen. Yakubu Gowon increased the price of petrol to 9 kobo per litre from the equivalent of 8.8 kobo that had prevailed before then, the politics and economics of removal of subsidies on premium petroleum products entered into the national lexicon in 1986 when the military administration of General Ibrahim Babangida announced that due to the devaluation of the Naira, the domestic price of fuel had become unsustainable cheap and was becoming a burden on the national purse. Ever since, most regimes in the country have toyed with the idea of removing the subsidies, with organised labour and the civil society usually vehemently opposed to the idea. In late 2011 the Jonathan administration announced plans to completely remove the subsidies but gave no timeline amid threats by organised labour, students and civil society groups to stoutly resist the move. On January 1 2012, the regime announced the removal of the subsidies and subsequently reiterated that its decision on the issue was irreversible. It however announced some measures, including the provision of buses, to help cushion the impact of the move. This volume takes a critical look at the politics and economics of the pro- and anti-subsidisation lobbies. It also examines the likely economic and social impacts of the move and its implications for the poor, the overall economy and the country's democratic project. _____________________________ Jideofor Adibe has been a Guest research fellow in a number of institutions across the world including the Centre for Development Research, Copenhagen, Denmark; the Nordic Institute for African Studies, Uppsala, Sweden, the Centre for Developing Area Studies, McGill University, Montreal, Canada and the Institute for Commonwealth Studies, University of London, UK. He currently teaches political science at Nasarawa State University, Keffi and also writes a weekly column for the Nigerian newspaper Daily Trust. He is equally a member of the paper's Editorial Board. _________
Nigeria
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Author : Sarah Ahmad Khan
language : en
Publisher:
Release Date : 1994
Nigeria written by Sarah Ahmad Khan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
Nigeria is the most populated nation on the African continent and contains a vast wealth of natural resources. It is the largest petroleum producer in Africa, and a key exporter of oil to both Western Europe and the US, and yet the political economy of Nigeria remains one of gross indebtedness, inefficiency and mismanagement. Here, the author brings together these issues in a far-ranging account of the Nigerian oil industry. She explores the fraught relationship between the government and foreign oil companies, the financial constraints on domestic investment, and the tragic lessons of an economy dependent on oil. This is a fascinating look at the problems of this developing country trying to exploit its natural resources, and will be of interest to scholars of development studies and international business.
The Crises Of Pricing Petroleum Products In Nigeria
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Author : Issa Aremu
language : en
Publisher:
Release Date : 2001
The Crises Of Pricing Petroleum Products In Nigeria written by Issa Aremu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Labor unions categories.
Taxation And Pricing Of Petroleum Products In Developing Countries
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Author : Mr.Shahabuddin Mosherraf Hossain
language : en
Publisher: International Monetary Fund
Release Date : 2003-02-01
Taxation And Pricing Of Petroleum Products In Developing Countries written by Mr.Shahabuddin Mosherraf Hossain and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-02-01 with Business & Economics categories.
Using the modern theory of public economics as the point of departure, this paper outlines a basic principle for setting taxes and/or prices of commodities based on two key criteria, efficiency and equity. The paper shows that for petroleum products, the basic principle needs modification in the presence of various externalities and market imperfections in a setting where the instruments to address the externalities and imperfections are limited. Drawing from theoretical and empirical literature, the paper provides an operational framework and then illustrates how, for a country like Nigeria, the relevant taxes/subsidies to correct the externalities and to address equity and revenue considerations can be measured with a view to setting prices of petroleum products. However, the paper refrains from making any specific suggestion for policy reform in Nigeria. The framework outlined in the paper can be applied to the analysis of petroleum product taxes and prices in other developing countries.
Nigerian Petroleum Industry Policies And Conflict Relations Vol I
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Author : Otokunefor, Henrietta 0. C.
language : en
Publisher: Malthouse Press
Release Date : 2017-09-28
Nigerian Petroleum Industry Policies And Conflict Relations Vol I written by Otokunefor, Henrietta 0. C. and has been published by Malthouse Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-28 with Political Science categories.
Volumes 1 and Volume 2 of Nigerian Petroleum Industry, Policies and Conflict Relations contain the following on the oil and gas industry in Nigeria: basic production statistics; nature and activities of operators; official oil and gas policies; relevant laws and regulations; regulatory agencies; pricing of refined petroleum products; marketers and their challenges; consumer and community relations and reactions; crimes and vandalisation of pipelines and other infrastructure; refineries and refining issues; role of law enforcement and intelligence agencies; involvement of the National Assembly and its relevant committees; strategic issues and other impacts of local and international politics. A comprehensive and exhaustive discussion of each and everything thing about the Nigerian petroleum industry by experts in and outside academia research institutes and think tanks, top functionaries in relevant ministries, government departments and agencies, past and current heads of state/presidents, past and current ministers, prominent and knowledgeable legislators, politicians of all descriptions and at all levels, top newspaper columnists, discerning local and foreign critics,interviews and transcribed broadcasts and press releases by same, officials of non-governmental organisations and a host of those loosely referred to as civil society organisations, civil and political activists of all hues, so-called international development agencies, some diplomatic missions,and the dead-panned apologists for successive governments. An immensely invaluable documentary source-book, more especially to regulators, the NNPC group, policy makers, researchers and social scientists in tertiary institutions and public and private sector think tanks, local and foreign operators, observers and those with interest in the oil and gas industry in Nigeria.
Report Of The Special Committee On The Review Of Petroleum Products Supply And Distributions
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Author : Nigeria. Special Committee on the Review of Petroleum Products Supply and Distribution
language : en
Publisher:
Release Date : 2000
Report Of The Special Committee On The Review Of Petroleum Products Supply And Distributions written by Nigeria. Special Committee on the Review of Petroleum Products Supply and Distribution and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Petroleum industry and trade categories.
Oil Prices And The Future Of Opec
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Author : Theodore H. Moran
language : en
Publisher: Routledge
Release Date : 2015-09-16
Oil Prices And The Future Of Opec written by Theodore H. Moran and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-16 with Nature categories.
The policy of the United States and, by extension, that of many oil importing countries, toward OPEC countries is in large part a function of an estimate of the factors that condition oil decisions in exporting countries. In this title, originally published in 1978, Ted Moran examines how immune OPEC can expect to be to the struggles over market shares that traditionally have beset attempts to organize natural resource cartels. Moran’s research leads him to argue that skyrocketing commitments to growth and social betterment leave little slack in national budgets and thus preclude output reductions for any extended period, or at least act as a substantial deterrent, unless such reductions come in support of an effort to raise real oil prices substantially. For any student interested in international policy making, economic development, or environmental studies, this title offers fascinating insights into the oil industry.
The Politics Of The Global Oil Industry
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Author : Toyin Falola
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2005-09-30
The Politics Of The Global Oil Industry written by Toyin Falola and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-09-30 with Science categories.
The petroleum industry is among the most lucrative and most important in the world, and its impact within the realm of international politics is tremendous (although it can be overstated). Taking a well-balanced and objective approach to the complicated web of political and economic threads that make up the fabric of the oil industry, Falola and Genova introduce the most salient aspects in clear language, offering cogent and up-to-date information about the countries, companies, international organizations, and people who shape the contemporary history of the black gold. The relationship of international politics and the global oil industry affects everyone but is understood by few. Taking a well-balanced and objective approach to deconstructing this intricate web for those unfamiliar with the industry, Falola and Genova introduce the major players in the field, offering cogent and up-to-date information about the countries, companies, organizations, and people who shape the contemporary history of oil. They break down the essentials, describing the discovery process, the different types of oil, and the various processes by which oil gets to the market. Then they provide a brief history of the major oil-producing countries, followed by a discussion of OPEC and international efforts to control the price and supply of oil. After setting the stage, they introduce the most salient political issues that are influenced by oil, namely environmental protection, human rights, and economic development. Finally, a look at each of seven major oil exporters—Iraq, Mexico, Nigeria, Norway, Russia, Saudi Arabia, and Venezuela—demonstrates that the black gold can be both a blessing and a curse for the countries that produce it. Despite the need to learn how to exploit alternative energy sources before the oil runs out, we will continue to be dependent on oil for the foreseeable future. Today's oil demands are not only generated by such obvious activities as gassing up our cars or powering our aircraft, but also from the ubiquitous technological gadgets that have infiltrated our daily lives. From computer monitors to CDs, from cell phones to the petroleum-generated materials used in our shoes and sweaters, our reliance on oil continues to grow. Because price and supply are highly dependent on political events in distant countries, it is essential for American consumers to understand the intricacies of this complex subject. Falola and Genova demystify the industry and invite us to investigate more deeply this vital resource.