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The Politics Of Petroleum Products Pricing In Nigeria
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Author :F. O. Nyemutu Roberts Publisher :Nigerian Institute of Social and Economic Research (NISER), University of Ibadan ISBN 13 : Total Pages :68 pages Book Rating :4.3/5 ( download)
Book Synopsis The Politics of Petroleum Products Pricing in Nigeria by : F. O. Nyemutu Roberts
Download or read book The Politics of Petroleum Products Pricing in Nigeria written by F. O. Nyemutu Roberts and published by Nigerian Institute of Social and Economic Research (NISER), University of Ibadan. This book was released on 1998 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Politics and Economics of Removing Subsidies on Petroleum Products in Nigeria by : Jideofor Adibe
Download or read book Politics and Economics of Removing Subsidies on Petroleum Products in Nigeria written by Jideofor Adibe and published by Adonis & Abbey Publishers Ltd. This book was released on 2013-12-17 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Politics and Economics of Removing Subsidies on Petroleum Products in Nigeria by : Jideofor Adibe
Download or read book The Politics and Economics of Removing Subsidies on Petroleum Products in Nigeria written by Jideofor Adibe and published by Adonis & Abbey Pub Limited. This book was released on 2013-12 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. _________
Download or read book Nigeria written by Sarah Ahmad Khan and published by . This book was released on 1994 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Political Economy of Pricing Petroleum Products by : Ralf Fungbe Aderele
Download or read book The Political Economy of Pricing Petroleum Products written by Ralf Fungbe Aderele and published by . This book was released on 1999 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics and Politics of Oil Price Regulation by : Joseph P. Kalt
Download or read book The Economics and Politics of Oil Price Regulation written by Joseph P. Kalt and published by Cambridge, Mass. : MIT Press. This book was released on 1981 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Mr.Shahabuddin Mosherraf Hossain Publisher :International Monetary Fund ISBN 13 :1451846231 Total Pages :28 pages Book Rating :4.4/5 (518 download)
Book Synopsis Taxation and Pricing of Petroleum Products in Developing Countries by : Mr.Shahabuddin Mosherraf Hossain
Download or read book Taxation and Pricing of Petroleum Products in Developing Countries written by Mr.Shahabuddin Mosherraf Hossain and published by International Monetary Fund. This book was released on 2003-02-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Oil Prices and the Future of OPEC by : Theodore H. Moran
Download or read book Oil Prices and the Future of OPEC written by Theodore H. Moran and published by Routledge. This book was released on 2015-09-16 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Crises of Pricing Petroleum Products in Nigeria by : Issa Aremu
Download or read book The Crises of Pricing Petroleum Products in Nigeria written by Issa Aremu and published by . This book was released on 2001 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Price of Oil written by Bronwen Manby and published by Human Rights Watch. This book was released on 1999 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to Import Weapons
Book Synopsis Nigerian Petroleum Industry, Policies and Conflict Relations Vol I by : Otokunefor, Henrietta 0. C.
Download or read book Nigerian Petroleum Industry, Policies and Conflict Relations Vol I written by Otokunefor, Henrietta 0. C. and published by Malthouse Press. This book was released on 2017-09-28 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Policy Issues Pertaining to Petroleum Product Demand in Nigeria by : Azeez Olugbenga Mabawonku
Download or read book Policy Issues Pertaining to Petroleum Product Demand in Nigeria written by Azeez Olugbenga Mabawonku and published by . This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis High Stakes and Stakeholders by : Kenneth Omeje
Download or read book High Stakes and Stakeholders written by Kenneth Omeje and published by Routledge. This book was released on 2017-03-02 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria is Africa's largest oil producing country. Oil generates enormous wealth but also extensive and devastating conflict in the country. High Stakes and Stakeholders critically explores the oil conflict in Nigeria, its evolution, dynamics and most significantly, the interplay and consequences of high stake politics for the reproduction and persistence of the conflict. It presents a conceptual anatomy of state-oil industry-society relations and demonstrates how the embedded material interests and accumulation patterns of different stakeholders underlie, shape and complicate both the oil conflict and security. In addition, the book provides key insights into comparable conflicts elsewhere in the global south, developing a logical framework for resolving the oil conflict in Nigeria and for reforming the security sector. This book is valuable reading material for courses in international political economy, social ecology, development studies, African politics, conflict and security studies, and environmental law and management. It will also be of interest to policy practitioners, civil societies and the oil industry.
Book Synopsis Macroeconomic Policies and Smuggling by : Mr.Jian-Ye Wang
Download or read book Macroeconomic Policies and Smuggling written by Mr.Jian-Ye Wang and published by International Monetary Fund. This book was released on 1994-09-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a simple model, the paper provides an explanation for illegal oil trade between Nigeria and its neighboring countries. The analysis focuses on the linkages between the level of smuggling and changes in the Government’s fiscal, monetary, and domestic pricing policies. It is shown that smuggling has implications for inflation and currency depreciation. A vicious circle emerges when financial policies are expansionary and policy makers attempt to hold the domestic sale price of oil constant. Macroeconomic indicators of Nigeria over the period 1986-1993 appear to support the predictions of the model. Policy implications of the analysis are also noted.
Book Synopsis Understanding Modern Nigeria by : Toyin Falola
Download or read book Understanding Modern Nigeria written by Toyin Falola and published by Cambridge University Press. This book was released on 2021-06-24 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the politics and society of post-colonial Nigeria, highlighting the key themes of ethnicity, democracy, and development.
Book Synopsis The Nigerian Oil Economy by : J. K. Onoh
Download or read book The Nigerian Oil Economy written by J. K. Onoh and published by Routledge. This book was released on 2017-09-05 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of Nigeria's oil industry is examined comprehensively in this book, originally published in 1984. It charts the changing course of her economy and examines the dramatic effect oil has had on Nigeria's domestic and international policies. Oil has enabled her to command a powerful position in African affairs and within OPEC itself, but at the same time, has held back other forms of economic development. Nigeria's future in the oil industry, as well as in related fields such as gas, is assessed both in the light of her former policies and in the changing world economy. This book will be of interest to all concerned in the oil industry, international finance or world power politics.
Book Synopsis Federalism, Hegemony and Petroleum in Nigeria's Political Economy by : F. O. Nyemutu Roberts
Download or read book Federalism, Hegemony and Petroleum in Nigeria's Political Economy written by F. O. Nyemutu Roberts and published by . This book was released on 2004 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
