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Impact of Economic Recovery on Oil Sector in Nigeria

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Memorial University of Newfoundland

   

Economic Condition Of Nigeria (POSC 2100)

   

Added on  2020-03-07

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The research shall be completely based on secondary sources of data. The Information on the Economic Recovery in Nigeria can be obtained from various newspaper articles and other sources like Research Journals. All these sources can be easily accessed through the internet. Google Scholar or any other available database can be used for the sake of searching for information.

Impact of Economic Recovery on Oil Sector in Nigeria

   

Memorial University of Newfoundland

   

Economic Condition Of Nigeria (POSC 2100)

   Added on 2020-03-07

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Running head: RESERACH PROPOSAL RESERACH PROPOSALA critical analysis of the impact of economic recovery on the oil sector in NigeriaName of the Student:Name of the University:Author Note:
Impact of Economic Recovery on Oil Sector in Nigeria_1
RESERACH PROPOSAL 1ContentsPart 1:21. Field of research:22. Source of secondary data:23. Research question:24. Proposed search terms:35. Five articles:3Part 2:41. Literature Review41.1 Understanding the present scenario of the oil and gas industry in Nigeria:41.2 Impact of economic condition of a country on the oil and gas industry:41.3Economic recovery in Nigeria in last decade:61.4Impact of economic recovery in Nigeria over oil and gas industry:72. Focused aim of the research:73.Research question:74.Proposed methodology of the research:8References:10
Impact of Economic Recovery on Oil Sector in Nigeria_2
RESERACH PROPOSAL 2Part 1:1. Field of research:“A critical analysis of the impact of economic recovery on the oil sector in Nigeria” hasbeen selected as the topic for the research. As commented by Perrons and Jensen, (2015), theeconomy of the oil rich countries like Saudi Arabia and Nigeria is depended on the oil and gassector of the country. Therefore, considering the present economic situation and predicting thefuture scenario is equally important for an oil rich country like Nigeria. Being a student ofPetroleum Engineering Management the field of research is related to my profession as itdiscusses the factors that affect the petroleum industry of Nigeria.2. Source of secondary data:http://www.gate.iitg.ac.in/Syllabi/PE_Petroleum_Engineering.pdfThe article from provides the basic idea of the various factors that impact the oil and gassector in a country. Considering the topic of discussion, the impact of economic recovery hashelped to strengthen the oil and gas sector. Nigeria has also experience long years of recessionthat has resulted in the contraction of GDP (Abuja, 2017). In the recent time, when there hasbeen positive impact over public institution and governance, the economy of the country hasimproved and with it the oil and gas sector. 3. Research question:Q. How the economic recovery in Nigeria has improved the oil and gas sector of Nigeria? Q. What are the factors that affect the oil and gas sector of Nigeria?
Impact of Economic Recovery on Oil Sector in Nigeria_3
RESERACH PROPOSAL 3Independent variables: Economic recovery in Nigeria, Factors affecting oil and gas sector ofNigeriaDependent variable: Oil and Gas sector of Nigeria4. Proposed search terms:1.The petroleum industry of Nigeria 2.Factors influencing the petroleum industry3.The present economic situation in Nigeria4.Impact of economic recovery on the oil sector in Nigeria5.Positive impact over public institution and governance on economy of Nigeria5. Five articles:1.Development of the non-oil sector in Nigeria: Challenges & lessons for less developedcountries.2.Wireless sensor networks based pipeline vandalisation and oil spillage monitoring anddetection: main benefits for Nigeria oil and gas sectors3.Nigerian Content Development in the Oil and Gas Sector: The Role of the NigerianAcademia.Findings:It is a clear understanding that all the developed and the developing countries are largelydepended on the oil and gas sector for the supply of their energy (Sola & Joachim, 2016). It hasbeen evident that there have been many reforms in order to diversify the economy of the countryand break out of the boom and bust cycle (Idachaba, 2017).
Impact of Economic Recovery on Oil Sector in Nigeria_4

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