The Impact Of Oil Sector Deregulation On The Nigerian Economic Growth

This study theoretically and empirically set out to investigate the Deregulation of the Nigerian Oil sector and its economic growth. Theoretical and conceptual propositions of the Benign Perspective of Natural resource abundance beneficial to growth revealed that the oil sector affects the country’s economic growth and various economic policies of subsidy and deregulation in this sector certainly affects the economy. Variables of the oil sector such as exchange rate, foreign direct investment, global oil price, inflation rate, oil price, oil production and oil revenue were used to determine th…