OIL SUBSIDY REMOVAL AND NATIONAL DEVELOPMENT
TABLE OF CONTENTS
Title page – – – – – – – i
Certification – – – – – – – iii
Declaration – – – – – – – iv
Dedication – – – – – – – v
Acknowledgement – – – – – – vi
Table of contents – – – – – – vii
CHAPTER ONE:
1.1 Background – – – – – – 1
1.2 statement of the Problem – – – 4
1.3 Objectives of the Study – – – – 5
1.4 Significance of the Study – – – – 6
1.5 Scope of the Study – – – – 6
1.6 Definition of Terms – – – – 7
CHAPTER TWO
2.1 Literature Review – – – – – 13
2.2 Theoretical Framework – – – – 16
CHAPTER THREE
3.1 History of the introduction of Fuel Subsidy
and Protest against its Removal – – 27
3.1.1 Time-line of increases and Protests – 29
3.2 Argument Against the Removal of the
Fuel subsidy – – – – – – – 33
3.3 The Cost of the fuel Subsidy – – 35
4.1 Fuel Subsidy Removal as a Development
Strategy – – – – – – – 37
4.2 Argument for the Removal of the
Fuel subsidy – – – – – – – 38
4.3 Effects of Government to Control the
Effects of Subsidy – – – – – 40
4.4 Effects of oil Subsidy Removal on Natural
Development – – – – – – 42
4.5 Critical Challenges – – – – – 47
CHAPTER FIVE
Recommendation – – – – – – 48
Conclusion – – – – – – – 50
References – – – – – – – 51