The current impact of global crude oil prices on Nigeria—an overview of the Nigerian petroleum and energy sector

A Akinrele - The Journal of World Energy Law & Business, 2016 - academic.oup.com
… discussed in more detail later, is the need for Nigeria to change its status as a mono-product
economy by diversifying her economy from the present over-reliance on crude oil and gas. …

1. MENAP Oil Exporters: Increasing Diversification, Reducing Reliance on Oil-Funded Spending

GCCNGCC MENAPOE - elibrary.imf.org
… Declining oil revenues and rising government spending are weakening fiscal positions.
Consolidation would build resilience against oil price declines and help countries share their oil

[PDF][PDF] Crude oil price, stock price and some selected macroeconomic indicators: Implications on the growth of Nigeria economy

M Taiwo, T Abayomi, O Damilare - Research Journal of Finance …, 2012 - researchgate.net
… This paper analyses the impact of crude oil price, stock price … model, it was found that
crude oil price, stock price and … Nigeria economy from oil reliance to gainful manufacturing …

Sources of the volatility puzzle in the crude oil market

C Baumeister, G Peersman - Available at SSRN 1471388, 2009 - papers.ssrn.com
… the reliance on oil futures as risk'reduction tools and led to the introduction of crude oil
While these financial instruments were designed to cope with the rise in oil price volatility, it …

Oil-dependence and civil conflict in Nigeria

A Oyefusi - 2007 - ora.ox.ac.uk
… dependence on oil revenues, an institutionally unstable revenue allocation system, weak …
the company receives 57 percent of total crude oil, most of which is subsequently exported. …

The effect of jumps in the crude oil market on the sovereign risks of major oil exporters

E Bouri - Risks, 2019 - mdpi.com
… Such economies benefit from high oil prices, given their reliance on the revenues of crude
oil exports. In fact, higher revenues from crude oil exports enhance government spending and …

Measuring the economic impacts of recent oil price shocks on oil-dependent economy: evidence from Malaysia

IK Maji, MY Saari, MS Habibullah, C Utit - Policy Studies, 2017 - Taylor & Francis
… –output estimation of oil price shocks on tax revenue, value … Fall in crude oil prices affects
directly the exports of crude oil … vulnerabilities inherent in high reliance on oil exports and an …

Crude oil, resource curse and the splintering of Nigeria into national pieces

M Duruji, O Dibia - Covenant Journal of …, 2017 - journals.covenantuniversity.edu.ng
… of oil revenue for the development of the country. The mismanagement of crude oil revenue
… Resource curse ensures the continued reliance and export of unprocessed natural resource …

[PDF][PDF] Analysis of the impact of oil Revenue on the Nigerian economy

MY Abubakar, SS Ahmad, SB Sani… - IOSR Journal of …, 2016 - researchgate.net
Reliance on one commodity as a source of revenue to a country has its consequence …
As is widely known, Nigeria is endowed with substantial amounts of crude oil which puts the …

World energy demand and crude oil prices to the year 2000

PD Pearce - Journal of Agricultural Economics, 1981 - Wiley Online Library
… they are poor reflections of real world oil markets. As such, judgement rather than explicit
modelling is used to suggest a world crude oil scenario in which oil prices rise at 10% pa …