e-ISSN 2231-8542
ISSN 1511-3701
Jide Ibietan, Ugochukwu David Abasilim and Tokoni Olobio
Pertanika Journal of Tropical Agricultural Science, Volume 26, Issue 3, September 2018
Keywords: Deregulation, downstream, evaluation, Nigeria's economy, petroleum sector, policy
Published on: 28 Sep 2018
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.
ISSN 1511-3701
e-ISSN 2231-8542