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Oil Subsidy And Development Of Local Refineries In Nigeria: A Critical Analysis
Abstract
This study interrogated the nexus between fuel subsidy administration and Development of local Refineries in Nigeria. The study argued that the fuel subsidy regime hindered the development of local oil refineries in Nigeria and created room for expatriates’ dominance of fuel importation and distribution. The study adopted explanatory research design. The data employed for the study were gathered from secondary source such as official documents; journals; magazines; Newspapers among others while content analysis and trend analytical techniques were employed for data analysis.