Relevance Of Oil And Gas Accounting In The Economic Development Of Nigeria (A Case Study Of Nigerian National Petroleum Corporation)
ABSTRACTS
Relevance of oil and gas accounting
in the economic development of Nigeria is the topic of this research. The study
is aimed at critically assessing the contribution of efficiency in the
accounting system of oil industry towards the Gross Domestic Product of the
economy. The study adopted secondary source of data collected from National
Bureau of Statistics (NBS) and NNPC publications. The study two hypotheses and
Statistical Package for Social Sciences (SPSS) were adopted in the analysis
while Pearson product moment correlation coefficient was used to test the
hypotheses. At the end of the analysis, the H0were, accepted stating that there
is no significant relationship between efficiency in the accounting system of
oil industry and GDP. The study the recommended that the organization should
continue in their proper accounting system in other to perform effectively and
also Government should revive the agricultural sector. This will reduce over
dependence on the oil and gas productions well as strengthen the sector (oil
and gas) for sound economic development in Nigeria.
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LEMOHA, N (2021). Relevance Of Oil And Gas Accounting In The Economic Development Of Nigeria (A Case Study Of Nigerian National Petroleum Corporation). Mouau.afribary.org: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/relevance-of-oil-and-gas-accounting-in-the-economic-development-of-nigeria-a-case-study-of-nigerian-national-petroleum-corporation-7-2
NOSIKE, LEMOHA. "Relevance Of Oil And Gas Accounting In The Economic Development Of Nigeria (A Case Study Of Nigerian National Petroleum Corporation)" Mouau.afribary.org. Mouau.afribary.org, 02 Jul. 2021, https://repository.mouau.edu.ng/work/view/relevance-of-oil-and-gas-accounting-in-the-economic-development-of-nigeria-a-case-study-of-nigerian-national-petroleum-corporation-7-2. Accessed 26 Nov. 2024.
NOSIKE, LEMOHA. "Relevance Of Oil And Gas Accounting In The Economic Development Of Nigeria (A Case Study Of Nigerian National Petroleum Corporation)". Mouau.afribary.org, Mouau.afribary.org, 02 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/relevance-of-oil-and-gas-accounting-in-the-economic-development-of-nigeria-a-case-study-of-nigerian-national-petroleum-corporation-7-2 >.
NOSIKE, LEMOHA. "Relevance Of Oil And Gas Accounting In The Economic Development Of Nigeria (A Case Study Of Nigerian National Petroleum Corporation)" Mouau.afribary.org (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/relevance-of-oil-and-gas-accounting-in-the-economic-development-of-nigeria-a-case-study-of-nigerian-national-petroleum-corporation-7-2