UNLEASHING CHANGE: EXAMINING THE EFFECTS OF DOWNSTREAM OIL SECTOR DEREGULATION ON GOVERNMENT BUDGET STRUCTURE IN NIGERIA

Dr. Chioma Chinyere

Authors

Dr. Chioma Chinyere Banking and Finance Dept, Enugu State University of Science and Technology (Esut), Agbani, Enugu State, Nigeria

Keywords:

Downstream oil sector deregulation, government budget structure, expenditure allocations

Abstract

This study examines the transformative impact of downstream oil sector deregulation on the structure of the government budget in Nigeria. Downstream oil sector deregulation represents a significant policy shift that aims to enhance efficiency, reduce subsidies, and attract investment in the energy sector. Through comprehensive data collection and analysis, this research aims to unveil the specific effects of deregulation on revenue sources, expenditure allocations, and fiscal priorities within the Nigerian government budget. By gaining insights into these effects, the study contributes to a deeper understanding of how deregulation influences the fiscal landscape. The findings hold implications for policymakers, economists, and stakeholders seeking to navigate the complexities of energy sector reform and its broader fiscal consequences.

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