Oil Subsidy Removal And Personal Income In Nigeria: An Impact Assessment

73 pages Chapters 5 ID: BFN0414

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DepartmentBanking and Finance
TypeProject
Pages73
Chapters5
MethodologyOrdinary Least Square
Reference StyleYES
FormatMS Word & PDF
Reference No.BFN0414

Abstract

ABSTRACT    This study set out to empirically investigate the effect of oil subsidies removal on personal income Nigeria for a period of thirty two years (1981 to 2012). The ordinary least squared (OLS) econometric technique was employed in the analysis. The results from the empirical analysis show that generally, oil subsidies removal has a strong impact on personal income in Nigeria over the years. Inflation rate (INFL) has a weak negative relationship with personal income and also failed the significance test at the 5 percent level. Tax has a negative insignificant relationsh…

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Pages73
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