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FUEL SUBSIDY AND POVERTY REDUCTION IN NIGERIA (1990 – 2012)

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TABLE OF CONTENTS
Title page – – – – – – – – – i
Approval page – – – – – – – – ii
Dedication – – – – – – – – – iii
Acknowledgement – – – – – – – iv
Abstract – – – – – – – – – v
Table of contents – – – – – – – – vi
CHAPTER ONE: INTRODUCTION
1.1 Background to the Study – – – – – – 1
1.2 Statement of the Problem – – – – – – 6
1.3 Objectives of the Study – – – – – – 8
1.4 Significance of Study – – – – – – 8
1.5 Scope and Limitation of the Study – – – – 9
CHAPTER TWO: LITERATURE REVIEW
2.1 The Concept of Deregulation – – – – – – 10
2.2 Deregulation in Nigerian Perspective – – – – 12
2.3 Subsidy – – – – – – – – 14
2.4 Fuel Subsidy and poverty reduction in Nigeria – – – 17
2.5 The History of Fuel Subsidy Removal and Pump Price
Increases in Nigeria – – – – – – 21
2.6 The Rational for Fuel Subsidy – – – – – 27
2.7 The Rational Against Fuel Subsidy – – – – 29
2.8 The State of Nigeria Refineries – – – – – 35
2.9 What Led to Fuel Importation in Nigeria – – – 37
2.10 The Type of Deregulation Nigeria Needs – – – 40
2.11 Hypothesis – – – – – – – – 42
vii
2.12 Operationalization of key Concepts – – – – 42
CHAPTER THREE: METHODOLOGY
3.1 Location of Study – – – – – – – 43
3.2 Population of the Study – – – – – – 43
3.3 Sample Size – – – – – – – 43
3.4 Sampling Technique – – – – – – 44
3.5 Method of Data – – – – – – – 44
3.6 Method of Data Presentation and Analysis – – – – 44
3.7 Theoretical Framework – – – – – – 45
CHAPTER FOUR: DATA PRESENTATION, FINDINGS AND DISCUSSION
4.1 Data Presentation and Analysis – – – – – 50
4.2 Findings – – – – – – – – 60
4.3 Discussion of Findings – – – – – – – 61
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.1 Summary – – – – – – – – 65
5.2 Conclusion – – – – – – – – 66
5.3 Recommendations – – – – – – – 67
Bibliography
Appendix I
Appendix II

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