TABLE OF CONTENTS
Certification
Dedication
Acknowledgment
Abstract
CHAPTER ONE: INTRODUCTION
1.1 Background of the Study
1.2 Statement of Problem
1.3 Objectives of the Study
1.4 Research Questions
1.5 Hypothesis Formulation
1.6 Significance of the Study
1.7 Scope of the Study
1.8 Limitations of the Study
1.9 Definition of Terms
References
CHAPTER TWO: REVIEW OF THE RELATED LITERATURE
2.1 Introduction
2.2 Strategic Change
2.3 Benefits of Deregulation
2.4 Strategic Adaptation to Change of Business Environment
2.5 Post Regulation Risk of Firms in the Downstream
2.6 Leadership Style of Managers and Entrepreneurs
2.7 Best Practice in the Global Oil Industry
2.7.1 French Background
2.7.2 Germany Background
2.7.3 Italy Background
2.7.4 Kuwait Background
2.7.5 Japan Background
2.7.6 Australia Background
2.7.7 Venezuela Background
2.7.8 United States Background
2.7.9 Analysis of Strategic Prepositions for Deregulating the Downstream Sector
2,7.10 Four Strategic Propositions for Deregulating
2.7.11 Strategy 1: Partial Deregulation of only the Supply Side
2.7.12 Strategy 2: Partial Deregulation of only the Demand Side
2.7.13 Strategy 3: Complete Deregulation of the Downstream Sector
2.7.14 Strategy 4: Fine-Tuning the Status Quo
2.8 Summary of the Review
References
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 Introduction
3.2 Research Design
3.3 Sources of Data
3.4 Instrument for Data Collection
3.5 Method of Data Collection
3.6 Populations/Sample Size Determination
3.7 Validity and Reliability of Instrument for Data Collection
3.8 Procedure for Data Analysis
CHAPTER FOUR: PRESENTATION AND ANALYSIS OF DATA
4.1 Presentation and Analysis of Data
4.2 Test of Hypothesis
CHAPTER FIVE: SUMMARY OF FINDINGS, RECOMMENDATIONS AND CONCLUSION
5.1 Summary of Findings
5.2 Conclusion
5.3 Recommendations
5.4 Area of Further Study
Bibliography
CHAPTER ONE
INTRODUCTION
1.1 Background of the Study Area
All over’ the world, reasons for reforms in the public sector vary from country to country depending on the objective, peculiarity and the circumstance that the country finds itself. The issue of reform of the Nigerian downstream sector refining and distribution of petroleum products has been on for quite some time. It has however, become more compelling in the last few years given the trauma of scarify of petroleum products that the nation has continuously witnessed.
Prior to 1965, petroleum products domestic requirements were met entirely through importation under a deregulated environment. By 1965, it had become apparent that the nation, haven gained independence five years earlier, could no longer rely on important for its entire requirement.
Consequently, the first refinery in Nigeria - the old Port Harcourt refinery was built in 1965 as a commercial venture to provide petroleum product at market related prices. It was a 35,000 bard per day refinery jointly owned by shell (25%), British Petroleum (BP) 25%, the Federal Government (20%), and the three regional governments (10% each), (Kopolokun, 2004).
However, by mid 1 970s, with the advent of the oil boom government became directly involved in the downstream sector by building two new refineries and....
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