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CONSTANT INCREASE IN PETROLEUM PRODUCTS: ITS IMPLICATION FOR NIGERIAN ECONOMY.

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Abstract

This term paper is aimed to analyze the implications of constant increase of petroleum products prices to the economy of Nigeria. The economy of Nigeria is very weak to the extent that it draws academic attention to every action a corporation or the federal government embarks on, to study the economic challenges. In the course of this important of the constant like in prices
of petroleum products. Rather, I carefully examined the cause of price increases of petroleum products and equally recommended useful strategies for its long term solutions. The first chapter of
this work was the introductory part of the research work which tried to give extensive review of the topic of this piece of work.
Following it, is the chapter two which looked at the causes of constant increase in prices of petroleum products. Again, chapter three examined the economic implication of price increase of petroleum products in Nigeria. Another, chapter four looked at the strategies that could be adopted to cushion the effect of petroleum products price likes, and finally, the work is concluded in chapter five.