Problems and Prospect of Marketing Petroleum in Nigeria

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  • Topic: Petroleum, Petroleum industry, Oil well
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  • Published : September 29, 2011
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PROBLEMS AND PROSPECT OF MARKETING PETROLEUM PRODUCT IN NIGERIA:

CASE STUDY OF NIGERIAN NATIONAL PETROLEUM CORPORATION (NNPC)

BY

ADEKEYE ADEDAMOLA OLUWABUSAYO

MATRIC NO: 06/66MC020

A RESEARCH PROJECT SUBMITED TO THE DEPARTMENT OF BUSINESS ADMINISTRATION, FACULTY OF BUSINESS AND SOCIAL SCIENCES, UNIVERSITYOF ILORIN,NIGERIA.IN PARTIAL FUFILMENT OF THE AWARD IN B.SC (HONS)

JUNE 2010

CERTIFICATION
This research work entitled “problem and prospects of marketing petroleum product in Nigeria: A case study of NNPC” has been read and approved as meeting the requirement of the department of business administration university of Ilorin for the award of B.Sc (Hons).

……………………………………………………..

Mr. I. B. KADIRIDate

Project Supervisor

……………………………………………………..

Dr. (MRS) S. L. ADEYEMIDate

Head of Department

……………………………………………………..

PROF. A. F. ADEDAYO Date

Dean of Faculty

……………………………………………………..

External ExaminerDate

DEDICATION

This project was dedicated to Almighty God for his grace and loving kindness, which he has bestowed upon me. It’s also dedicated to my loving parents MR WOLE BISI ADEOTI ADEKEYE and MRS ALHAJA KUDIRAT ADEKEYE for their financial and parental support, I pray to God to let them see me make it so as to eat the fruit of their labour (Amen).

I also dedicate this to my brothers MR WALE OLUWAGBENGA ADEKEYE, MR SEYE ADETUNJI ADEKEYE and MR ADESHOLA ADETAYO ADEKEYE for their assistance and support in making this research a successful one and to my little lovely niece ADEWUMI ADEMIDE ADEKEYE, may God bless them abundantly (Amen).

ACKNOWLEDGEMENTS

I want to use this medium to express my gratitude to all who made my academic pursuit possible. First of such goes to my caring parents MR WOLE BISI ADEOTI ADEKEYE and MRS ALHAJA KUDIRAT ADEKEYE, who bore the financial implication of educating me to the best I can, I say a very big THANKS to them.

I owe a considerable vote of thanks to my dynamic, resourcefully and humble supervisor, MR I.B KADIRI, for his constructive, valuable suggestion, useful comments, and corrections of my problems and his guidance over me, in the course of writing this project. Also my appreciation goes to Dr. S.L. Adeyemi (H.O.D) and other lectures in the department in the name of Dr. D.G. Adejumo, Dr. J.A Oladipo, Dr. J.A Bamiduro, Dr. O.A Ilesanmi, Dr. Gunu, and Dr. Aremu. The last but not the least my appreciation goes to the management and staff of the NNPC Ilorin Mega filling station for their support. May God Almighty be with you and reward you abundantly.

My sincere appreciation also goes to my loving brothers, Mr. Adewale Olugbenga Adekeye, Mr. Adeseye Adetunji Adekeye, and Mr. Adeshola Adetayo Adekeye. My appreciation also goes to my dearest Miss Ogunkanmi Abiola Blessing who really helped me during my accident while I was at the hospital and also make my preparation for my examinations convenient, may good God reward her. Beyond the names mentioned in this acknowledgement, hence; I pray that everybody who has contributed directly or indirectly, mostly in prayer to this research and the completion of my B.Sc. programme, God will surely bless you all abundantly.

ADEKEYE ADEDAMOLA OLUWABUSAYO

06/66MC020

ABSTRACT

The subject of this study “project” has been chosen because of its importance to the Nigerian economy, i.e. to examine the problem and prospect of marketing petroleum product in Nigeria using NNPC as a case study. Another objective may include examining the level and performance of NNPC in the marketing and distribution of petroleum products, to critically review refinery installed capacity supply and demand of petroleum products. The objective of this study is to find the way of reducing or solve the problem of fuel scarcity Nigerian at a convenient and affordable price. This study is also to examine...
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