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APPRAISAL OF NIGERIA’S OIL AND GAS INDUSTRY IN POST DEREGULATION ERA

CHAPTER ONE Introduction 1.1       Background to the study According to Eson (2002), the Nigeria’s oil and gas industry has continued to represent as the mainstay of the nation’s economy since 1956 when oil was discovered at Oloibiri in the Niger Delta region. The industry, undoubtedly, is widely recognized at the nation’s live-wire because it generates employment opportunities for Nigerians (principally with the enactment of the Local Content policy), contributes to ...

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