Impact Of Petroleum Product Subsidy On The Consumption Of Petroleum Products In Nigeria:- Umeh Peter C
ABSTRACT
The study focused on the effect of fuel subsidy
on average cost of living in Nigeriaspanningfrom 1981 lo 2018. The objectives
of the study were to examine the effects of fuel subsidy on the average cost of
living in Nigeria and to determine the dynamic effect of fuel subsidy on the
average cost of living in Nigeria. The study employed Ordinary Least Square
technique. The study revealed that; government expenditure on oil imports has a
negative and significant impact on average cost of living in Nigeria,
government expenditure on natural gas has a negative and significant impact on
average cost of living in Nigeria and government expenditure on fuel has a
negative but insignificant impact on average cost of living in Nigeria. Based
on finding, the study recommended that; despite the significant effect, there
is need for the government to increase fuel subsidy to boost the average cost
of living in Nigeria. Government should investment more on natural gas and oil
importation. This will be visible in the economy
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UMEH, C (2026). Impact Of Petroleum Product Subsidy On The Consumption Of Petroleum Products In Nigeria:- Umeh Peter C. Mouau.afribary.org: Retrieved Jan 09, 2026, from https://repository.mouau.edu.ng/work/view/impact-of-petroleum-product-subsidy-on-the-consumption-of-petroleum-products-in-nigeria-umeh-peter-c-7-2
CHUKWUDALU., UMEH. "Impact Of Petroleum Product Subsidy On The Consumption Of Petroleum Products In Nigeria:- Umeh Peter C" Mouau.afribary.org. Mouau.afribary.org, 08 Jan. 2026, https://repository.mouau.edu.ng/work/view/impact-of-petroleum-product-subsidy-on-the-consumption-of-petroleum-products-in-nigeria-umeh-peter-c-7-2. Accessed 09 Jan. 2026.
CHUKWUDALU., UMEH. "Impact Of Petroleum Product Subsidy On The Consumption Of Petroleum Products In Nigeria:- Umeh Peter C". Mouau.afribary.org, Mouau.afribary.org, 08 Jan. 2026. Web. 09 Jan. 2026. < https://repository.mouau.edu.ng/work/view/impact-of-petroleum-product-subsidy-on-the-consumption-of-petroleum-products-in-nigeria-umeh-peter-c-7-2 >.
CHUKWUDALU., UMEH. "Impact Of Petroleum Product Subsidy On The Consumption Of Petroleum Products In Nigeria:- Umeh Peter C" Mouau.afribary.org (2026). Accessed 09 Jan. 2026. https://repository.mouau.edu.ng/work/view/impact-of-petroleum-product-subsidy-on-the-consumption-of-petroleum-products-in-nigeria-umeh-peter-c-7-2