THE EFFECTS OF SUBSIDY REMOVAL ON EFFECTIVE MARKETING OF PETROL IN NIGERIA (A CASE STUDY OF ENUGU STATE)
ABSTRACT
Almost every home and business is powered by generator fired by subsidized petrol. It is very obvious that subsidy removal will worsen the country’s situation and worsen inflation. It is in the light of the above removal on the effective marketing of petrol in Nigeria using Enugu as the case study. In the course of carrying this research, the research used primary and secondary data, the primary data deals with personal observations, interview etc while secondary data contained the use of textbook, internet, journals, magazines, etc. The population comprises marketer, consumers and distributor of petrol products. Which is made of 150 respondents. The sample size was determined using Taro Yaamni’s formular in which the hypothesis was tested using chi-square. It was concluded and recommended that fuel subsidy affect marketers and therefore private investors and entrepreneurs should be allowed full participation in the sector be allowed full participation in the sector, a situation that will lead to effectiveness in the distribution of the product.
TABLE OF CONTENTS
CHAPTER ONEÂ
INTRODUCTIONÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
1.1Â Â Â Â Â Â Â Â Background of the Study
1.2Â Â Â Â Â Â Â Â Statement of the Problem
1.3Â Â Â Â Â Â Â Â Objectives of the Study
1.4Â Â Â Â Â Â Â Â Research Questions
1.5Â Â Â Â Â Â Â Â Research Hypothesis
1.6Â Â Â Â Â Â Â Â Significance of the Study
1.7Â Â Â Â Â Â Â Â Scope of the study
1.8Â Â Â Â Â Â Â Â Limitations of the Study
1.9Â Â Â Â Â Â Â Â Definition of the Terms
CHAPTER TWO Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
LITERATURE REVIEWÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
2.1Â Â Â Â Â Â Â Â Theory of Fuel Subsidy
2.2Â Â Â Â Â Â Â Â Meaning of Subsidy
2.3Â Â Â Â Â Â Â Â History of Fuel Subsidy Remove in Nigeria
2.4Â Â Â Â Â Â Â Â The Roles or functions of Fuel Subsidy
2.5Â Â Â Â Â Â Â Â Problems Association with of Fuel Subsidy Removal
2.6Â Â Â Â Â Â Â Â Disclose Indent Among NNPC and Oil Marketers
2.7Â Â Â Â Â Â Â Â Problems of Fuel Subsidy Removal Oil Marketers
CHAPTER THREEÂ
RESEARCH DESIGN METHODOLOGYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
3.1Â Â Â Research Design
3.2Â Â Â Are of the Study
3.3Â Â Â Sources of data
3.4Â Â Â Population of the Study
3.5Â Â Â Sample Size Determination
3.6Â Â Â Method of Data Collection
3.7Â Â Â Reliability of the Instrument
3.8Â Â Â Validity of the Instrument
CHAPTER FOUR
DATA PRESENTATION AND RESULTSÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
4.1Â Â Â Â Â Â Â Â Data Analysis
4.2Â Â Â Â Â Â Â Â Test of Hypothesis
CHAPTER FIVE
DISCUSSION OF RESULTS, CONCLUSIONS ANDÂ RECOMMENDATIONSÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
5.1Â Â Â Â Â Â Â Â Summary of Findings
5.2Â Â Â Â Â Â Â Â Conclusions
5.3Â Â Â Â Â Â Â Â Recommendation
Bibliography
Appendix (The questionnaire)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
CAPTER ONE
1.0Â Â Â Â Â Â Â INTRODUCTION
1.1Â Â Â BACKGROUND OF THE STUDYÂ
The issue of subsidizing and subsidy removal has been on the public domain since the transition from military rule to civilian rule in 1999. But the one that seems to have generated a lot of controversy is the issue of subsidy removal. And one major sector that has always affected is the oil or fuel subsidy. Two reasons can be adduced for this. One is the fact that oil remains the backbone of the Nigerian economy. And secondly, large chunk of government money go into oil subsidizing
