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This study centre’s on the impact of oil industry in the Economic Development of Nigeria. In investing the above data were obtained through questionnaires administration method. The mean analysis method was used to analyzed the responses, elated from respondents and meaningful conclusion drawn from it, it was discovered that factors like the oil industry serves as the government revenue by paying tax, granting loan to farmers to improve agriculture, creating employment opportunity, providing social amenities are some of the impact of the oil industry in order to improve the Economic Development of Nigeria.
1.1 Introduction
In this section, An Appraisal on the Impact of Oil Industry on the Economic Development is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.
This chapter focuses on the review of related literature. A literature review presents current knowledge, as well as theoretical and methodological contributions, related to An Appraisal on the Impact of Oil Industry on the Economic Development. It documents the state of the art on the subject under study and provides a comprehensive survey of existing literature. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …
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